newsletter explaining what happens in crypto markets – and why., declining by more than 20% from its record high in January. Volatility remains elevated in both stocks and cryptos, while gold, a traditional safe haven asset, ticked higher on Friday.
On the macroeconomic front, some analysts expect selling pressure to wane in stocks, which could benefit cryptos short term. Bitcoin has been increasingly correlated with the S&P 500 over the past year. "It is premature to worry about an approaching recession until the bond market and central banks push monetary conditions into restrictive territory, which we do not expect in 2022,"
wrote in a Friday email. The firm expects a window of opportunity for equity markets to rebound as global growth conditions prove resilient, assuming interest rate expectations and bond yields calm down soon.
I continue to allocate usdt to buy promising defi tokens
Bitcoin is online gambling, it’s finished
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian Stock Market: Bulls cheer PBOC’s prudent policy, market mood soars, DXY easesMarkets in the Asian domain are advancing sharply higher as the risk-off impulse loses traction and global equities are underpinned by the market part
Source: FXStreetNews - 🏆 14. / 72 Read more »
First Mover Asia: Pine Wants to Test the Liquidity of the NFT Market; Cryptos Are Well-RedFresh off closing a $1.5 million funding round, Pine is building a platform that allows NFT holders to access liquidity using their NFTs as collateral, and a mortgage-type vehicle it calls “Pine Now, Pay Later.” theSamReynolds and JPRubin23 report thesamreynolds JPRubin23 Another project that will fail. thesamreynolds JPRubin23 what is this thesamreynolds JPRubin23 So when the jpegs dump , what's the lenders recourse .. foreclosure it's the ultimate rug init got ur jpegs and ur house too bwahahaha
Source: CoinDesk - 🏆 291. / 63 Read more »
Dow Falls 800 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost PressuresStocks tanked as investors worried about inflation’s impact on consumer spending.
Source: Forbes - 🏆 394. / 53 Read more »
White House admits stock market 'not something we keep an eye on every day'White House press secretary Karine Jean-Pierre said Wednesday that the stock market, which continues to witness erratic trading amid soaring inflation, is not something the White House tends to “keep an eye on every day.” Well no shit SHERLOCK WH eyes are closed most of the time At least Psaki was a decent liar, attempting to sound sincere! This woman hasn't a clue about anything she gets asked! 'Climate change!' 'gay black female immigrant!' 'racism!' From now on just put a tape recorder on the podium and hit continual play!
Source: FoxNews - 🏆 9. / 87 Read more »
Is it time to freak out about the stock market and the economy?Experts say we're coming off an extraordinary bull market and investors need to moderate their expectations. Let's fix the headline, 'Financial experts advice caution and long-term outlook during recent volatility.' are we connecting the dots of political discord,weather of unusual actions nation wide.endless wars and hate no one yet able to put the finger on it? No, it’s time to freak out about Democrats ruining the stock market and the economy.
Source: sdut - 🏆 5. / 95 Read more »