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Nalezeno "Forecast": 468

Economist Editorial Claims 2024 Recession Is Inevitable—Is America Ready?


A U.S. recession in 2024 appears to be on the horizon, according to a recent editorial piece by the Economist. The article surfaces as warnings of an economic downturn grow louder, with the author asserting that “there is no escaping the squeeze ahead for America’s economy.” Economist Article...

Macroeconomics Expert Predicts Hard Landing for US Economy


Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S. economy. In an interview with Michelle Makori of Kitco News, Gammon pointed to several warning signs in the banking sector and the broader financial landscape. Banks...

Bitcoin Forecast: Next Week Move as BTC Holds Above $67K


The second week of July gave Bitcoin holders a minor scare in the second week of July when BTC slipped under the $55,000 level. But with the selling pressure finally giving way, the bullish rally looks like it is here to stay. The crypto market has deviated from its historic negative sentiment...

Ethereum Rallies Above $3.4K; July Week-3 Price Forecast


In the past few days, Ethereum (ETH) has exhibited solid bullish momentum, with its price stabilizing above the $3,400 mark amid talks of a potential approval of spot Ether ETFs. Essentially, the United States Securities and Exchange Commission is reported to have issued a ‘preliminary...

UBS Executive Highlights AI’s Impact on Banking


UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees...

Bank of America Forecasts Gold Reaching $3,000 in the Next 18 Months


Earlier this week, Bank of America analysts revealed that gold might reach $3,000 in the next 18 months, pushed by central bank demand and a Federal Reserve dovish turn. “Achieving this would require non-commercial demand to pick up from current levels, which in turn needs a Fed rate cut...

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