Investors Rejoice: BTC, ETH, and Stocks Skyrocket Following Fed Rate Hike
Bitcoin, Ethereum, and stocks appear to be on the rise following the fourth federal rate hike. Bitcoin followed the direction of other risk assets today, as is normal for it, as the Federal Reserve maintained its aggressive monetary policy. Bitcoin behaved normally in this situation. The Federal Reserve announced today that it will maintain its…
FOMO Phenomenon: How Fear of Missing Out is Devastating Investors
Financial experts think that fear of missing out (FOMO) could cause investors who aren’t very smart to lose a lot of money. FOMO is the worry that everyone else is having fun and you’re not. Josh Brown calls investors who act on their feelings “animal spirits.” Messages about “hot” investments like cryptocurrencies, joke stocks, and…
Grain Tankers Set Sail Despite Moscow’s Exit: A Bold Move in the Global Market
Ships brought grain from Ukrainian ports on Monday, which shows that Moscow didn’t put back a blockade that could have led to world hunger, even though it stopped taking part in a U.N. program to help safely export grain from the war zone. As Russia launched more air attacks, air raid sirens went off all…
