Markets had a calm week; stocks, bonds, real estate slightly up. Goldman Sachs lowers US recession chance to 15%. Fed responsible in reducing debt by $1T since April, signaling stability.
Bond yields rise, pressuring tech firms. China’s economic concerns persist. Cryptos, especially Bitcoin, take a hit, influenced by SpaceX selling its holdings.
Talk of overvalued stocks and Michael Burry shorting the US market adds to the negative sentiment. Crypto also faces a downward trend. This is the ebb and flow of the markets.
Stocks dipped as optimism waned over earnings, economic indicators, and uncertainty about the US election. Moody’s downgrade of the US credit rating added to concerns.
The markets are buzzing with the Goldilocks scenario in the US, but Warren Buffet’s indicator suggests caution as stocks might be overheated.
Stocks continue their upward trend during earnings season. Elon Musk rebrands Twitter to “X,” but the platform’s business struggles persist. Gold and crypto experience a slump.
Markets ease, US inflation cools, and crypto sees a mild dip. Standard Chartered predicts a $120K Bitcoin by 2024. #MarketUpdate
The US avoids a significant recession, but China remains a concern. In crypto, Compound Labs eyes government bonds on Ethereum. Bitcoin
Global markets stable. Biden introduces “Bidenomics,” claiming credit for strong US economy post-pandemic. Despite positive indicators, voters skeptical.
