Following last week’s robust US data, the dollar surged against all its major counterparts, gaining the most against the risk-linked currencies aussie and kiwi. Investors revised up their expectations with regards to the Fed’s future Read more…
Image: Mastodon Recently, I started looking for an alternative to Twitter (somehow, I suspect I’m not the only one) and landed on Mastodon. I like it there: most of the residents seem smart, friendly, and Read more…
Image: Mastodon Recently, I started looking for an alternative to Twitter (somehow, I suspect I’m not the only one) and landed on Mastodon. I like it there: most of the residents seem smart, friendly, and Read more…
Image: Mastodon Recently, I started looking for an alternative to Twitter (somehow, I suspect I’m not the only one) and landed on Mastodon. I like it there: most of the residents seem smart, friendly, and Read more…
Google has been scrambling to launch a competitor to ChatGPT — but perhaps rushing a little too hard. | Image: Google On Monday, Google announced its AI chatbot Bard — a rival to OpenAI’s ChatGPT Read more…
Fed Governor Lisa Cook said, “data are telling a pretty clear story of a historically strong labor market, with still elevated inflation.” But, Fed is “starting to seem some improvement in inflation data.” She expects Read more…
The Russell 2000 index of small stocks eked out a gain of 0.21% during the past 12 months, compared with a 6% decline for the S&P 500. Small-capitalization stocks have outperformed large-cap over the past Read more…
The cruise line has one major advantage over Carnival and Norwegian and it’s building on that. Even during the darkest days of the pandemic, Royal Caribbean Group (RCL) – Get Free Report kept moving forward Read more…
New York Fed President John William said, that the December interest rate projection “still seems a very reasonable view of what we’ll need to do this year in order to get supply and demand in Read more…
Markets Yesterday’s interview of Fed Chair Powell at the Economic Club of Washington for sure wasn’t the game changer some had hoped for. He agreed that further rate hikes are likely (maybe even more than Read more…