The total return of the FTSE Nareit All Equity REITs index slumped 16.1% this year through May 9. Real estate investments in recent months have hit the skids amid rampant inflation, soaring interest rates and fears of Read more…
ECB Governing Council member Joachim Nagel said today, “as inflation in the euro area continues to run high, we need to act.” He expects the asset purchases to end in June and “will advocate a Read more…
GBPAUD suffered a very sharp decline in recent months, sinking to fresh 4-year lows. That said, the pair has rebounded and a double bottom pattern seems to have formed on the daily chart. Momentum indicators Read more…
The crypto market has lost almost $1.5 trillion since November. How long will the correction continue? Everywhere in the crypto market, there is red and a lot of pain. The neighbor, the friend, the girlfriend, Read more…
The British pound is in calm waters early in the week, as GBP/USD trades slightly above the 1.23 line. There are no major releases out of the UK or the US, which means that the Read more…
Markets Global markets entered calmer waters after yesterday’s wild risk-off. Even so, after losses of 3.0-4.0%, equities rebounding 2.0%/1.5% (EuroStoxx50/Nasdaq) isn’t enough to conclude that the repositioning has run its course. Eco data provided only Read more…
Cleveland Fed President Loretta Mester said, she supports 50bps rate hikes at the next couple FOMC meetings. She also expects interest rate to go above 2.5% to bring inflation down. “We need to get monetary Read more…
She also purchased a provider of 3D virtual tours and familiar names in the cryptocurrency and gambling sectors. Notable investor Cathie Wood, chief executive of Ark Investment Management, bought some of her familiar stocks and Read more…
“We are excited to announce Pfizer’s proposed acquisition of Biohaven, recognizing the market leadership of Nurtec, our breakthrough all in one migraine therapy,” said CEO Vlad Coric. Biohaven Pharmaceutical (BHVN) – Get Biohaven Pharmaceutical Holding Read more…
Here’s a closer look at how quarterly taxes work and what you need to know when filing your self-employed tax returns. Working for yourself presents a host of benefits, such as never having to report Read more…