Search
Stocks Dip Amid Growing Concerns of Omicron and Fed Policy Tilt
15.12.2021
The financial market came to a sudden halt recently after the concerns regarding the omicron variant started surging. However, hospitalization reports from Denmark show a usually mild reaction from the variant. However, the severity of the matter is yet to be resolved. Meanwhile, the market is also...
Market Strategist Says Bitcoin’s Best Days Are Ahead, Won’t See Restrictive Fed Policy Anytime Soon
27.7.2021
The founder of investment management firm Michael Lee Strategy says that “the best days of bitcoin are definitely ahead of it,” expecting the cryptocurrency to “make all-time new highs.” The strategist further says that it will be a long time “before we see any sort...
Federal Reserve Bank Presidents: Cryptocurrency Sell-off Not a Systematic Concern, Does Not Affect Fed Policy
19.5.2021
Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. Louis. Crypto...