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Featured AlphaTack Intel Article
UAE Aluminum Smelter to Sell Raw Materials After Damage from Strikes
Emirates Global Aluminium has moved to sell large volumes of alumina — the key raw material needed to make aluminum — following a strike on a smelter it runs on the outskirts of Abu Dhabi, according to people familiar with the matter. EGA this week offered to sell...
– AlphaTack Intel Articles –
China’s Premier Orders More Measures to Arrest Stock Rout
Benchmark CSI 300 closed at a five-year low on Monday Cabinet was briefed on market situation and considerations China’s Premier Li Qiang asked authorities to take more “forceful” measures to stabilize his country’s slumping stock market and investor confidence, after...
Fed Should Stop Quantitative Tightening, Reduce Interest Rates Soon, Bill Gross Says
Fed cuts should come in next 6 to 12 months: Pimco co-founder US policymakers next meet Jan. 31 to discuss interest rates Bill Gross has some advice for the Federal Reserve: stop winding down its balance sheet now, and start cutting interest rates in coming months to...
Jim Cramer Cut Tesla From The ‘Magnificent 7’: Here’s His New Name For The Basket Of Mega-Cap Tech Stocks
CNBC’s Jim Cramer has made the argument that one of the seven popular names included in the so-called “Magnificent Seven” — a group of mega-cap tech stocks — should be removed from the index. What To Know: Cramer was credited with coming up with the “FAANG” acronym...
Top 16 Media and Entertainment Unicorns in 2024
The Media and Entertainment industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world. Many of these successes have turned into unicorns — private companies worth over $1...
China’s Economy Has Picked Up Traits Reminiscent Of The Great Depression.
China’s economy suffers many problems, and some are beginning to look like those that made it so hard for America to break out of its Great Depression in the 1930s. True, China has not experienced a stock market crash. That is different. What China does have in common...
Brevan Howard’s Top Economist Sees Recession Coming in 2024
The Fed may have to cut more this year than the market expects, says Jason Cummins. 2023 was the year the US economy escaped recession, defying expectations that a dramatic increase in interest rates would weigh on growth. As things stand in early 2024, stocks are...