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Category Financeflux

Billionaire Ray Dalio Says US Government Will Be Forced To Deal With Incoming ‘Debt Bomb’ – Here’s How

Billionaire Ray Dalio Says US Government Will Be Forced To Deal With Incoming ‘Debt Bomb’ – Here’s How

Bridgewater Associates founder Ray Dalio says that America is going to be forced to deal with its soaring debt problem. The billionaire tells his 1...
JPMorgan Chase Exploring Tokenizing Carbon Credits on Blockchain in New Trial: Report

JPMorgan Chase Exploring Tokenizing Carbon Credits on Blockchain in New Trial: Report

Financial services giant JPMorgan Chase is reportedly looking to tokenize carbon credits with a trio of companies for a trial run. According to a n...
S&P 500 Could Go As High as 6,600 This Year After Shrugging Off ‘Five Shocks in Five Years,’ According to Fundstrat’s Tom Lee

S&P 500 Could Go As High as 6,600 This Year After Shrugging Off ‘Five Shocks in Five Years,’ According to Fundstrat’s Tom Lee

Fundstrat’s head of research, Tom Lee, believes that the S&P 500 will march to new record levels by the end of 2025 after brushing aside multiple s...
Peter Thiel and Billionaire Consortium To Launch New Bank Serving Cryptocurrency Startups: Report

Peter Thiel and Billionaire Consortium To Launch New Bank Serving Cryptocurrency Startups: Report

PayPal co-founder Peter Thiel and a handful of other tech billionaires are reportedly launching a new bank partially dedicated to serving crypto st...
‘Elevated Inflation Era’ Underway As Treasury Secretary Bessent Rejects Idea of Issuing Long-Term Bonds: Macro Guru Jim Bianco

‘Elevated Inflation Era’ Underway As Treasury Secretary Bessent Rejects Idea of Issuing Long-Term Bonds: Macro Guru Jim Bianco

Macro strategist Jim Bianco thinks the US is in an “elevated inflation era.” In a new interview with Bloomberg, Bianco, the president of Bianco Res...