U.S. Economy

In a recent analysis, economist Paul Krugman shared his thoughts on the United States’ economic performance following the release of the first quarter GDP report for 2024 by the Bureau of Economic Analysis. Paul Krugman is a Nobel Prize-winning American economist known for his influential work in international trade theory and economic geography. A prominent […]

Recently, Michelle Makori of Kitco News engaged in an insightful discussion with Jared Dillian, a seasoned financial expert and author. Jared Dillian is a financial writer, investment strategist, and former Wall Street trader. He is well-known for his expertise in financial markets and for writing in a way that makes complex investment topics accessible to […]

On Tuesday, Federal Reserve Chair Jerome Powell indicated that interest rate cuts might be postponed longer than initially expected due to ongoing high inflation readings. Speaking at a panel alongside Bank of Canada Governor Tiff Macklem at the Wilson Center in Washington, Powell highlighted the unexpected continuation of high inflation rates and suggested that the […]

In a recent analysis, market intelligence firm Santiment has spotlighted an emerging trend that could be pivotal for Bitcoin’s price trajectory: a diminishing correlation with traditional stock markets. According to Santiment’s latest observations, this trend may set the stage for Bitcoin to achieve unprecedented price levels, potentially reaching as high as $100,000. Santiment is a […]

According to a report published in The Wall Street Journal on April 10, the Federal Reserve faces new challenges in its ongoing battle against inflation, complicating its path to securing a soft economic landing. The WSJ article highlights an inflation report that surpassed expectations, posing significant implications for the Fed’s interest rate policies. The article […]

On April 8, financial services giant JPMorgan Chase & Co. (NYSE: JPM) published its 2023 Annual Report, including letters to shareholders from its Chairman and CEO — Jamie Dimon — and other business heads. As of December 31, 2023, JPMorgan Chase reported possessing assets totaling $3.9 trillion and stockholders’ equity amounting to $328 billion. In his […]

On April 5, 2024, Dr. Nouriel Roubini, a respected economist (though not in the crypto community due to his anti-crypto views), who is the Chairman and CEO of Roubini Macro Associates, provided a nuanced perspective on the global economic outlook, focusing on interest rate expectations, geopolitical risks, and the performance of the US economy. His […]

On April 2, David Spika, Chief Market Strategist at Turtle Creek Wealth Advisors, shared his insights on CNBC’s “Power Lunch” regarding the investment dynamics between Bitcoin and gold, especially against the backdrop of the current fiscal situation in the US and global economic conditions. Spika opened by addressing the anomaly in gold’s performance amidst expectations […]

Mike Novogratz, the CEO of Galaxy Digital, provided compelling insights into Bitcoin’s evolving market dynamics at the recent Bitcoin Investor Day conference in New York City. According to Novogratz, following the U.S. Securities and Exchange Commission’s (SEC) landmark approval of 11 spot Bitcoin ETFs in January, Bitcoin has been catapulted into a new realm of […]

In a landscape where the US government’s debt has skyrocketed to a staggering $34.578 trillion, Strike CEO Jack Mallers sheds light on an inevitable economic trajectory that could significantly bolster Bitcoin (BTC). Speaking with Bloomberg Technology’s Ed Ludlow, Mallers offers a profound analysis of fiscal policies and their implications for the future of cryptocurrency. The […]

In a recent opinion piece for The New York Times piece, economist Paul Krugman explores the complex narrative of U.S.-China relations, critiquing the portrayal of Democrats, especially President Joe Biden, as lenient towards China. Krugman is a highly influential American economist renowned for his significant contributions to the field of international trade and economic geography. […]

In an article published by Bloomberg News earlier today, President Joe Biden’s efforts to showcase a strengthening economy and control inflation are put to the test against a critical everyday indicator: skyrocketing grocery prices. Former President Donald Trump recently stated that under President Joe Biden’s leadership, the economy has deteriorated to the point where food […]

In a thought-provoking opinion piece for The New York Times, economist Paul Krugman revisits the concept of a “soft landing” in the context of current economic conditions, drawing parallels with historical instances of inflation and economic strategies. Paul Krugman is an American economist, distinguished professor, and op-ed columnist for The New York Times. Born on […]

Solana ($SOL) has continued its rally over the past 24 hours despite a downturn in the broader cryptocurrency market. According to data from CryptoCompare, currently (as of 7:10 p.m. UTC on March 14), SOL is trading at around $163.77, up 1.24% in the past 24-hour period. Meanwhile, Bitcoin ($BTC) and Ethereum ($ETH) are trading at […]

