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ISM Services PMI Beats Forecast; S&P 500 Rises as Fed Remains Cautious
... April: activity, new orders, and employment improved, but a spike in prices highlights persistent inflation risks. How will the markets react, and what will the Fed do?
ISM Services PMI Beats Forecast; S&P 500 Rises as Fed Remains Cautious
The US non-manufacturing ... ... April, as the latest ISM Services PMI came in stronger than anticipated. The index, which measures business activity in the American services sector, rose to 51.6 – surpassing the consensus forecast of 50.2 and edging above March’s 50.8. Any reading ...
The Future of the Dollar and the Prospect of a BRICS Currency: Insights from Putin’s Statements
..., evolving U.S. policies are driving nations to consider alternatives. In this article, I, Sergey Tereshkin, CEO of Open Oil Market, delve into the implications of Putin’s statements and explore what these shifts could mean for international finance,... ... has no intention of abandoning the dollar, noting that U.S. policies and sanctions are inadvertently undermining trust in the American currency. He also mentioned that while there have been discussions about a BRICS currency, it remains a long-term possibility ...
Mental Models and Investing
... real place at a specific moment. Similarly, there is no perfect "map" for investing. Each investment philosophy is simply a map.
It is essential that your philosophy aligns not only with your individual preferences but also with the current market situation. As your understanding of investing deepens, your map will improve.
"Fooled by Randomness"
The idea's author, American writer, Ph.D., former trader, and risk manager of Lebanese descent Nassim Taleb, believes that most events occurring in the world are the result of random occurrences.
We become "fooled by randomness" when we mistake the random for ...
Investing in Residential Real Estate: Which Country to Choose
... Catalonia, which is occasionally affected by unrest. Investors particularly favor resort areas as well as the capital. Interestingly, the crisis has affected only certain parts of Catalonia, with Barcelona still able to offer profitability.
USA. The American real estate market is currently experiencing challenging times. However, cities like Washington, New York, Los Angeles, and Miami remain unaffected. These locales are popular among business professionals, artists, and numerous tourists, allowing property prices to ...
Top 10 Cryptocurrencies as of April 2025: Overview of Best and Promising Cryptocurrencies
.... The XRP cryptocurrency experienced fantastic growth at the end of 2017 and early 2018, briefly holding the second place by market capitalization, only behind Bitcoin. Since then, its position has weakened somewhat, partly due to legal proceedings. The ... ... sold as an unregistered security. This process has dragged on for several years, resulting in XRP being delisted from several American exchanges and uncertainty surrounding the coin's future. By 2025, the situation had clarified: the court defined XRP's ...