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Financeflux

Here’s Why the Fed Cut Rates by 50 Basis Points Despite Extremely Strong US Economy, According to Arthur Hayes

BitMEX co-founder Arthur Hayes believes the Federal Reserve slashed interest rates by 50 basis points to boost Kamala Harris' presidential…

September 23, 2024

‘Work, Retire, Repeat’ – Half of American Retirees Do Not Have Enough to Be Retired: Report

Fifty-percent of American retirees don't have enough money to actually retire, forcing many of them to head back to work…

September 22, 2024

Billionaire Ray Dalio Says $35,327,646,622,839 US National Debt Will Not Reverse – Here’s His Outlook

Bridgewater Associates founder Ray Dalio says America's $35.327646622839 trillion national debt will continue to grow no matter who wins the…

September 21, 2024

US Paying $1,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’

The US Treasury Department says it expects to pay a whopping $1.157762 trillion in interest on the national debt for…

September 21, 2024

Louisiana Announces That State Services Can Now Be Paid For With Crypto

The Southern Coastal US state of Louisiana is announcing that its services can now be paid for with crypto assets.…

September 19, 2024

Billionaire Peter Thiel Warns US Close to Recession, Says Economy Would Be Shaky if Not for Crazy Budget Deficit

Tech billionaire Peter Thiel says the US economy would already be in a recession if not for massive government intervention.…

September 16, 2024

JPMorgan Chase CEO Warns Worst Possible Economic Outcome Is On the Table: Report

JPMorgan Chase CEO Jamie Dimon just issued a fresh warning on the state of the US economy. At a New…

September 15, 2024

US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours: Report

The US is spending a huge amount of cash per day just to cover interest on the national debt, according…

September 15, 2024

Fundstrat’s Tom Lee Forecasts Multi-Week Market Rally, Says Investors Can Be ‘Pretty Confident’ Over Next Year

Fundstrat's Tom Lee is anticipating several weeks of good performance for the stock market following this week's Federal Open Market…

September 15, 2024

Wealth of Ultra-Rich To Shatter $9,500,000,000,000 by 2030 As Super Wealthy Accumulate Assets at ‘Meteoric Pace’: Deloitte

Big Four accounting firm Deloitte says the net worth of mega-rich families is expected to explode by trillions of dollars…

September 14, 2024