16 Articles 0 Followers
4 Sep 2024 1 minute read 1 comment BreakdownFab
I initially thought crypto was this invincible force, untouched by the ups and downs of the 'real' world? Turns out, it's not so different from those tech stocks we all love to obsess over – exciting, volatile, and definitely not immune to a bit of e...
6 Jun 2024 3 minute read 0 comments SweptOverNiagara
I've been so busy around the house lately that I neglected my blog for a whole month. Central Banker news in the last 24 hours though, was something I just had to pass on to my readers. It's so important to keep track of their shenanigans as it affe...
19 Sep 2024 7 minute read 0 comments Perfectionist25
The FED made a 50 basis point cut yesterday as I predicted. In fact, even calling it a prediction is wrong. The FED had already given many clues about it. Despite this, many people still believed in 25 basis points. Yesterday, I learned that 105 out...
26 Jul 2024 3 minute read 1 comment SweptOverNiagara
On Wednesday, the Bank Of Canada lowered its key lending rates by 25 basis points or a quarter of one percent, for the second month in a row. This brings the BoC's key lending rate down to 4.5%. It's now clear the bank is shifting its focus of f...
19 Sep 2024 1 minute read 1 comment Myxoplixx
How often have Fed chairs painted pictures of economic tranquility, only for financial storms to follow? In the past several decades, anytime the Federal Reserve cut interest rates by 50 basis points or more, historically, what wasn't said was, "thi...
15 Jun 2023 3 minute read 1 comment SweptOverNiagara
It's that time of the month again. Yesterday afternoon, we got word of a pause in rate increases from the Federal Reserve (which is not federal and has zero reserves). After ten hikes in a row, rates were held at 5 to 5.25% but included hawkish state...
3 Mar 2024 2 minute read 0 comments SweptOverNiagara
Although it was reported in the media, there was little fanfare to the fact that gold closed at a record weekly high on Friday, March 1, 2024 at spot $2,082 while April futures also closed at a record high of $2,095. On February 1, gold peaked at $2...
13 Dec 2023 2 minute read 0 comments SweptOverNiagara
This afternoon, the U.S. central bank, the Federal Reserve concluded its last F.O.M.C. meeting of the year. It's usually at this time when we find out what their plans are, basically. Key lending rates will stay the same as they have been before the...
26 Mar 2023 2 minute read 0 comments Actitube
The recent 25 basis points interest rate hike by the Federal Reserve has been a much-discussed topic in the financial world. In this blog post, we will discuss what the interest rate hike means for the world economy. What are interest rates? Interes...
13 Mar 2023 1 minute read 0 comments Alther
Banks and cryptocurrencies are two different ways to store and transfer value. Banks are regulated financial institutions that offer various financial services, including savings and checking accounts, loans, and investments, while cryptocurrencies a...
