Dollar Soars as Fed Hikes Rates and Signals More to Come
The dollar index (DXY00) rallied to a 1.5-month high on Wednesday and finished up by +0.64%. The dollar found support…
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Labor Market
KOSPI turns higher as chips rebound, but foreign selling tells another story
The KOSPI edged higher on Wednesday as gains in Samsung Electronics and SK Hynix helped South Korean shares stabilise after…
80 Years of History Warn What a September Rate Hike Could Mean for Stocks
Key Points Schwab research on Fed rate hikes since 1946 shows that faster-paced rate hikes hurt stock prices more. Even…
Viral AI Doomer Tweet: Engineered Panic?
AI Fears Proliferate After Viral Social Media Post Without the artificial intelligence boom, the U.S. economy and stock market would…
Why SpaceX stock is up around 1% on Friday
SpaceX (SPCX) stock rose more than 1% on Friday to around $149 after initially slipping, extending its recovery from this…
Why Did Billionaire Israel “Izzy” Englander More Than Double His Stake in AbbVie Stock and Start a Position in SpaceX Stock?
Key Points If you’re not familiar with Israel “Izzy” Englander, you might want to be. He’s the founder of the…