Tag Archives: crash

The market tumbles — is this the crash Suze Orman warned about? The U.S. stock market took a gut-wrenching dive on Monday, but the big worry for investors is what still lies ahead. All three major indexes took a tumble over fears that the delta variant of COVID-19 could threaten the global recovery. The Dow Jones Industrial Average suffered its biggest drop of the year, falling 2.1%, while the S&P 500 fell 1.6% and the Nasdaq 1.1%. Some analysts are already worried this could be the beginning… Source link

Suze Orman worries about a market crash — here’s what you should do As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy. That clash has worried investing experts, including Suze Orman, who’s gone so far as to say she’s now preparing for an inevitable market crash. And a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something. Here’s an explanation of where the… Source link

Robert Kiyosaki, author of New York Times bestseller “Rich Dad, Poor Dad” and founder of The Rich Dad Company, is sounding the alarm about an impending recession, recently tweeting a warning about an impending “biggest crash in world history.” He predicted that it would be a long economic downturn and encouraged people to buy and invest in gold, silver, and bitcoin (BTC-USD) while they can.  Kiyosaki joined Yahoo Finance Live to discuss why he thinks a market crash is coming as well… Source link

Robert Kiyosaki has stated that buying bitcoin, gold, and silver are good bets as he expects the biggest crash in world history is upon us. The American businessman and author of the acclaimed book “Rich Dad, Poor Dad” has expressed his views on the current financial market.  Kiyosaki is a bitcoin maximalist who has become very vocal about his opinions on bitcoin in recent months. The 74-year-old’s recent tweet backs gold, silver, and bitcoin as safe haven assets pending a worldwide… Source link

The Tour de France descended into chaos Saturday after a careless fan caused a massive crash at the event when their sign hit one of the riders. The fan was posing for the camera with the sign, and not watching the race when a rider collided with the sign. With all the riders packed so close together, the impact of the crash was massive.  At least one bike was damaged as a result of the crash. It’s unclear whether any riders were seriously injured in the incident. A fan caused a massive crash… Source link

Surging inflation is creating a conundrum for the Federal Reserve, economist Nouriel Roubini cautioned on Wednesday, adding that spiking prices will persist and potentially tie the central bank’s hands. With demand soaring, the resulting supply and labor bottlenecks are lighting a fire under prices. Although the Fed insists the effects are “transitory,” Roubini — also known as “Dr. Doom” for his gloomy economic predictions — warned that the central bank won’t be able to tighten monetary… Source link

Fund managers aren’t sold that bitcoin (BTC-USD) is a screaming buy after the cryptocurrency’s rout.  Eighty-one percent of fund managers polled in a new Bank of America survey say bitcoin is still a bubble despite the steep price pullback. Investors view bitcoin as the second most crowded traded (investors love bitcoin perhaps too much) behind being long commodities.  A total of 224 fund managers with $667 billion in assets under management participated in the survey. To be sure, bitcoin… Source link

Surging usage of Polygon Network’s Ethereum layer 2 scaling solution allowed that platform’s token (MATIC) to largely escape the fate of other cryptocurrencies in May brought down by crash in the price of bitcoin. MATIC, currently ranked 18th as per market capitalization by Messari, rallied 120% in May even as bitcoin fell by 35%. Ether, polkadot, cardano, XRP, and decentralized finance (DeFi)-blue chips suffered bigger losses, pushing the total market capitalization of the crypto… Source link

TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link