Earlier today, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shared his thoughts on the Federal Reserve’s potential interest rate cuts, the state of the U.S. economy, and his views on Bitcoin and artificial intelligence. While speaking at the Australian Financial Review business summit via livestream from New York on Tuesday, March 12, 2024, Dimon […]

In a recent article published on Yahoo Finance, Bloomberg macro strategist Simon White shed light on the growing trend of central banks accumulating gold reserves. According to White, this move is driven by concerns over the potential erosion of the dollar’s real value due to persistently large U.S. fiscal deficits and the looming threat of […]

Shrinkflation is a subtle strategy adopted by companies where they reduce the size or quantity of their products while maintaining or slightly increasing the price. This approach effectively makes consumers pay the same amount or more for fewer products. Reasons behind the practice of shrinkflation include: Escalating Costs: Faced with rising costs for materials, production, […]

Founded by Grover Norquist in 1985, Americans for Tax Reform (ATR) stands as a pivotal conservative advocacy group in the U.S., with a primary focus on shaping tax policy to align with free-market principles. At the heart of ATR’s philosophy is the conviction that the government’s power is intrinsically linked to its taxing authority. Consequently, […]

In the realm of economic discussions, few topics resonate as personally with the average American as the price of groceries. Paul Krugman is an American economist, distinguished professor, and author known for his work in international economics and his commentary on economic policy. Born on February 28, 1953, Krugman has made significant contributions to the […]

In a recent opinion piece for The New York Times, published on February 22, economist Paul Krugman offers an optimistic evaluation of the U.S. economy’s performance in 2023. Paul Krugman is a renowned American economist, author, and public intellectual. He was awarded the prestigious Nobel Memorial Prize in Economics in 2008 for his work on […]

On February 21, the Federal Reserve published the minutes from the Federal Open Market Committee (FOMC) meeting held January 30-31, 2024. Typically, these minutes are made public about three weeks following the Committee’s policy verdict. They provide insights into economic and financial conditions as perceived by the Committee at the time of the meeting, relying […]

In a recent MarketWatch article, the spotlight was turned on the escalating prices of fast food, particularly at McDonald’s, signaling a broader discontent among Americans with post-pandemic price increases. Social media users have voiced their concerns over what they perceive as steep prices for items like a $5 chicken sandwich or a $5.50 Egg McMuffin, […]

On February 15, during an appearance on Bloomberg TV, Lisa Shalett, the Chief Investment Officer (CIO) at Morgan Stanley Wealth Management, provided a comprehensive analysis of the current state of the U.S. economy and its implications for the stock market. Economic Conditions: A Closer Look Shalett began by addressing the overarching concerns surrounding economic conditions, […]

In a recent opinion piece for The New York Times, economist Paul Krugman delves into the complex issue of immigration in the United States, challenging widespread misconceptions and highlighting the indispensable role of immigrants in the nation’s economic fabric. Krugman is an American economist and public intellectual, widely known for his work in international economics, […]

In an appearance on CNBC’s “Closing Bell” yesterday, Sara Naison-Tarajano, the global head of Private Wealth Management Capital Markets at Goldman Sachs, shared her outlook for the U.S. stock market in 2024. The Market’s Bullish Trajectory Naison-Tarajano expressed a constructive outlook on the market, buoyed by strong economic data and earnings reports. With over half […]

In a recent opinion piece for The New York Times (NYT), Nobel laureate economist Paul Krugman delivers a robust analysis of the current U.S. economy, challenging the pervasive narrative of economic doom with a compelling defense of its vitality under President Joe Biden’s administration. Federal Reserve Chair Jerome Powell spoke to the public in a […]

On February 12, Jay Clayton, the former Chairman of the Securities and Exchange Commission (SEC), joined CNBC’s “Squawk Box” to offer his insights into the current state of the commercial real estate sector, its potential repercussions on banks, and the overall economy. His analysis provides a nuanced understanding of the financial landscape, touching on systemic […]

In a recent opinion piece for The New York Times, Nobel laureate economist Paul Krugman offers a compelling counter-narrative to the conservative portrayal of Europe as a cautionary tale for the United States. Through his characteristic blend of wit and wisdom, Krugman challenges the assertions made by figures like Kristi Noem, the governor of South […]

On February 12, 2024, Jason Trennert, Chairman and CEO of Strategas Research Partners, shared his expert analysis on CNBC’s “Squawk Box,” offering a deep dive into current market trends, the Federal Reserve’s ongoing battle with inflation, and the broader state of the economy. His insights provide a nuanced understanding of the financial landscape, revealing the […]

The Congressional Budget Office (CBO) in the United States is a nonpartisan agency that provides Congress with objective, impartial analysis of economic and budgetary issues. Its primary responsibilities include: Budget Analysis: The CBO analyzes the budgetary impact of proposed legislation, providing cost estimates for bills under consideration by Congress. This helps lawmakers understand the potential […]

