Through ET MoneyJuly had an important lesson for investors. It’s the oft-repeated piece of advice: don’t try to time the market. Ignore the noise and keep investing. SENSEX and NIFTY 50 are up over 8% for the month. It is the first time since August 2021 that the two indices have risen so significantly. If … Read more
US West Texas Intermediate crude oil futures are trading lower on Friday, shortly after the release of a strong US Non-Farm Payrolls report that suggested the US is not in a recession and that the Fed is likely to continue its aggressive rate-hiking path . Prices have come under pressure this week as traders worried … Read more
The Federal Reserve has a simple anti-inflation playbook. Here’s how it works: Continue to put upward pressure on interest rates until business and consumer spending weakens across the economy and inflation falls. Historically, the Fed’s anti-inflation policy has always hit the US housing market particularly hard. When it comes to home transactions, monthly payments are … Read more
Bitcoin Bitcoin and cryptocurrency prices – including top ten coins Ethereum, BNB BNB XRP XRP Cardano, Solana, and Dogecoin — have rocked this week (despite a top VC predicting an imminent “explosion”). Subscribe to now to Forbes CryptoAsset and Blockchain Advisor and successfully navigating the bitcoin and crypto market crash Bitcoin price has surged from … Read more
FOMC day is finally coming and we are seeing slight dollar selling ahead of it, adding to the attractiveness of precious metals, the yen and the franc. Understandably, however, investors are reluctant to take bold positions ahead of the Fed’s announcement. Despite another likely 75 basis point hike by the Fed, will gold and … Read more