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The global economy may be headed for years of weak growth and rising prices, a toxic combination that will test the stability of dozens of countries still struggling to rebound from the pandemic, the World Bank warned Tuesday.
Not since the 1970s — when twin oil shocks sapped growth and lifted prices, giving rise to the malady known as “stagflation” — has the global economy faced such a challenge.
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Is the risk of further deter...
Not since the 1970s — when twin oil shocks sapped growth and lifted prices, giving rise to the malady known as “stagflation” — has the global economy faced such a challenge.
![World Bank warns global economy may suffer 1970s-style stagflation.](https://ussnsimg.moomoo.com/1654677247371-70040946-android-org.jpg/thumb)
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Russia wants "unfriendly countries" to pay for Russian natural gas in rubles. That's a new directive from President Vladimir Putin as he attempts to leverage his country's in-demand resources to counter a barrage of Western sanctions.
"I have decided to implement ... a series of measures to switch payments — we'll start with that — for our natural gas supplies to so-called unfriendly countries into Russian rubles," Putin said in ...
"I have decided to implement ... a series of measures to switch payments — we'll start with that — for our natural gas supplies to so-called unfriendly countries into Russian rubles," Putin said in ...
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"Timing is more important than the idea."
Great investments at bad timing may cause serious losses.
2021 is a great year for investors. $Dow Jones Industrial Average (.DJI.US)$ up 18.7%; $S&P 500 Index (.SPX.US)$ up 26.9% $Nasdaq Composite Index (.IXIC.US)$ up 21.4%
So far in 2022, once high-flying tech stocks are taking it on the chin, with the $Nasdaq Composite Index (.IXIC.US)$ down 14.4% year-to-date, and down 16.4% since hitting an all-time high in mi...
Great investments at bad timing may cause serious losses.
2021 is a great year for investors. $Dow Jones Industrial Average (.DJI.US)$ up 18.7%; $S&P 500 Index (.SPX.US)$ up 26.9% $Nasdaq Composite Index (.IXIC.US)$ up 21.4%
So far in 2022, once high-flying tech stocks are taking it on the chin, with the $Nasdaq Composite Index (.IXIC.US)$ down 14.4% year-to-date, and down 16.4% since hitting an all-time high in mi...
![Daily Poll: When did you start investing?](https://ussnsimg.moomoo.com/1645503903974-77777000-android-org.gif/thumb)
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According to this article (https://www.marketplace.org/2021/08/04/what-freight-rail-tells-us-about-the-economy/), Warren Buffett was once being asked which economic indicator he would choose if he were stranded on a desert island, and with access to only one set of economic statistics (e.g. consumer confidence, inflation, unemployment, etc.), and he picked freight rail traffic. The reason is that when rail is doing well, it usually means the eco...
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The risk-off attitude and selling pressure across the global crypto market showed no sign of abating over the weekend, with losses in $Bitcoin (BTC.CC)$ and $Ethereum (ETH.CC)$ adding to a brutal week. Bitcoin, the largest cryptocurrency by market value, fell to as low as $34,042.77 on Saturday, representing a loss of more than 50 percent from its all-time high last November.
Many investors see Bitcoin as a great hedge against inflation. However, BTC pric...
Many investors see Bitcoin as a great hedge against inflation. However, BTC pric...
![Daily Poll: What does Bitcoin mean to you?](https://ussnsimg.moomoo.com/1642998039624-77777000-android-org.gif/thumb)
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What is NFT? Click to read>>
$Walmart (WMT.US)$ appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of nonfungible tokens, or NFTs.
The big-box retailer filed several new trademarks late last month that indicates its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, the company said it would offer users a ...
$Walmart (WMT.US)$ appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of nonfungible tokens, or NFTs.
The big-box retailer filed several new trademarks late last month that indicates its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, the company said it would offer users a ...
![Daily Poll: NFTs are suddenly everywhere?](https://ussnsimg.moomoo.com/1642479288734-77777000-android-org.gif/thumb)
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In recent years, tech stocks usually performed better than the other sectors in the market.
The explosive growth delivered by tech-focused companies has helped fuel the S&P's meteoric rise over the past decade.
Yet some investors worry big tech stocks may have a tougher time delivering big gains this year in the face of stretched valuations, expectations of higher Treasury yields, and a more hawkish Federal Reserve.
Surging bond yields have triggered hedg...
The explosive growth delivered by tech-focused companies has helped fuel the S&P's meteoric rise over the past decade.
Yet some investors worry big tech stocks may have a tougher time delivering big gains this year in the face of stretched valuations, expectations of higher Treasury yields, and a more hawkish Federal Reserve.
Surging bond yields have triggered hedg...
![Daily Poll: Are tech stocks overvalued?](https://ussnsimg.moomoo.com/1641790482565-77777000-android-org.gif/thumb)
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