In a recent Politico article by Adam Cancryn and Meridith McGraw, the narrative surrounding the U.S. economy’s performance under President Joe Biden is compellingly unpacked. The piece highlights how the unexpected economic upturn is reshaping the political landscape, particularly for former President Donald Trump and his campaign’s strategy for the 2024 presidential election. According to […]

In a recent opinion piece published by The New York Times, Nobel laureate Paul Krugman delves into the stark contrast between the dystopian narrative propagated by MAGA supporters and the actual state of the United States. Krugman is a renowned American economist, author, and columnist. Born on February 28, 1953, Krugman has made significant contributions […]

In a thought-provoking social media thread on platform X (formerly known as Twitter) on 10 February 2024, Paul Krugman dissected the current economic climate, suggesting that President Biden should openly celebrate recent economic successes. Krugman’s commentary sheds light on the complex interplay between economic data, public perception, and political partisanship. Krugman, an eminent economist and […]

On February 9, the day that the S&P 500 closed above 5,000 for the first time, in an enlightening interview with Bloomberg TV, Scott Bessent, CEO & CIO of Key Square Capital, shared his expert analysis on the current state of the US stock market, attributing the recent rally to anticipations of a Trump victory […]

On February 9, the day that marked the S&P 500 closing above 5000 for the first time, the spotlight turned to retail investors and their influence on this rally. Yesterday, in a conversation with CNBC’s “Fast Money,” Lule Demmissie, the US CEO of the popular trading platform eToro, shared valuable insights into how retail investors […]

On February 9, David Kelly, chief global strategist for JPMorgan Asset Management, went on CNBC’s “Squawk on the Street” to share his thoughts on the S&P 500 reaching 5,000 and what this achievement may or may not indicate about the months ahead. The Significance of S&P 500 at $5,000 Kelly reminisced about the days when […]

With an impressive EUR 896 billion in assets under management as of 31 December 2023, DWS Group’s influence spans continents, drawing from over 60 years of financial expertise. The firm is lauded for its excellence in Germany, Europe, the Americas, and Asia, serving as a trusted partner for integrated investment solutions, known for its stability […]

In a recent interview with Jeremy Szafron of Kitco News, Claudia Sahm, a former Federal Reserve economist and the founder of Sahm Consulting, provided a comprehensive overview of the current economic landscape, the Federal Reserve’s monetary policies, and the hotly debated topic of U.S. federal debt. Sahm is a well-respected authority on monetary and fiscal […]

In a compelling interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Charles Payne, a well-respected economic analyst and the host of “Making Money with Charles Payne” on the Fox Business Network, shares his trenchant insights into the financial world, with a particular focus on the precarious status of the U.S. dollar, the […]

Rick Santelli is a well-known figure in the financial news world, serving as an editor for the CNBC Business News network. Born on July 6, 1956, Santelli has been with CNBC since June 14, 1999, where he has made a name for himself by reporting primarily from the floor of the Chicago Board of Trade. […]

In a recent post on social media platform X, prominent economist, financial analyst, and investor Peter Schiff weighed in on former President Donald Trump’s stance on inflation and the oil industry. Schiff’s remarks come as Trump and the Republican Party have outlined a potentially extreme agenda for the environment, with a heavy focus on oil […]

As 2024 unfolds, the global economy is embracing a wave of optimism, marked by diminishing inflation and resilient growth that has surpassed expectations. Among developed nations, the United States is particularly noteworthy for its economic vigor. According to a report by Jeanna Smialek, Ana Swanson, Alan Rappeport and Jim Tankersley for The New York Times […]

In a revealing interview with CBS’s weekly news program “60 Minutes” that was aired yesterday, Federal Reserve Chair Jerome Powell provided a comprehensive overview of his approach to managing inflation, the health of the economy, and the future direction of interest rates. Conducted by correspondent Scott Pelley, the conversation shed light on Powell’s strategies to […]

Chris Burniske is a well-known figure in the cryptocurrency and blockchain space, recognized for his contributions as an author, analyst, and investor. He co-authored the book “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” with Jack Tatar, which has been influential in providing a comprehensive framework for understanding and investing in various digital assets […]

In a striking declaration on his “Truth Social” platform, former President Donald Trump has attributed the recent upswing in the stock market to the positive polling numbers he holds against President Joe Biden. Trump’s assertion suggests that investor confidence is buoyed by the prospect of his victory in the upcoming election, a claim made without […]

