March 22 2023 🕓 5 min
Can debt be good for personal finance?
Is debt really that bad? Are loans worth taking? This post explains how debt may benefit one's finances.
Market Movers
March 24 2023
Nasdaq to offer crypto services in Q2
Nasdaq is about to launch crypto custody services in the second quarter of this year. Nasdaq is reportedly moving forward to get all the necessary technical setup and regulatory approvals ready.
March 24 2023
The EU stock market in red due to banks
The European stock market was brought down by the banking sector. DAX fell 2% due to ongoing fears that another bank will crash. Deutsche Bank is down 15%, while UBS along with Credit Suisse both lost around 6%. Other notable industry players like BNP Paribas and Commerzbank suffered losses as well.
March 24 2023
Bitcoin reportedly entered a supercycle
Bitcoin appears to be entering a new bullish “supercycle,” according to Bloomberg senior analyst Mike McGlone. He claims Bitcoin is the best-performing asset in 2023, increasing its price “nearly 10 times” as much as gold.
June 21 2022 🕓 2 min
Microchip sector grows fastest in China
The microchip sector is growing faster in China than anywhere else in the world, and Chinese companies are reporting record sales.
June 19 2022 🕓 2 min
The US housing market is going through tough times
Mortgage rates in the US rose by more than 0.5% this week, an increase not seen in decades. This may be a problem for many Americans.
June 9 2022 🕓 2 min
Ban on the sale of combustion engine cars in Europe?
The European Parliament has agreed that new cars with internal combustion engines will not be allowed to be sold from 2035.
June 7 2022 🕓 2 min
World Bank fears stagflation and cuts global growth forecast
The World Bank cut its global growth forecast for 2022 by almost a third to 2.9% and added fears of stagflation.
May 20 2022 🕓 2 min
US invests $3.5 billion to remove CO2 from the air
The U.S. Department of Energy has launched a program to fund four large-scale projects across the country.
April 15 2022 🕓 2 min
The Bank of Japan is clear about its strategy
The monetary policy of the Bank of Japan is aimed at achieving the 2% inflation target, not at manipulating exchange rates.
April 12 2022 🕓 2 min
The Russian economy is facing a massive downturn
Russia's economy could shrink by 10 percent this year, the biggest drop in gross domestic product since 1994.
April 8 2022 🕓 2 min
The UK plans to build eight new nuclear reactors
In the UK, the government has a plan to strengthen the UK's energy independence while tackling rising energy prices.
April 7 2022 🕓 2 min
The Fed plans to reduce its balance sheet
At its last meeting, the US Fed indicated it would reduce its massive bond holdings by a maximum of $95 billion a month.
April 6 2022 🕓 2 min
Russia is facing bankruptcy
There is a real risk that Russia is facing bankruptcy. Banks have refused to process dollar repayments to creditors.
April 6 2022 🕓 2 min
Will UK follow Germany with Gazprom changes?
Gazprom's British subsidiary said its future appeared more secure after Germany took the step of taking over its subsidiary in its country.
April 4 2022 🕓 2 min
Russian ruble and stocks are rising
The Russian ruble and the Russian stock index MOEX are rising and erasing their losses incurred due to the war conflict in Ukraine.