22 hours ago
Why one ****** yst thinks the US economy will be feeling the Iran-fueled inflation shock for years to...
Chris Whalen thinks hot inflation will weigh on the US economy for years after the Iran war ends.
The veteran ****** yst says supply disruptions in the Middle East will take a long time to normalize.
He said he expected inflation to rise to the high single-digits, about double its current rate.
Investors see the Iran war as all but over, but a market vet warns the effects will be felt a lot longer than Wall Street might realize.
Chris Whalen, an investment banker, longtime ****** yst
Chris Whalen thinks hot inflation will weigh on the US economy for years after the Iran war ends.
The veteran ****** yst says supply disruptions in the Middle East will take a long time to normalize.
He said he expected inflation to rise to the high single-digits, about double its current rate.
Investors see the Iran war as all but over, but a market vet warns the effects will be felt a lot longer than Wall Street might realize.
Chris Whalen, an investment banker, longtime ****** yst
5 months ago
Rep. Brandon Gill (R-Texas) has added up to $300,000 total in Bitcoin and shares of the largest BTC exchange-traded fund to his sizable holdings in both ***** ets, according to his most recent transaction report filed November 18 with the House of Representatives clerk.
Gill, a former investment banker and staunch ally of U.S. President Donald Trump, purchased between $100,000 and $250,000 in Bitcoin on October 20, and nine days later, bought between $15,001-$50,000 in BlackRock's iShares Bitcoin Trust ETF (IBIT). Periodic House transaction disclosures record a range and not the exact amount
Gill, a former investment banker and staunch ally of U.S. President Donald Trump, purchased between $100,000 and $250,000 in Bitcoin on October 20, and nine days later, bought between $15,001-$50,000 in BlackRock's iShares Bitcoin Trust ETF (IBIT). Periodic House transaction disclosures record a range and not the exact amount
5 months ago
Canada's parliament has narrowly approved Prime Minister Mark Carney's first federal budget, allowing his minority Liberal government to avert an early election.
The fiscal plan, which raises Canada's deficit to a projected C$78 bn ($55.3 bn; £42.47 bn), was passed thanks to crucial support from opposition MPs, including Green Party leader Elizabeth May.
Many opposition lawmakers have sharply criticised the fiscal plan - the second largest in history. The plan passed with 170 votes in favour and 168 against it.
Carney, who served as the former central banker for both Canada and the UK, has
The fiscal plan, which raises Canada's deficit to a projected C$78 bn ($55.3 bn; £42.47 bn), was passed thanks to crucial support from opposition MPs, including Green Party leader Elizabeth May.
Many opposition lawmakers have sharply criticised the fiscal plan - the second largest in history. The plan passed with 170 votes in favour and 168 against it.
Carney, who served as the former central banker for both Canada and the UK, has
