Cointelegraph Macro Markets 🎥Ep17: Marcel Pechman explains how Argentina’s 150% inflation is actually helping the altcoin market by luring more investors.
On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation, which proves that people continue to work and consume even if their local currency loses its value.
You might think that those investors would quickly learn their lesson, but in reality, quite the opposite occurs. All it takes is a new marketing strategy — a new way of promising free money — just like the Argentines have a tendency to forget the mess the governments have caused over the course of 10 years.
The show’s next segment covers the topic most loved by economists: the inverted yield curve. This event happens when shorter-dated Treasurys have higher returns than longer-term ones, suggesting the United States Federal Reserve will hurt the economy.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASIA Yellen in ChinaA look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
Read more »
Hochul pumps brakes on legal weed sales at New York farmers’ markets“I don’t know why they would say they would do something — and never do it. It would be a way for licensed operators to get out from under the slow roll out,” Jason Tantalo,…
Read more »
Asia markets set to fall after Fed minutes point to more rate hikes to comeU.S. Federal Reserve officials said that a brief pause in its tightening cycle would give the committee time to assess the impacts of the hikes.
Read more »
WTI Price Analysis: Oil buyers run out of steam near $72.00 as markets brace for dataWTI Price Analysis: Oil buyers run out of steam near $72.00 as markets brace for data – by anilpanchal7 Oil WTI RiskAversion Commodities Macroeconomics
Read more »
Morning Bid: Fed hawks, China tensions keep markets under pressureA look at the day ahead in European and global markets from Kevin Buckland
Read more »
European markets expected to open slightly lower as global economies dragEuropean equity markets are expected to open slightly lower Thursday as traders digest sluggish economic growth.
Read more »