Financial journalist and Bitcoin advisor to El Salvador’s president, Nayib Bukele, Max Keiser recently took to social media to express his concerns regarding the rapidly increasing national debt of the United States. Quoting a tweet that revealed the US national debt had skyrocketed to a new all-time high of $35.27 trillion, Keiser predicted that the
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The US dollar is expected to face increasing downward pressure in the coming months, according to analysts at UBS. This bearish outlook is driven by a combination of factors, including narrowing interest rate differentials, concerns about the growing US fiscal deficit, and shifting global monetary policies. These factors have led UBS to downgrade the US
While Citi strategists have emphasized the U.S. election as being “USD positive,” there are multiple factors at play that could affect the dollar in the coming months. Trade and tariff policies, in particular, are expected to be significant drivers of a bullish USD outlook, especially if increased tariffs, particularly targeting China, are implemented. This could
Recently, a whale or institution made a significant deposit of 2,364 Bitcoin (BTC) to Binance, totaling nearly $140 million. This sudden move has created ripples of speculation within the cryptocurrency market. Traditionally, deposits to exchanges are seen as indicators of a potential sale, while withdrawals hint at possible buying intentions. The true motives behind this
The landscape of cannabis consumption has drastically evolved over the past few years, with the emergence of luxurious dispensaries popping up on iconic streets like Fifth Avenue in New York City. What was once a taboo subject is now making its way into high-end shopping districts, appealing to a new demographic of consumers looking for
Netflix recently hit a record high in August, with shares surpassing the $700 mark and reaching an intraday record of $711.33. Despite some recent pullbacks, the stock closed at $701.35 at the end of the week, marking a 44% increase year-to-date. Analysts believe that there is even more upside potential for Netflix, especially considering the
The landscape of consumer behavior is shifting rapidly, with more Americans opting to rent rather than own various goods and services. According to a report by Intuit Credit Karma, the rental industry has seen significant growth in recent years, offering everything from power tools to designer handbags for rent. The ease of access and affordability
Goldman Sachs has identified CAE as a stock that has been unfairly punished due to struggles in its main divisions, civil aviation and defense. The investment bank believes that the stock is undervalued compared to its peers in the aerospace supply chain. Analyst Noah Poponak recommends buying the dip in shares of this Canadian training
For investors seeking to boost their income in light of potential interest rate cuts, employing covered call writing strategies on their stock portfolio could be a lucrative option. This approach, also known as call writing, entails selling call options on stocks that an investor already owns, with the anticipation that the stock will not significantly
The U.S. dollar saw a boost in value following the release of economic data that indicated a moderate increase in a key inflation measure, along with rises in personal spending and income. As a result, expectations for the Federal Reserve to implement a 25-basis point interest rate cut next month, as opposed to a more