Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad, has called Bitcoin (BTC), silver and gold a “buying opportunity” amid the strengthening United States dollar and continued interest rate hikes. In an Oct. 2 Twitter post to his 2.1 million followers, the author noted the prices of the three commodities — sometimes referred
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Bitcoin (BTC) starts a new week in a precarious place as global macro instability dictates the mood. After sealing a weekly close just inches above $19,000, the largest cryptocurrency still lacks direction as nerves heighten over the resilience of the global financial system. Last week proved a testing time for risk asset investors, with gloomy
Baby bond programs aren’t a panacea for generational inequality, but remain a promising tool to chip away at such problems, experts said at an event this week in New York. Tuesday’s event at the Federal Reserve Bank of New York, “Exploring Baby Bonds as a Tool to Improve Economic Security,” was organized in conjunction with
Municipals were little changed Friday to close out a month that saw triple-A yields rise more than three-quarters of a point on the front end, $7.6 billion flow out of mutual funds and issuance fall by 43%. U.S. Treasuries were weaker and equities ended in the red after a month of central bank rate hikes,
Citing sustained progress on pension funding and debt reduction, Moody’s Investors Service Friday lifted its rating outlook on New Jersey to positive from stable, while affirming its issuer and general obligation bond ratings at A2. “The positive outlook is supported by the likelihood the state will continue its current practices for managing reserves and long-term
California water and wastewater issuers count among their challenges the recurrence of drought, fundamental modification to the usage rates and patterns of enterprise services post pandemic, and significant capital requirements from a regulatory and reinvestment perspective. Issuers and other sector experts will explore the unique risks facing water and wastewater agencies and how they are
Cities and Counties have had to question long-term revenue forecasts that were based on fundamentals that may no longer be present in their post-COVID economies. This uncertainty is particularly unsettling as COVID relief funds are spent down. Issuers, their advisors, and sector professionals will discuss their view of these challenges amidst those of the broader
Jair Bolsonaro may have finished in second place in Sunday’s presidential election in Brazil, but his tally of 43.2 per cent outperformed pre-election polls and propels him into the runoff with fresh momentum. Many of his allies and former cabinet ministers were elected to congress and to state governorships. His Liberal party will form the
Brazil’s president Jair Bolsonaro will face leftwing former leader Luiz Inácio Lula da Silva in a run-off vote at the end of this month after neither candidate gained a winning margin in a closer than expected presidential election. Lula claimed more than 48 per cent of valid ballots, failing to pass the 50 per cent
European shares and US stock futures kicked off the new month on a downbeat note, struggling to reverse course after Wall Street posted its longest streak of quarterly losses since the 2008 financial crisis. The regional Stoxx Europe 600 gauge lost 1.3 per cent in early dealings on Monday, while contracts tracking the S&P 500
Bank of Japan board members are concerned about the risk of inflation rising faster than expected and the health of the bond market, according to minutes of last month’s policy meeting released on Monday. Japan’s core consumer prices, which exclude volatile food prices, hit 2.8 per cent in August, but the BoJ expects inflation to
In the days before mobile internet spread across India, Byju Raveendran, an engineer and test preparation tutor from a coastal village in Kerala, could hold the attention of a stadium full of thousands of teenagers with the power of numbers. Or, at least, the magic numbers they would need to pass India’s competitive standardised engineering
Industry is back. For the last several decades, the sector has been overlooked and underinvested in, as Wall Street embraced Silicon Valley, services and all things technology-related. Manufacturing, particularly in rich countries like the US, was regarded as a “has been” business. Fewer and fewer wanted to invest or work in it. The inevitable decline
China’s president Xi Jinping is poised to secure an unprecedented third term as leader at a congress of his Communist party this month, but behind the political theatre a broader shift is playing out. Demographers predict the world’s most populous country will start to shrink in 2022, a turning point with profound ramifications for its
The chair of the Labour party has written to her Conservative counterpart calling on him to provide a full list of attendees at a private champagne reception attended by Kwasi Kwarteng just hours after his controversial “mini” Budget. Jake Berry, Tory chair, has defended the chancellor’s meeting with financiers at the home of a wealthy
The UK’s credit rating was threatened with a downgrade late on Friday when S&P, one of the world’s largest credit rating agencies, put the country on a “negative outlook” after chancellor Kwasi Kwarteng’s “mini” Budget last week. The rating agency maintained the UK’s double A investment grade credit rating but warned the outlook was negative.
Liz Truss has executed a humiliating U-turn by scrapping plans to axe the 45p top rate of tax, after facing a growing revolt from Tory MPs led by former cabinet ministers Michael Gove and Grant Shapps. After insisting on Sunday that the controversial plan would go ahead, Truss concluded after talks with her senior team
Making a mistake when you first start trading can be both disappointing and discouraging. I’ll let you in on something that I’ve learned throughout my professional experience- no one knows exactly what to do when they start out in the stock market for the first time. However, there is a way that you can avoid
Listen to what great investors and traders have to say about the right time for buying stocks. This video is going to open your eyes when it comes to scaling. Also, I’ll explain to you the entire process of scaling in and buying stocks as they move up. That way, you will get a clear
We’re going to talk about the iron condor and the double diagonal. More precisely, we will answer the question are they the same strategies. You’ll learn everything about these strategies, and you’ll understand how you can trade them. #ironcondor #doublediagonal #tradingstocks #tradingstrategy #stockprice #tradingtips Posted at: https://tradersfly.com/blog/exactly-the-same-option-trading-strategy-iron-condors-vs-double-diagonals ? Newsletter & Announcements : https://tradersfly.com/go/tube/ ? Discord