US stocks rose on Monday as investors looked ahead at the Fed’s next rate move. Investors are pricing in a nearly 30% chance the Fed could cut rates by March. Traders have raised their expectations for the Fed to cut rates sometime early next year, thanks to inflation running at a below-expected 3.2% yearly pace…
Warren Buffett, the billionaire investor, has accumulated a staggering $157 billion in cash and Treasuries through his company Berkshire Hathaway. This hefty cash pile is seen as a strategic move to position himself to make advantageous acquisitions and strike lucrative deals when the American economy inevitably falters, according to economist Steve Hanke. The well-respected investor’s…
Sweet Potatoes: A Nutrient-Rich and Versatile Delight In the realm of nutritious and versatile foods, sweet potatoes stand out as a vibrant and nutrient-rich delight. Beyond their sweet taste and comforting nature, these root vegetables offer an array of health benefits and culinary versatility. Let’s explore the world of sweet potatoes, uncovering their essence, benefits,…
As the winter season approaches, it is crucial to prioritize our health and strengthen our immune systems. One effective way to achieve this is by incorporating winter superfoods into our diets. These natural powerhouses are rich in vitamins, minerals, and antioxidants, making them essential for maintaining wellness during the colder months. Sweet Potatoes are a…
The Federal Reserve’s Dovish Pivot May Not Be as Likely as Markets Believe, According to Deutsche Bank Recently released inflation data has convinced the markets that the Federal Reserve is likely to take a more dovish approach. However, Deutsche Bank pointed out that the market has incorrectly anticipated a looser stance by the Fed at…
Legendary market prophet, Gary Shilling, has issued a series of dire warnings to investors in a recent interview. Shilling predicted that stocks could crash by 30%, the US economy is heading towards a recession, and commercial real estate is on the brink of a bubble bursting. Shilling, a veteran economist known for accurately forecasting events…
Apple is preparing to revolutionize its iPad lineup with the introduction of OLED displays, starting with the introduction of this technology on the iPad Pro models next year. According to a report by MacRumors, Taiwan’s ET News was the first to share this news. In 2026, the iPad mini and iPad Air will join the…
Former CEO of ChatGPT developer OpenAI, Sam Altman, is reportedly planning to launch a new artificial intelligence (AI) venture. According to reports, he has expressed his love for the OpenAI team and former co-founder and president, Greg Brockman, may also join the new project. The details of the venture are still unknown, but it has…
Inflation rates are cooling, which has led to an increase in optimism for rate cuts and a rise in stock market performance in November. Goldman Sachs has projected an 8% climb for the S&P 500 in 2024, attributing this to pre-2008 conditions returning. The general consensus is that the Federal Reserve is nearing the end…
Investors look forward to Federal Reserve rate cuts next year, but experts warn that it could signal a slowing economy. Amid falling inflation and the Fed’s reluctance to increase its benchmark rate further, investors are increasingly anticipating a reduction in interest rates in 2024. According to the CME FedWatch tool, markets are pricing in a…
