Economist who called 9% inflation has this grim forecast for what's next – Steve Hanke
Steve Hanke, professor of Applied Economics at Johns Hopkins University, has accurately predicted that inflation in the U.S. will reach 6% to 9%. With the latest headline CPI release coming in at 9.1%, Hanke told David Lin, Anchor for Kitco News, that inflation has peaked for now. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow […]
Biden executive order on cryptocurrency expected this week
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2022-03-07 16:41:58 U.S. President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded. The move comes as administration officials have raised concerns in recent weeks about Russia’s use of cryptocurrency to evade the impact of crushing sanctions in […]
Biden Is Trouncing Trump’s Stock Markets Where It Matters
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2021-10-30 13:04:51 Democratic Presidential candidate and former US Vice President Joe Biden and US President Donald … [+] Trump. (Photo by JIM WATSON,SAUL LOEB/AFP via Getty Images) The Dow 30 Industrials, the S&P 500 and the Nasdaq Composite all closed at record levels on Friday. This occurred even while two of the largest companies in […]
5 things to know before the stock market opens Wednesday, Oct. 13
2021-10-13 04:55:27 Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to avoid a four-session losing streak Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021. Brendan McDermid | Reuters 2. Supply chain woes, rising costs may […]