risks

Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation – Economics Bitcoin News

Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO Cathie Wood, who cautioned that “Leading inflation indicators like gold and copper are flagging the risk of deflation.” Elon Musk, Fed Rate Hikes, and Deflation …

Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation – Economics Bitcoin News Read More »

Bitcoin risks worst August since 2015 as hodlers brace for ‘Septembear’

BItcoin (BTC) is on track to see its worst August performance since the 2015 bear market — and next month may be even worse.Data from on-chain analytics resource Coinglass shows that BTC/USD has not had an August this bad for seven years.September means average 5.9% BTC price lossesAfter two major BTC price comedowns in recent …

Bitcoin risks worst August since 2015 as hodlers brace for ‘Septembear’ Read More »

China’s economy brakes sharply in Q2, global risks darken outlook

China’s Q2 GDP shrinks from Q1, Y/Y growth slows sharplyWidespread COVID lockdowns hammer industrial activity, demandJune shows bounce in activity, but global risks darken outlookFresh COVID flare-ups, Ukraine War, global rate hikes heap pressureAnalysts expect full year GDP growth to lag govt target of 5.5%BEIJING, July 15 (Reuters) – China’s economic growth slowed sharply in …

China’s economy brakes sharply in Q2, global risks darken outlook Read More »