An economic recession could finally be brewing worldwide, as suggested by over 100,000 layoffs in 2024. January’s year-over-year (YoY) inflation rate exceeded expectations at 3.1%, as reported on February 13, worsening the scenario.Interestingly, the data on layoffs diverges from a seemingly strong labor market, according to data from the United States government. Meanwhile, the YoY Consumer Price Index (CPI) leaves investors skeptical about a possible improvement in the near future.On February 2, the Nonfa ...

NEW YORK--(BUSINESS WIRE)--BlackRock is enabling Voting Choice for more than three million U.S. retail shareholder accounts1 invested in iShares Core S&P 500 ETF (IVV) - representing about $200 billion1 of the fund’s $399 billion2 in assets under management (AUM). Two years on from the launch of Voting Choice for institutional clients, the program is now available to individual investors for the first time, increasing eligible Voting Choice assets to $2.6 trillion, or half of BlackRock’s index equity assets ...

The cryptocurrency market had a solid 2023 and the rally gathered further momentum in December, which led to a great beginning this year. On Jan 10, the crypto space witnessed a historic event as the U.S. Securities and Exchange Commission (SEC), in a major reform, approved the creation of 11 spot Bitcoin (BTC) exchange-traded funds (ETFs).The decision was widely expected and largely responsible for the December Bitcoin rally. Following the approval, Bitcoin prices soared further, rallying past $47,000. How ...

贝莱德驻东京的首席投资策略师表示，当日本央行结束负利率、美联储降息时，金融市场的波动风险可能会超出许多人的预想。“我对价格单边大涨大跌或过度波动保持警惕，” Yuichi Chiguchi说。他认为日本央行3月会议存在调整政策的风险。他在2月7日接受采访时表示，从外汇到股票再到国债在内的所有资产类别，波动率都可能上升。他还警惕今年美国降息的影响，并且提到很难预测降息时点。他表示，预测服务价格对美国通胀和美联储政策前景的影响具有挑战性，补充说降息可能会推迟到6月之后。 本文源自金融界AI电报 ...

Pardon the pun, but I’m going to “coin” a Bitcoin (BTC-USD) phrase right now. Since the “buy the rumor” and “sell the news” phases have already passed, it’s time for what I would call “buy the hangover.” In other words, my BTC-USD stock forecast calls for significantly higher prices now that the market is fearful about Bitcoin again.Of course, the “buy the rumor” phase occurred when traders started hinting that the Securities and Exchange Commission (SEC) was getting ready to approve one or more spot Bitcoi ...

The scale of the dividend cut on the way from Blackrock World Mining Trust (LSE:BRWM) may surprise investors, according to analysts at Stifel, who said the dividend yield will remain relatively high. In its normal course, the mining sector is volatile, the analysts noted, with BRWM's net asset value total return rising over 17% in 2022 before falling 6.2% in 2023. "The dividends paid by mining companies are variable and this impacts the dividend paid by BRWM," wrote analyst Iain Scouller in a note to client ...

BlackRock (BLK) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earnings pi ...

With the launch of the new spot Bitcoin (BTC 0.00%) ETFs in January, there's now growing debate about just how much Bitcoin is prudent to hold in a well-diversified portfolio. Until this year, the consensus view had been that Bitcoin should account for only a tiny portion of your overall portfolio. As a general rule of thumb, 1% was the norm, and any percentage over 5% was considered ultra-aggressive.However, according to Cathie Wood of Ark Invest, the optimal Bitcoin portfolio allocation might actually be ...

The cryptocurrency market started 2024 on a high after a solid rally in 2023. A historic step in the crypto space was taken on Jan 10 when the U.S. Securities and Exchange Commission (SEC) gave approval to 11 spot Bitcoin (BTC) exchange-traded funds (ETFs).The decision is expected to change the entire ballgame as it will now allow retail investors, money managers and other financial institutions to trade Bitcoin without actually owning it.The SEC’s announcement saw Bitcoin, the world’s largest cryptocurrenc ...

NEW YORK, NEW YORK - JANUARY 11: Samara Cohen, Chief Investment Officer of ETF and Index Investments ... [+] at Blackrock, rings the opening bell as Bitcoin Spot ETF's are launched on the Nasdaq Exchange on January 11, 2024 in New York City. (Photo by Stephanie Keith/Getty Images)Getty ImagesBlackRock’s stock (NYSE: BLK) has gained roughly 11% since the beginning of 2023, as compared to the 27% rise in the S&P500 index over the same period. Further, at its current price of $789 per share, the stock is tradi ...