8 November, 2021 by The TZ Newswire Staff Comments Off on Bitcoin and Ether on the move – have hit record highs
Bitcoin and Ether on the move – have hit record highs
BTC/USD above US$67.5K, Ethereum above US$4.8K.
ETH update:
8 November, 2021 by The TZ Newswire Staff Comments Off on Goldman: Inflation Will Get Worse Before It Gets Better
Goldman: Inflation Will Get Worse Before It Gets Better
Goldman: Inflation Will Get Worse Before It Gets Better
It has not been a good year for Goldman’s economists in their dismal attempts to predict what transitory persistent inflation will do as the year progressed. As the following summary sheet notes, what started off in April as a forecast for 2.77% year-end inflation has singe ballooned into the realization that Headline CPI will be 6.31%. And judging by the 45bps monthly increase in inflation estimates this number will only get higher.
8 November, 2021 by The TZ Newswire Staff Comments Off on Fed’s Evans: Much of the current surge in inflation is temporary
Fed’s Evans: Much of the current surge in inflation is temporary
Comments from the Chicago Fed President:
Evans is usually a good barometer of the core of the Fed and I’d say that’s what we’re hearing here. They continue to push back on inflation fears but are less-strident than in August.
8 November, 2021 by The TZ Newswire Staff Comments Off on Cannabis Watch: Cannabis stocks rally on talk of M&A and latest moves toward possible reform of federal ban
Cannabis Watch: Cannabis stocks rally on talk of M&A and latest moves toward possible reform of federal ban
Cannabis stocks rebounded amid a report that Altria may buy the rest of Cronos and talk of a Republican-led bill to legalize cannabis on the federal level.
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8 November, 2021 by The TZ Newswire Staff Comments Off on Cannabis Watch: Cannabis stocks rally on talk of M&A and latest moves toward possible reform of federal ban
Cannabis Watch: Cannabis stocks rally on talk of M&A and latest moves toward possible reform of federal ban
Cannabis stocks rebounded amid a report that Altria may buy the rest of Cronos and talk of a Republican-led bill to legalize cannabis on the federal level.
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8 November, 2021 by The TZ Newswire Staff Comments Off on Midday Meme Stock Report for 11/8: Coinbase, ContextLogic, Tesla, Tilray and More
Midday Meme Stock Report for 11/8: Coinbase, ContextLogic, Tesla, Tilray and More
Meme stocks, like Monday’s broad markets, were trading higher, with more winners than losers and more new highs than new lows.
8 November, 2021 by The TZ Newswire Staff Comments Off on The Tell: Why markets are like a duck: ‘calm above the surface, but furious churning below’
The Tell: Why markets are like a duck: ‘calm above the surface, but furious churning below’
Global stocks keep cruising to all-time highs as volatility falls, but there’s some violent churning going on below the surface led by rates markets, say Morgan Stanley analysts, who have a new gauge aimed at measuring cross-asset turbulence.
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