The Fed is the only thing standing between investors and a full-blown stock bubble, UBS says
The Fed would need to lower interest rates by another 100 basis points for the final ingredient of a bubble to be added to the mix, UBS says.
The Fed would need to lower interest rates by another 100 basis points for the final ingredient of a bubble to be added to the mix, UBS says.
The expected pickup could prod the Bank of Japan, which decided to keep interest rates unchanged at 0.25% on Thursday, to raise borrowing costs in the new year. The core consumer price index (CPI) in Tokyo, a leading indicator of nationwide price trends, was expected to have sped up to 2.5% year-on-year in December from 2.2% in November, the median forecast of 17 economists showed. "With the end of the subsidies for electricity and city gas provided by the government, energy prices are expected to rise, pushing up the core CPI significantly," said analysts at SMBC Nikko Securities.
Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses.
Hyperliquid, a decentralized layer-1 blockchain specializing in trading, is set to list Solv Protocol’s native token, SOLV.
MARA and Hut 8, two major publicly traded Bitcoin mining firms, announced significant Bitcoin acquisitions on Dec. 19, 2024.
"This is not the time to take a lot of excess exposure risk on FX, as it may prove to be the dominant story of 2025," KKR said.
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This is what could happen next to Amazon shares.
Wednesday’s steep selloff in the stock market triggered a sudden spike in Wall Street’s “fear gauge,” posing a buying opportunity for investors and may spark a strong year-end stretch for stocks, according to market analysts.
Fed fund futures show the market believes the chance that the Fed won't cut interest rates at all next year have climbed after Wednesday's meeting.