Robert Kiyosaki, the author of “Rich Dad Poor Dad,” is known for promoting steady investments like precious metals and real estate. Recently, he expressed a bullish outlook on Bitcoin, predicting its price could reach between $175,000 and $350,000 by the end of this year, following a significant 119% rise in 2024. Key factors driving this ...
U.S. stock index futures showed little movement on Monday following the last-minute approval of a government funding bill that prevented a shutdown. Investors are closely analyzing the Federal Reserve’s new outlook on interest rate cuts for 2025, which suggests only two reductions instead of the previously expected four. This shift reflects a stronger economic outlook, ...
Experts are optimistic about gold’s performance in 2025, following a strong year in 2024, with predictions of prices potentially reaching $2,700. However, Michael Saylor, co-founder of MicroStrategy, advocates for the U.S. to replace gold with Bitcoin as a reserve asset. He believes this shift could enhance U.S. economic leadership and capitalize on Bitcoin’s growth potential. ...
Analysts foresee a strong 2025 for gold, following its best yearly performance in over a decade in 2024. The World Gold Council suggests that gold may remain stable unless interest rates drop or geopolitical tensions escalate. Meanwhile, Michael Saylor, co-founder of MicroStrategy, argues for a shift away from gold to Bitcoin as the U.S. reserve ...
Veronica Clark, a US economist at Citi Research, anticipates that the Federal Reserve will lower interest rates by 50 basis points during its December meeting. She shared these insights during her appearance on "Bloomberg The Close."
Swiss inflation has unexpectedly slowed, raising concerns about the central bank potentially missing its target. This development strengthens the argument for further interest-rate cuts, as policymakers may seek to stimulate the economy amid decreasing price pressures. Investors and analysts are now closely watching for the central bank's next moves.
US government bond yields rose recently as weak demand in two Treasury note auctions indicated investor anxiety about upcoming supply. This trend comes just ahead of the next financing quarter, raising concerns about how well the market can absorb new debt.
