Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1 million. Hayes states that eventually, the U.S. will be forced to act by printing…
Ed Yardeni, president and chief investment strategist at Yardeni Research, says the US economy is “remarkably resilient” and rates are at “normal” levels on Bloomberg Television. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/5MtZDQE
Gold futures settled 2.3% lower, continuing to slip after Fed minutes released Wednesday included hawkish commentary on monetary easing. https://www.wsj.com/articles/gold-edges-higher-investor-sentiment-bullish-a2e00408
[PRESS RELEASE – Majuro, Marshall Islands, May 23rd, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum. The partnership between Multipool and Mobilum will enable users to onboard onto cryptocurrencies without involving a centralized exchange. “Centralized exchanges are on their way out, we’re thrilled to give users…
Former NFL player Antonio Brown is known for saying virtually anything that is on his mind. The outspoken Super Bowl champion recently sat down for a wide-ranging interview with OutKick. The conversation eventually shifted to politics, with author Nick Adams asking Brown about the origins of his perceptive affinity for former President Trump. “I’ve never…
DoubleLine’s Jeffrey Sherman spoke to CNBC about the risks to the economy and what part of the bond market makes the most sense for investors. https://www.cnbc.com/2024/05/23/this-doubleline-bond-fund-is-beating-the-market-heres-what-its-buying.html
In March, 20-year-old Terry Young became the third male charged with murder in connection to the deadly shooting at the Kansas City Chiefs’ Super Bowl parade. A total of 12 people pulled their guns, with at least six of those individuals firing their weapons, federal prosecutors said. Lyndell Mays, 22, and Dominic Miller, 18, also…
Spanish driller Repsol SA obtained a license from the US on Wednesday to keep operating in Venezuela after May 31, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/9X7zvgd
The president of Northwestern University, responding to questions about foreign funding sources at a congressional hearing, said the school is reviewing a contract with Qatar for its journalism-focused campus there. from Bloomberg Politics https://ift.tt/J2P3nsk
The Senate failed to advance a border bill backed by some Democrats and Majority Leader Chuck Schumer, D-N.Y., on Thursday, seeing the measure garner less support than it did in February when it was first considered. By a vote of 43-50, senators chose not to advance the bill, which was negotiated in a bipartisan nature…