2024 - Page 9 of 600 -

The Media Are Going Nuts On Tariffs, Why Are They Fine With Government-Granted Patent Monopolies?

May 19, 2024 Jeremy Parkinson Finance 0

There have been numerous pieces in major media outlets in recent days on the death of free trade which have been centered on the Biden administration’s use of tariffs to protect the U.S. market from Chinese EVs, solar batteries, and other products. depositphotosThese tariffs will raise the price of the protected items and cost American consumers more money, even though […]

Bitcoin ETFs Gain Mass Popularity: 937 Professional Firms Show Interest In Q1, Fueling Speculation Of $100,000 BTC

May 19, 2024 Jeremy Parkinson Finance, No picture 0

Exchange-traded funds (ETFs) backed by Bitcoin have surpassed traditional gold ETFs in popularity among professional firms, marking a dramatic transformation in the investment environment. This trend shows that institutional investors are becoming more confident about digital assets, as revealed by recent data.Spot Bitcoin ETFs were present in the 13F filings of 937 professional firms in […]

GOLD Trading Strategy, XAUUSD Analysis & XAUUSD Forecast – Sunday, May 19

May 19, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotosToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:18 More By This Author:US Dollar | USDX Index Analysis […]

GBP/USD Weekly Forecast: Cooling US Inflation Boosts Pound

May 19, 2024 Jeremy Parkinson Finance 0

The GBP/USD weekly forecast shows more upside potential as easing US inflation increases Fed rate cut expectations, weighing on the dollar. Ups and downs of GBP/USDThe GBP/USD pair ended the week very bullish as economic data from the US weakened the dollar. At the same time, data from the UK strengthened the pound. The US Consumer […]

Shiba Inu Set For Massive Gains, But Why RCO Finance (RCOF) Could Outperform

May 19, 2024 Jeremy Parkinson Finance, No picture 0

Shiba Inu (SHIB) has recently captivated investors’ attention with its meteoric rise and potential for substantial gains. However, amidst SHIB’s promising outlook, another contender in the crypto sphere, RCO Finance (RCOF), is quietly positioning itself as a potential outperformer. Through its innovative platform, RCO Finance offers a revolutionary approach to investment. Therefore, as investors brace for SHIB’s potential […]

Expect More Inflation No Matter Who Wins The Election

May 19, 2024 Jeremy Parkinson Finance 0

For many reasons, the Fed will struggle to contain inflation. Part of the Fed’s struggle is deficit spending and interest on the debt. depositphotos Key Points The government is running a cumulative deficit of $1.1 trillion so far in FY2024 ($46 billion more than the same period in the prior fiscal year when adjusted for timing shifts) […]

Yet More Boondoggles: Extracting Carbon Dioxide From The Air, Mining Asteroids

May 19, 2024 Jeremy Parkinson Finance 0

The dictionary doesn’t quite do justice to the word “boondoggle” according to author Dmitri Orlov, best known for his book Reinventing Collapse. A contemporary boondoggle must not only be wasteful, it should, if possible, also create additional problems that can only be addressed by yet more boondoggles. (This does NOT preclude boondoggles from being profitable for certain insiders.) depositphotos In Orlov’s universe, […]

Tax The Rich!

May 19, 2024 Jeremy Parkinson Finance 0

I was a graduate student in a STEM program when Reagan was elected and the Laffer curve was used to justify tax cuts. depositphotosThe problem that immediately stood out to me at the time was that neither the ordinate nor the abscissa in the Laffer graph had scales, so it was impossible to assess where, exactly, […]

Dow Jones Industrial Average Closes Above 40,000 In Quiet Friday Climb

May 19, 2024 Jeremy Parkinson Finance 0

The Dow Jones Industrial Average (DJIA) closed above the 40,000.00 major handle for the first time ever after markets wound down a hectic trading week that saw rate cut hopes return to the forefront after US Consumer Price Index (CPI) inflation eased to a three-month low. depositphotos Easing inflation figures sparked a risk appetite rally that sent the Dow Jones […]

Gold As Currency: Winds Of Change Are Upon Us

May 19, 2024 Jeremy Parkinson Finance, No picture 0

The world of finance is a fickle mistress, and the recent fluctuations in the price of gold have left many puzzled. For years, gold has been seen as a haven, a hedge against inflation, and a store of value. But now, a new trend is emerging. The euro and the dollar are trading higher in […]