Mad Times FinancialYour World...Your Money...Your NewsJuly 2021

Bitcoin Price Regains Strength Above $41K, Crypto Market Cap Jumps 6% in 24 Hours

July 31, 2021 RickMad Comments Off

Bitcoin.com: Crypto assets have climbed in value during the last 24 hours as the price of bitcoin tapped a high on Friday, reaching $42,411 per unit at 8:00 p.m. (EDT). The entire market capitalization of […]

Cash Flood Drives Use of Fed Reverse Repo to Record $1 Trillion

July 30, 2021 RickMad Comments Off

Bloomberg: An overabundance of cash in U.S. interest-rate markets has for the first time ever pushed the amount that investors are parking at a major central bank facility to more than $1 trillion. Eighty-six participants […]

Corona Virus Relief Programs Begin Expiring for Millions of Americans

July 30, 2021 RickMad Comments Off

FoxBusiness: The massive – but temporary – social safety net that Congress put in place to financially support millions of Americans reeling from the coronavirus pandemic is unraveling. Over the course of a year, Congress approved […]

Housing Market

2021 National Housing Market Forecast and Predictions: Back to Normal

Realtor.com: To say 2020 was a year of surprises is an extreme understatement. What started off as a bright year for the housing market and the economy was soon derailed [...]
Stock Market

U.S. Stock Futures, Overseas Markets Rise

WSJ.com: U.S. stock futures and major overseas markets rose Monday in quiet trading, with American stock and bond markets closed for Labor Day. Advertisements Advertisements Futures on the S&P 500 [...]
Business

11 Predictions For 2023—From Yahoo Finance Readers

YahooFinance.com: How good is your intuition? We’ll know in 12 months or so, when we assess the accuracy of predictions that more than 6,000 Yahoo Finance readers made for 2023. [...]
Investing

BofA “Sell” Signal Triggered Any Moment… The Last Time This Happened Was June 2007

ZeroHedge: Back in mid-December, when stocks were melting up furiously daily amid unprecedented retail euphoria, which would only get crazier and crazier until eventually it forced Citi to use a bigger chart two [...]
Inflation

Inflation Eased in August, Though Prices Stayed High

WSJ.com: Inflation cooled slightly in August but remained strong, as a surge in Covid-19 infections slowed economic growth and pandemic-related shortages of labor and supplies continued to drive up prices. Advertisements Advertisements [...]
Investing

2 Incredible AI Stocks to Buy as the Market Cools Down in 2023

Fool.com: These two high-quality AI stocks with cutting-edge technologies can drive high returns for long-term investors. While the artificial intelligence (AI)-driven market rally seems to be cooling down a bit, hardly anyone [...]