The cryptocurrency market dipped on Monday, with Bitcoin trading at its lowest since the November 2024 US election rally. The cryptocurrency market experienced significant losses as global markets faced considerable stress due to the US administration’s implementation of reciprocal tariffs. At the same time, Ripple’s XRP dropped by 20%, BNB fell by 9%, and Solana …
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Trump calls this medicine temporary in nature. I call this a bear market and the start of a great depression nickguarino.com
Wall Street is set to extend its crash on what could be called the next Black Monday as concerns over the tariffs imposed by United States President Donald Trump continue to affect markets around the world, index futures showed. The Nasdaq 100 futures nosedived 4.27% at 1:50 am ET, the Dow Jones futures slumped 2.75% or 1,000 …
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market loses $11 trillion since Inauguration Day Roughly $11.1 trillion has been wiped away from the U.S. stock market since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones Market Data.Some $6.6 trillion of that figure was lost on Thursday and …
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A selloff in stocks deepened, bonds climbed and oil tumbled to a four-year low as Federal Reserve Chair Jerome Powell signaled the damage of a trade war will be bigger than anticipated, with the potential effects including higher inflation and slower growth. Despite the economic risks from President Donald Trump’s trade war such as China’s decision …
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Berkshire Hathaway denied on Friday that its billionaire CEO Warren Buffett voiced support for the tariffs imposed this week by United States President Donald Trump. “There are reports currently circulating on social media (including Twitter, Facebook and Tik Tok) regarding comments allegedly made by Warren E. Buffett. All such reports are false,” the company stated. …
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United States Senate Commerce Committee Chair Ted Cruz expressed concerns over the latest tariffs imposed by US President Donald Trump, saying that he is “not a fan.” “If we’re in a scenario 30 days from now, 60 days from now, 90 days from now, with massive American tariffs, and massive tariffs on American goods in …
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Crude oil prices plunged over 8% on Friday after China announced sweeping new tariffs on US goods. This escalated the global trade war ignited by US President Donald Trump’s aggressive protectionist policies earlier this week. The selloff deepened after OPEC+ advanced its plan to boost production in May. Goldman Sachs cut its 2025 oil price …
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FOR A LAUGH SEE BULLSHIT VIDEO BELOW: Crude oil prices extended losses on Friday as markets worry about a possible drop in demand resulting from trade tariffs imposed by the United States. Meanwhile, OPEC+ announced yesterday that it will increase output by 411,000 barrels per day in May, more than expected. NN: FOR THE RECORD…. IT LOOKS …
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Eight OPEC oil-producing nations Thursday agreed to boost crude oil production beginning in May. OPEC said in a statement that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman “reaffirmed their commitment” to voluntary production adjustments as they announced plans to boost production to a more-than-expected 411,000 barrels a day. “The gradual increases may …
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