Despite a macroeconomic environment that seemed poised to challenge it, gold has experienced a remarkable surge in 2024, baffling many as it defies traditional market expectations. Generally, higher interest rates boost yields on bonds and savings, making these more attractive compared to non-yield-bearing assets...
Billionaire investor Ray Dalio is turning to gold as a strategic hedge against the twin threats of surging inflation and a looming debt crisis. In a recent LinkedIn post, the former CEO of Bridgewater Associates highlighted the alarming rise in global debt levels, including...
Tesla's fate and its identity as more than just a meme stock hang in the balance as shareholders vote on CEO Elon Musk's colossal $47 billion compensation package. The outcome of this vote could determine whether Musk stays or goes, potentially reshaping the company's...
Tesla, the electric vehicle giant led by Elon Musk, faces a critical moment as it heads into its first-quarter earnings call next Tuesday. After a tumultuous few months marked by disappointing delivery figures and significant layoffs, investors are eager for clarity and reassurance. According...
2024 is shaping up to be a golden year for commodities, with everything from copper to cocoa experiencing significant price gains. As the S&P GSCI commodity index surges by 12.8%, outperforming the S&P 500’s 7% rise, traders and investors are capitalizing on a market...
Wall Street's once-optimistic scenario for interest rate cuts has taken a significant hit following the latest inflation data. The possibility of the Federal Reserve lowering rates, a comforting thought for many investors, now seems a more distant reality. Prior to the March Consumer Price...