Economy

The US Federal Reserve plans to speed up its asset purchase tapering timeline in response to high inflation and an improved labor market

Bottlenecks and supply chain constraints are not going to go away until “well into 2022,” Powell warned, but the central bank will continue to keep an eye on things. 

Bill Blain discusses rising housing prices, wealth inequality, and thoughts on crypto

August’s jobs report shows that the economy is not maintaining its momentum in growth, likely due to an increase in coronavirus cases, and a Fed taper may be further off than expected.

Darius Dale shares his thoughts on how investors should prepare for a slowdown in global growth.

Alfonso Peccatiello of ING Deutschland discusses how a Bitcoin standard could impact a credit driven economy.

Co-founder of Kinetics Mutual Funds Peter Doyle says bitcoin is “probably the greatest risk-reward asset that I’ve seen in my entire life.”

In the latest episode of “On the Margin,” Michael Ippolito, co-founder of Blockworks, sits down Demetri Kofinas to discuss financial nihilism, political volatility and what prospects decentralization can offer to society.

In the latest episode of “On the Margin,” Michael Ippolito, co-founder of Blockworks, sits down with Dr. Pippa Malmgren to chat about globalization, decentralization and innovation post COVID.

“I think the reason the market liked the June jobs reports today is because it doesn’t change the expectation for the Fed,” said Tom Essaye, President of Sevens Report Research. “That to me is the biggest takeaway. It was a pretty goldilocks report.”

The OPEC ministerial panel recommended an increase in output of the red-hot commodity to compensate for the surging demand of oil in more industrialized countries.

“Precious metal markets simply can’t find a gear with the stronger dollar and strong economic data weighing on the market,” Ole Hansen at Saxo Bank A/S told Bloomberg.

Cryptocurrencies continue to climb despite regulatory crackdowns worldwide. Bitcoin faces resistance at $40,000 after last week’s volatile shakeout, where the largest crypto fell below $29,000.

CBOE SKEW Index, rose to 170, benchmarking the highest it’s been in over 30 years. The index’s hike, which measures the perceived risk of the S&P 500 over a month-long period, could point to investors’ anticipation of market volatility.

U.S. equities whipsawed following the Fed’s mildly-hawkish announcement last week. The Dow spiraled after Chair Powell hinted at interest rate hikes, benchmarking its worst stretch in over six months. But the index rallied this week, after Powell reassured investors that a 5% inflation environment would be unacceptable.