The Fed to intervene in a collapse scenario, what it means for the stock market & recession calls – Alex KrügerKitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity.
That means that the Fed will intervene if things start to collapse. This was already seen in 2023 during the failures of regional banks, including Silicon Valley Bank, Signature Bank, and First Republic Bank. Another scenario that could derail the soft landing outlook is an acceleration in inflation. "The outlook should change because the Fed's outlook will change if it happens," he noted.In the crypto space, Krüger pays close attention to Bitcoin, Ethereum, and Solana. To get his top crypto picks for 2024,The new spot Bitcoin ETFs are attracting new types of investors, pushing prices towards new all-time highs.
To get insights on how that would impact Bitcoin prices and which central banks will likely push the needle the most,The next big driver for crypto investors is a potential approval of a spot Ethereum ETF. On timing and chances of that happening this year,is the Producer for Kitco News. With more than ten years of experience in media, she has covered a range of topics, focusing on economy and politics.
Based in New York, Michelle joins Kitco News from i24News where she was editor-in-chief and lead anchor, hosting the nightly prime-time, flagship show"ClearCut with Michelle Makori" and"IBW", a weekly start-up and technology-focused magazine show. Michelle was instrumental in setting up the U.S. division of i24News, broadcasting across the USA and around the globe.
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Source: KitcoNewsNOW - 🏆 13. / 78 Read more »