Category: Liquidity

April 13, 2021

Bitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed as high as $63,236, according to data from Coin Metrics, […]

March 29, 2021

The Federal Reserve is not keeping monetary policy easy so the government can continue running up debts and deficits, Fed Governor Christopher Waller said Monday. Defending the Fed’s independence from the fiscal authorities in Congress, Waller rejected notions that the […]

March 22, 2021

Federal Reserve Chair Jerome Powell said Monday that, while the central bank is still exploring the potential for a central bank digital currency, cryptocurrencies like bitcoin can’t serve as an effective replacement to the US dollar. Bitcoin has enjoyed new […]

March 19, 2021

It took the SPAC market just three months to outdo its record-breaking 2020, but sustaining that level of jaw-dropping growth will be no easy task. The funds raised via U.S. special purpose acquisition companies have totaled $87.9 billion so far […]

March 1, 2021

Rising bond yields that shook investors the last couple weeks are well short of anything that poses a broader threat to the market, according to Goldman Sachs strategists. Longer-duration government bond yields have hit levels last seen before the Covid-19 […]

February 26, 2021

Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility as Wall Street digests rising bond yields. “You have to be very careful. There is a fine line. If the […]

February 25, 2021

More and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in the art market. The Fine Art Group, an art advisory […]

February 9, 2021

Bitcoin hit a fresh record Tuesday, surging above $48,000 for the first time following Tesla’s (TSLA) – Get Report disclosure that it has made a $1.5 billion investment in the world’s largest cryptocurrency. Bitcoin traded as high as $48,226, according […]

January 27, 2021

The Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic. The Fed said in a statement after its latest policy meeting that […]

January 25, 2021

Bitcoin’s price rose on Monday after a brutal sell-off that saw the virtual currency briefly dip below $30,000. Meanwhile, ether — the world’s second-biggest cryptocurrency — hit a fresh record high. Bitcoin rose more than 7.4% in the last 24 […]