Is There a Chance the Fed Will Not Cut Interest Rates? Attention will now shift to Thursday’s FOMC decision where a 25bps rate cut is widely expected. So, the surprise would be no change by the Fed, which cannot be ruled out following the resounding win by President-elect Trump. What would you do…
Americans are deciding today who their next President will be. The race between Donald Trump and Kamala Harris is tight, with the outcome expected to be determined by seven swing states: Arizona, Georgia, North Carolina, Nevada, Pennsylvania, Michigan, and Wisconsin. The candidate who secures the majority 270 electoral votes will become the next US President….
A Warning to All Traders: Your Stop May Not Be a Stop Anyone who has survived the forex trading wars and is still trading knows how important stops are to preserve capital and staying in the game. As I noted in Use stops and Live to Trade Another Day Stops are a…
Billionaire and crypto advocate Mark Cuban criticized the US Securities and Exchange Commission (SEC) Chairman for his crackdown on the industry, arguing that FTX and Three Arrows Capital (3AC) would still be in business if it weren’t for the US regulator. SEC Chairman Under Fire For Crypto Crackdown Mark Cuban recently joined two podcasts on…
Former president Donald Trump continues to bill himself as the crypto-friendly candidate in a bid to secure donations from the digital asset sector. Trevor Traina, a tech executive, tells Reuters that Trump said “he would be the crypto president” at a recent San Francisco fundraiser. Traina previously served as the US ambassador to Austria during…