U.S. Economy

Crypto analyst Will Clemente recently took to social media platform X to share an in-depth analysis of why he remains bullish on Bitcoin despite its nearly 70% drop from 2021 highs. He began by acknowledging Bitcoin’s origins, stating that it was created in the wake of the 2008 financial crisis. Satoshi Nakamoto, Bitcoin’s anonymous creator, […]

Former U.S. Treasury Secretary Larry Summers has openly expressed his apprehensions about the current inflationary environment in the United States. During his talk at the recent All-In Summit 2023, Summers cast doubt on the Federal Reserve’s assurance that it has the inflation situation well in hand. Lawrence Henry Summers, commonly known as Larry Summers, is […]

Billionaire investor Ray Dalio, the founder of Bridgewater Associates, recently expressed concerns that the United States is likely to resort to printing more money as the nation’s debt continues to escalate. During his appearance at All-In Summit 2023, Dalio emphasized that the U.S. could find it challenging to meet its financial commitments due to the […]

Jim Cramer, the host of CNBC’s “Mad Money,” recently discussed various topics affecting the stock market, from the Federal Reserve’s upcoming FOMC meeting to earnings reports and IPOs. He emphasized that while the market has seen rallies, several factors could introduce turbulence. The Federal Open Market Committee (FOMC) is a crucial component of the U.S. […]

JPMorgan Chase & Co., a leading financial services firm headquartered in the United States, boasts a global operational footprint. As of June 30, 2023, the company reported $3.9 trillion in assets and $313 billion in stockholders’ equity. Specializing in various financial sectors such as investment banking, consumer and small business services, commercial banking, financial transaction […]

In a recent interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Michael Lee, who is the founder of Michael Lee Strategy, said that he believes the gold price will reach $5,000 an ounce within three years. He attributed this to the fact that the U.S. economy is already in recession and that […]

Ray Dalio, the founder of Bridgewater Associates, recently took to LinkedIn to discuss the unexpected strength of the economy, even as the Federal Reserve tightens its monetary policy. The 74-year-old American, whose net worth is estimated to be around $19.1 billion (as of 9 September 2023), created the asset management firm Bridgewater Associates from his New York […]

The United States is on the brink of reaching a staggering $33 trillion in national debt, according to the latest data from the U.S. Department of the Treasury’s Bureau of the Fiscal Service. In the past month, the U.S. Total Public Debt Outstanding has ballooned by $306 billion, settling at approximately $32.91 trillion. This rapid […]

In a recent interview with prominent crypto analyst and trader Scott Melker (aka “Wolf of All Streets”), Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence, shared insights regarding the impending liquidity crisis and its potential impact on the broader economy and Bitcoin. Here were the key takeaways: Liquidity Concerns: McGlone describes the current situation as the most […]

Robert Kiyosaki is best known for his “Rich Dad” series of books, starting with the groundbreaking “Rich Dad Poor Dad.” This seminal work introduced readers to his unique financial philosophies and was followed by numerous titles that delved deeper into personal finance, investing, and wealth-building aspects. Over the years, Kiyosaki’s teachings, rooted in the lessons […]

Recently, Fitch Ratings, a globally recognized credit rating agency, downgraded the United States’ Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘AAA’ to ‘AA+’. The decision was driven by concerns about the U.S.’s fiscal health and governance standards, including an anticipated fiscal deterioration over the next three years, an escalating general government debt burden, and a […]

Fitch Ratings, a globally recognized credit rating agency, has announced a downgrade of the United States’ Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘AAA’ to ‘AA+’. This decision is a reflection of several concerns surrounding the fiscal health and governance standards of the U.S. According to Fitch, the downgrade is primarily driven by the anticipated […]

Former hedge fund manager Jim Cramer recently shared an optimistic perspective on the US economy. Brushing aside the specter of a potential economic downturn, he highlighted the impressive performance of leading corporations on the stock market as a beacon of economic vitality. Cramer is the host of CNBC show “Mad Money w/ Jim Cramer“. He is […]

According to data from the U.S. Department of the Treasury’s Bureau of the Fiscal Service, from June 27 to July 27, 2023, the U.S. Total Public Debt Outstanding jumped from $32,65 trillion to $32.26 trillion, which is an increase of over $392.75 billion. But what exactly is the Total Public Debt Outstanding, and why does it matter? […]

The U.S. national debt is skyrocketing, with a staggering $57 billion increase recorded in just four days. According to data from the U.S. Department of the Treasury’s Bureau of the Fiscal Service, from June 1 to July 6, 2023, the U.S. Total Public Debt Outstanding surged by over $1 trillion and from July 17 to July 20, […]

In a recent interview with Real Vision, Jim Rogers, a renowned American investor and co-founder of the Quantum Fund with George Soros, share his insights on the global economy. Rogers is recognized for his contrarian investment approach and his emphasis on long-term trends and global economic shifts. He is renowned for his insightful views on […]

In a Twitter thread posted earlier today, respected equity research analyst and investment strategist Lyn Alden shared her insights into the key drivers of inflation in different eras. She highlighted that the two biggest sources of broad money creation are bank lending and fiscal deficits. However, the dominant source varies across different periods. According to […]

According to a report published by The Daily Hodl earlier today, Jamie Dimon, the Executive Chairman CEO of JPMorgan Chase, reportedly has predicted a forthcoming pause in the Federal Reserve’s rate hikes. However, this pause comes with a significant catch that could impact risk-asset investors. According to The Daily Hodl, during an interview with Bloomberg […]