News
๐ฅ Gold Hits All-Time Highs: Diversification Strategies and Market Trends ๐
๐ฅ Gold Hits All-Time Highs: Diversification Strategies and Market Trends ๐ ๐ Gold prices have reached all-time highs, exceeding $2,250 per ounce, marking a 38% increase from the low point in 2022. Despite the record highs, many analysts remain optimistic about gold...
๐ฐ Gold and Bitcoin โhand in handโ to their peaks ๐๐ฅ
๐ฐ Gold and Bitcoin โhand in handโ to their peaks ๐๐ฅ ๐ Gold and Bitcoin, traditionally viewed as contrasting assetsโone a safe haven and the other volatile and speculativeโachieved record highs in tandem. Gold surged to $2,141 per ounce, attributed to geopolitical...
๐ฉ Is the US stock market too concentrated๐ฉ
๐ฉ Is the US stock market too concentrated๐ฉ ๐ The recent surge in the S&P 500, surpassing the 5,000-point threshold, has sparked discussions about the trajectory of the index for the rest of the year. Just months ago, analysts were projecting a modest increase for...
๐ NVIDIA to the sky! ๐
๐ NVIDIA to the sky! ๐ ๐ After releasing yet another staggering sales estimate, Nvidia Corp. jumped in late trade, giving a boost to a stock rise that had already made the company the most valuable chipmaker in the world. The corporation announced in a statement on...
๐ก๐ The Real Estate crisis looms over banks
๐ก๐ The Real Estate crisis looms over banks ๐จ During the last few days, investors have been focusing on the regional banking sector, which seems to be facing new difficulties. In particular, New York Community Bancorp fell 42% after announcing a loss and a dividend...
๐ S&P 500 is at its peak: now what? ๐ฅ
๐ S&P 500 is at its peak: now what? ๐ฅ ๐ The S&P 500 Index has reached its all-time high, which it last touched in January 2022, after 746 days. Using S&P 500 data going back to 1950, we can observe that the average fall during a bear market was 35%....
๐ Germany in reverse gear ๐
๐ Germany in reverse gear ๐ ๐ The Federal Statistical Office Destatis reported that 2023 ended with the GDP declining by 0.3%. This was the biggest slowdown since 2020, when the Covid pandemic had sent the economy down 3.8%, breaking a 10-year positive upward trail....
China will facilitate foreign investments ๐ธ๐ธ๐ธ
China will facilitate foreign investments ๐ธ๐ State media said that Chinese Vice Premier He Lifeng promised to facilitate foreign institutions' investment in the nation at a meeting with global financial leaders on Wednesday. The gathering takes place at a time when...
๐ Bitcoin soars on the first days of the New Year ๐
๐ Bitcoin soars on the first days of the New Year ๐๐ Bitcoin soared to $45,000 for the first time since April 2022, owing to an increase in geopolitical tensions in the Red Sea and growing optimism about the approval of a bitcoin exchange-traded fund. According to...