Will Smith

The ancient vice Chairman of Berkshire Hathaway, Charlie Munger is also known as the right hand of Warren Buffet being a straightforward person who has no regrets in saying that he hates crypto currency. The 98-year-old investing icon at the annual meeting for Los Angeles-based newspaper company Daily Journal Corporation while speaking at a question …

According to Charlie Munger, Crypto is like a ‘venereal disease’ and should be banned Read More »

Expectations For Fed Rate Hikes in March Following hotter-than-expected inflation data increased pressure on the Federal Reserve to adopt a harder stance against soaring prices, major investment banks have drawn in a robust run of interest rate hikes for 2022. Consumer prices in the United States rose at their quickest rate since the early 1980s, …

Global Banks Expectations For Fed Rate Hikes In 2022 Read More »

Analysts at Goldman Sachs Group Inc. reportedly anticipate the Federal Reserve to lift interest levels seven times this year to combat rising U.S. inflation, up from five hikes previously expected. The shift in opinion follows the release of the January consumer price index report, which showed a 7.5 percent annual increase, the most since 1982. …

Goldman Sachs Forecasts Fed To Raise Interest Rates and Groceries to Become More Expensive In 2022 Read More »

A representative for SoftBank Group Corp said on Wednesday that Alibaba’s recent registration of new American Depository Shares is unrelated to any specific potential deal. SoftBank said that the registration of the ADR conversion mechanism (F6 filing, which was filed by Alibaba) is not related to any specific future transaction by SBG. Alibaba, the e-commerce …

New Alibaba ADS Registration Is Unrelated To Possible Acquisition, According To Softbank Read More »

Oil prices dipped on Tuesday as informal talks between the United States and Iran restarted, possibly restarting a nuclear deal that would see restrictions on Iranian oil shipments lifted, bolstering global supplies. Brent crude was trading at $92.55 a barrel at 03:47 GMT, down 40 cents, or 0.15 percent, after touching a seven-year high of …

Oil Prices Fall From Seven-Year Highs Forward With US-Iran Talks Read More »