In a Bloomberg TV’s “Wall Street Week” interview on February 1, Nobel Laureate in Economic Sciences Paul Krugman shared his insights with David Westin on former President Donald Trump’s proposed 10% tariff on all imports and its broader implications. Krugman, a Nobel Prize-winning economist recognized for his work on trade, delved into the potential economic […]

In an interview on Bloomberg TV earlier today, Jeffrey Rosenberg, a senior portfolio manager at BlackRock Inc., shared his insights following the January jobs report and the Federal Reserve’s recent FOMC meeting. Rosenberg began by cautioning viewers to not jump to conclusions based on initial reactions to the jobs report, highlighting the importance of considering […]

Yesterday, Federal Reserve Chair Jerome Powell addressed the public in a post-FOMC press conference, discussing the Federal Reserve’s ongoing efforts to manage inflation and economic activity. Powell emphasized that while inflation has shown signs of easing from its previous highs, it remains above the desired 2% target, underscoring the uncertain path forward and the non-assured […]

Richard X. Bove, a distinguished financial analyst with over five decades of experience, recently made a striking declaration about the future of the U.S. dollar. Accordg to a report by Rob Copeland for The New York Times (NYT) published on January 27, in an interview following his retirement announcement, Bove, known for his candid and […]

In what he claimed would be his last words on CNBC about Bitcoin, JPMorgan CEO Jamie Dimon served his most ferocious attack ever on the flagship cryptocurrency at Davos 2024 in Switzerland. Dimon shared with CNBC’s “Squawk Box” his thoughts on a range of topics, including his meeting with Ukrainian President Volodymyr Zelenskyy, geopolitical issues, […]

On January 16, Howard Lutnick, CEO of Cantor Fitzgerald, spoke on Bloomberg Television at the World Economic Forum’s annual meeting in Davos, Switzerland. Cantor Fitzgerald is a global financial services firm that operates in various aspects of the financial markets. Founded in 1945, it has established itself as a prominent player in the world of […]

In a recent post on social media platform X, Paul Krugman shared his insights into the latest U.S. economic data, focusing on inflation rates. Krugman is an American economist, distinguished professor, and author, known for his work in international economics and his commentary on economic policy. Born on February 28, 1953, Krugman has been a […]

Tom Lee is a prominent figure in the finance sector, primarily recognized for his expertise in equity research and market analysis. He is the co-founder of Fundstrat Global Advisors, a market research firm established in 2014, and prior to this, he served as the Chief Equity Strategist at J.P. Morgan in the United States. Lee […]

On 10 January 2024, Jamie Dimon, the Chairman of the Board and CEO of global financial services firm JPMorgan Chase & Co., appeared on Fox Business’s “Mornings with Maria,” which is hosted by Maria Bartiromo. He discussed various topics, including the U.S. economy, impending bank regulations, and his views on cryptocurrency. Succession at JPMorgan Chase […]

In an interview on Bloomberg TV earlier today, Rebecca Patterson, the former Chief Investment Strategist at Bridgewater Associates, shared her perspective on the various risks facing the markets in 2024 and discussed strategies for hedging these risks. Patterson highlighted a range of potential risks that could impact the markets this year. These include policy changes […]

On December 13, 2023, U.S. Treasury Secretary Janet Yellen joined CNBC’s “Squawk on the Street” for an exclusive interview with co-anchor Sara Eisen at the Treasury Department. Janet Yellen, born on August 13, 1946, in Brooklyn, New York, is a distinguished American economist who has held several key positions in the U.S. government’s economic hierarchy. […]

Overview of Economic Data and Inflation Earlier today, Andrew Hollenhorst, Citi’s Chief U.S. Economist, joined CNBC’s “Squawk on the Street” to provide an analysis of the current economic data and its implications. He discussed the concept of a ‘Goldilocks’ economy, the potential for stickier inflation, and the timeline for achieving target inflation rates. Current Economic […]

Economic Outlook and Market Trends Mike Novogratz, the founder and CEO of Galaxy Digital, shared his perspectives on the current economic climate and market trends during an interview with Sonali Basak on Bloomberg Television. Novogratz anticipates a significant economic slowdown in the first quarter of 2024, leading to the Federal Reserve cutting rates towards the […]

Christopher J. Waller has been a pivotal figure in the Federal Reserve System since his appointment as a Board of Governors member on 18 December 2020. His term is set to conclude on 31 January 2030. Waller’s journey to this influential position began with his tenure as executive vice president and director of research at […]

On 20 November 2023, U.S. Treasury Secretary Janet Yellen appeared on CNBC’s “Squawk Box” to discuss various economic issues with co-anchor Andrew Ross Sorkin. The conversation covered the economic implications of the recent meeting between President Biden and Chinese President Xi Jinping, the state of the U.S. economy, the ongoing battle against inflation, and geopolitical […]