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Featured AlphaTack Intel Article
India Stocks See Worst Day Since June 2024 as Growth Risks Mount
Indian equities took a heavy beating as US President Donald Trump’s ongoing war in Iran drives energy prices sharply higher, forcing investors to price in a higher risk of an economic slowdown. The NSE Nifty 50 Index slumped 3.3% on Thursday — its biggest one-day loss...
– AlphaTack Intel Articles –
Economist Says Stock Market Will Witness Largest Crash Since 1929 As U.S. Dollar Explodes
ZINGER KEY POINTS Henrik Zeberg said that stocks are likely on their way up while the dollar index (DXY) is likely on its way down. Last week, Zeberg predicted that Bitcoin would skyrocket this summer. Macroeconomist Henrik Zeberg expects a massive blow-off top for...
Tesla’s biggest Chinese rival unveiled a ridiculously cheap electric car — see $11,000 BYD Seagull
Chinese electric-car maker BYD launched the Seagull, a ridiculously cheap hatchback. It costs roughly $11,000 to start and offers up to 251 miles of range, according to BYD. It can charge from 30% to 80% in 30 minutes. This sleek little hatchback is one of the best...
US Pending Home Sales Fall 5.2%, Biggest Drop Since September
Decrease in March contract signings missed all estimates ‘Supply is simply not meeting demand,’ NAR economist says US pending home sales fell last month by the most since September, suggesting the housing market isn’t totally out of the woods yet. The National...
Summers Says Inflation Won’t Get Back to 2% Without Downturn
The former Treasury secretary said he is ‘not that optimistic’ about the fight against rising prices and that the Federal Reserve lost credibility by acting too slowly. Former Treasury Secretary Lawrence Summers said taming inflation will likely lead to a...
Fund Manager Man GLG Says Stocks Need to Fall 26% to Reflect Looming Economic Slowdown
Man GLG’s Cole says markets are pricing in ‘almost no landing’ S&P 500 below 3,000 would reflect cyclical risks, he says US stocks need to drop by more than a quarter from current levels to adequately reflect the looming slowdown in economic growth and company...
5 Economic Disasters We Were Warned About In Advance That Are Happening Right Now
Authored by Michael Snyder via The Economic Collapse blog, Our leaders were able to successfully kick the can down the road for a long time, but now many of our long-term problems are becoming short-term problems, and the economic outlook for the remainder of 2023 is...