This game can help investors avoid dramatic lows

It’s a class of exchange-traded funds designed to keep your portfolio from hitting dramatic lows, but it may require a level of sophistication. The idea: Include short-term leveraged plays, including covered call and risk reversal strategies to help investors adjust their own defensive strategies, similar to hedging. However, there may be an unintended price involved. … Read more

Which developed country will be the first to adopt Bitcoin? – Bitcoin magazine

This is a transcribed excerpt from the “Bitcoin Magazine Podcast” hosted by P and Q. In this episode they are joined by Jeff Ross to talk about why he thinks we are still in a bear market and which country he thinks he is going to. the following are to use bitcoin as a reserve … Read more

Fed Governor Bowman sees ‘similar’ rate hikes on the horizon after three-quarter-point moves

Federal Reserve Bank governor Michelle Bowman makes her first public comments as a federal policymaker at an American Bankers Association conference in San Diego, Calif., Feb. 11, 2019. Ann Sapphire | Reuters Federal Reserve Governor Michelle Bowman said on Saturday that she supports the central bank’s recent major rate hikes and thinks they will likely … Read more

The US economy has yet to face its biggest recession challenge

A person removes the nozzle from a pump at a gas station on July 29, 2022 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images You would be hard-pressed to find a rearview mirror recession right now. What’s on the road, however, is a different story. There is no historical precedent indicating that an … Read more

Why the price of a pint of beer in the UK is through the roof

LONDON – The average price of a pint of beer in the UK has risen 70% since 2008 – well above inflation – and some Londoners are bidding as much as £8 ($9.70) for 568ml of the amber nectar. According to figures from consultancy CGA, the average cost of a pint has risen from £2.30 … Read more

Job Report July 2022: 528,000

July hirings were much better than expected, defying signs that the economic recovery is losing momentum, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls rose 528,000 this month and the unemployment rate stood at 3.5%, well ahead of Dow Jones estimates of 258,000 and 3.6%, respectively. Wage growth also rose higher, as average hourly … Read more

Taiwan’s trade with China is much larger than its trade with the US

Aerial view of shipping containers at the port in Keelung, Taiwan. Data shows that Taiwan is more dependent on China than the US for trade Sam Yeh | Afp | Getty Images BEIJING — Data shows that Taiwan is more dependent on China than the US for trade, even as House Speaker Nancy Pelosi threw … Read more

Weekly U.S. unemployment claims rise to 260,000 ahead of Nonfarm Payroll Report

Initial unemployment insurance claims reached 260,000 last week, nearly the highest level since November amid a shift in the US job market. The total for the week ended July 30 was in line with the Dow Jones estimate, but up 6,000 from the previous week’s downwardly revised level, the Labor Department reported Thursday. In other … Read more

2020 changed the economy in ways we can’t yet understand

In an earnings call this week, Yum Brands CEO David Gibbs expressed the confusion many people feel as they try to figure out what’s going on with the U.S. economy right now: “This is really one of the most complex environments we’ve ever seen in our industry to work in. Because we’re not just dealing … Read more

Gold price drops to $1,650 by year end, but rebounds in 2023, says Capital Economics

(Kitco News) Despite this week’s gains, Gold is still likely to fall to $1,650 by the end of the year before the recovery begins, according to Capital Economics’ latest forecast. “After falling sharply in the second quarter, we believe the gold price is now close to a cyclical low. In addition, … Read more