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MicroStrategy stock is up 250% this year. Michael Saylor says bitcoin allows his firm to compete with giants like the Magnificent 7 for investors' attention.

Thu, 11/09/2023 - 15:23

MicroStrategy CEO Michael Saylor — Shares of Michael Saylor's MicroStrategy have climbed more than 240% so far in 2023.
Joe Raedle/Getty Images

Markets, mi-exclusive, michael-saylor, Microstrategy, Bitcoin, bitcoin-outlook, bitcoin-halving

Brace for a sharp inflation drop that still won't be enough to return the economy to normal, top economist Mohamed El-Erian says

Thu, 11/09/2023 - 15:01

Tech Insider : Economy

Food inflation — Core inflation is unlikely to return to the Fed's 2% target anytime soon, Mohamed El-Erian warned.
SolStock/Getty Images

economy, Markets, mi-exclusive, Inflation, inflation-drop, inflation-forecast, Recession

Bearish money manager throws in the towel and buys stocks. Here's what changed his mind on the market.

Thu, 11/09/2023 - 13:24

Detail of a golden bull breaking through the finance section of a newspaper - stock photo — Stocks to buy before earnings.
Caspar Benson/Getty Images

Markets, mi-exclusive, stock-market-outlook, stock-market-analysis, stock-market, Markets, finance

'Dr. Doom' Nouriel Roubini has said crypto is 'totally corrupt.' Now he's launching his own token.

Thu, 11/09/2023 - 13:08

Tech Insider : Crypto

nouriel roubini — Nouriel Roubini
Fred Prouser/Reuters

Markets, mi-exclusive, dr-doom-nouriel-roubini, crypto, us-dollar, Inflation, Recession

The housing market is loosening up as mortgage rates sink, but 'window of opportunity could be narrow'

Thu, 11/09/2023 - 12:47

Homebuyers signing a mortgage. — Homebuyers signing a mortgage.
Getty Images

Markets, mi-exclusive, Mortgages, housing-market, mortgage-rates, Homebuyers, housing-prices

Warren Buffett reportedly traded millions of dollars worth of stocks that Berkshire Hathaway was buying and selling

Thu, 11/09/2023 - 12:29

warren buffett — Warren Buffett sold stocks that Berkshire was also trading, a ProPublica report said Thursday.
REUTERS/Rebecca Cook

Markets, mi-exclusive, Markets, warren-buffett, ProPublica, berkshire-hathaway, Trading

Beef prices hit record high as southwestern US recovers from worst dry spell in 1,200 years

Thu, 11/09/2023 - 11:12

Hereford Cattle — Hereford Cattle
Getty Images

Markets, mi-exclusive, Drought, beef-prices, Inflation, rainfall, agricultural-commodities

CHART OF THE DAY: Inflation will hit the Fed's 2% target by April and keep falling, analyst says

Thu, 11/09/2023 - 10:37

Tech Insider : Economy

CPI forecast — ING Economics

economy, Markets, mi-exclusive, Inflation, federal-reserve

JPMorgan dismantles the bullish argument for bitcoin, calling the crypto rally overdone

Thu, 11/09/2023 - 10:29

bitcoin — KanawatTH/Getty Images

Markets, mi-exclusive, JPMorgan, Bitcoin, ETFs, bitcoin-etf, cryptocurrency

Bitcoin surges to its highest level in 2023, notching a 130% gain over the past year

Thu, 11/09/2023 - 09:42

Tech Insider : Crypto

A worker helps to put the headpiece on top of a performer in a Bitcoin (BTC) costume at Thailand Crypto Expo 2022 — Bitcoin surged to a new 2023 high Thursday, hovering near $37,000.
SOPA Images / Getty

Markets, mi-exclusive, Markets, Bitcoin, cryptocurrency, crypto, bitcoin-rally

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