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Nobel Prize Winner Predicts Bitcoin's Value Will Plummet To Zero In Next 10 Years—'Father Of Modern Finance' Says Crypto Antithesis Of Monetary Theory
Sunday, February 2, 2025 - 11:49pm | 607Read More...Nobel Prize-winning economist Eugene Fama foresaw a 100% probability that Bitcoin (CRYPTO: BTC), the world’s largest cryptocurrency, will lose all of its value within the next decade. What Happened: During an interview on the Capitalisn't podcast, the “father of modern finance”...
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Top Economist David Rosenberg Sounds Alarm As More Stocks In Red Than Green Spark Worry Over Current Rally Stability
Tuesday, February 6, 2024 - 3:45am | 742Read More...The stock market has experienced a rare occurrence, raising concerns about the sustainability of the current rally. This development has been flagged by a leading economist, who has also highlighted the potential risks associated with the overvalued tech sector. What Happened: On Friday, the S&...
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Inflation Concerns Rekindle Rate Hike Debate: What 5 Top Economists Say After July FOMC Minutes Reveal
Wednesday, August 16, 2023 - 4:53pm | 619Read More...The recently released July FOMC minutes have laid bare the growing divergence of views among Federal Reserve officials, with a majority emphasizing the presence of “significant upside risks to inflation, which could require further tightening of monetary policy.” This sentence, widely...
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Economist David Rosenberg Critiques Bill Ackman's US Treasuries Bet: 'Destined To Be As Offside...As He Was On Herbalife'
Saturday, August 12, 2023 - 2:32am | 495Read More...Billionaire investor Bill Ackman’s wager against US Treasuries is being criticized by well-known economist David Rosenberg. Rosenberg, the founder of Rosenberg Research, contradicted Ackman’s views on persistent high inflation. He suggested that declining US rents could lead to a...
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Fintech Focus For March 12, 2021
Thursday, March 11, 2021 - 10:18pm | 2259Read More...Quote To Start The Day: Life is what happens when you're busy making other plans. Source: John Lennon One Big Thing In Fintech: Financial technologies “cause turmoil when loosed” yet “perish once regulated”, a deputy governor of China’s central bank observed last...
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What UBS And Bank Of America Are Saying About China's Ongoing Devaluation
Wednesday, August 26, 2015 - 11:09am | 582Read More...The People's Bank of China on Tuesday announced it has cut the benchmark one-year lending and deposit rate by 25 basis points to 4.60 percent and 1.75 percent, respectively. This marks the fifth rate cut initiated by the PBoC since November 2014. The Chinese central bank also removed the...
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Economist Dr. Thomas Simpson Sees New Payroll Employment Between 225,000-250,000 For December
Friday, January 9, 2015 - 7:34am | 221Read More...Speaking to Benzinga, Former Federal Reserve Officer and Economist Dr. Thomas Simpson said he expects a fairly strong number for the December jobs report, somewhere between 225,000-250,000 on the payroll side. “Of interest will be revision to October and November. In recent months,...
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Economist Dr. Mikhail Melnik Expects Friday's Payroll Growth To Be Around 220,000
Thursday, January 8, 2015 - 6:07pm | 151Read More...When asked about Friday’s payroll numbers, economist Dr. Mikhail Melnik told Benzinga he expects payroll growth to be around 220,000, with private payroll rising by about 205,000. Melnik, an associate professor for Kennesaw State University, said the economic growth seems to have cooled...
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Economist On Low Oil Prices: Concern Is For A Year Or Two From Now
Wednesday, December 17, 2014 - 12:42pm | 128Read More...Economist and Peak Prosperity Co-Founder Chris Martenson told Benzinga that the concern for low oil prices should be on what happens in a year or two if OPEC doesn’t cut production. He explained that $150 billion worth of oil production projects have been pulled, in addition to shale well...
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Economist Says OPEC Not Cutting Production For 'Non-Economic, Possibly Political' Reasons
Wednesday, December 17, 2014 - 12:30pm | 178Read More...Speaking to Benzinga, Economist and Peak Prosperity Co-Founder Chris Martenson said that “below board” discussion on why Saudi Arabia and other members of OPEC don’t want to cut oil production lead to “non-economic” reasons. “Just look at the numbers,”...
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5 Economists Explain What's Happening In Japan Right Now
Friday, November 21, 2014 - 2:22pm | 799Read More...After Japan released reported worse than expected GDP numbers earlier this week, the country has technically entered into an economic recession. But what exactly is going on in Japan right now? Benzinga asked a few prominent analysts to explain: Slow Growth Economist and author of “...
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Senator McCain's Economist Warns: If you Criticize Banksters They will Prolong Recessions
Monday, November 28, 2011 - 9:11am | 3922Read More...Steven J. Davis, Senator McCain's chief economics advisor during his presidential campaign, has written a political hit piece on the man that defeated his candidate. His co-authors were Scott R. Baker and Nicholas Bloom. For the sake of brevity I will refer to the authors as “the authors” or “...
