The Federal Reserve faces its biggest independence crisis since the 1970s inflation disaster. For the first time in 112 years, a sitting US President has tried to fire a Fed governor, creating a legal battle that could reshape how America controls money policy. Lead broker at Servelius breaks down why this fight matters way more...
Merrill Targets $50M Clients While Goldman Eyes 401k Plans as Private Equity Demand Hits $122 Billion Annual High
Private market investments are breaking free from their exclusive club status as Merrill Lynch, Goldman Sachs, and Wells Fargo launch competing programs to bring alternative assets to broader investor bases. Robert A. Stanger reported $122 billion raised from retail investors in 2024, topping the previous $105 billion record from 2022. Bank of America Private Bank...
Retirement Gold Rush: Wall Street’s Billion-Dollar Bet on Main Street Money
Goldman Sachs dropped $1 billion for a 3.5% stake in T. Rowe Price. This partnership signals how ordinary Americans will access private equity and real estate through retirement accounts. Finance expert at Servelius notes executive orders allowing alternative investments in 401k plans created a feeding frenzy among asset managers. T. Rowe Price stock surged 9%...
Russian Gas Exports Drop 65% While Oil Finds New Asian Buyers as Western Powers Navigate Energy Security Versus Economic Pressure
Russian energy exports have changed dramatically since sanctions started, with EU natural gas imports falling from 150 billion cubic meters each year to just 52 bcm. This represents a huge drop from 45% to 19% of total imports. The upcoming US President-Russian President meeting on Friday puts energy sanctions right at the center of Ukraine...
Crude Prices Fall to Two-Week Low as EIA Build Defies Forecasts and Ukrainian Strikes Hit Russian Refineries
October WTI crude tumbled 0.77% to close at a two-week low as weekly EIA crude inventories unexpectedly built 2.4 million barrels against forecasts of a 1.9 million barrel draw. The inventory surprise comes amid growing concerns that OPEC+ production increases could create a global oil supply glut just as economic data signals weakening energy demand. ...
Bitcoin Market Outlook: Gap With Gold and Stocks Sparks Anticipation of a Rally
Bitcoin (BTC) has held critical support above $110,000 despite ongoing macroeconomic jitters and daily ETF outflows, as weekly spot ETF inflows of $250 million help stabilize the market. BTC’s performance this week has sparked debate among investors, as it continues to lag behind gold and the S&P 500, prompting speculation about whether cryptocurrency could “catch...
Token Maintains $2.88 Amid ETF-Driven Momentum Toward $3.00
XRP rallied 2.4% to $2.8783 as optimism surrounding crypto ETFs builds, with traders closely eyeing the critical $3.00 resistance level. The surge comes amid speculation that a DOGE-spot ETF launch could signal a potential shift in the SEC’s regulatory framework, sparking hopes that an XRP-spot ETF may soon gain approval. While XRP has lagged behind...
EUR/USD Alert: Bullish Momentum Ahead of ECB and US CPI Releases
The EUR/USD exchange rate has surged to a multi-week high of 1.1760, reflecting a bullish sentiment among traders in the wake of disappointing US nonfarm payrolls (NFP) data. Since hitting its lowest point earlier this year, the pair has gained approximately 15%, and it now hovers near the year-to-date high of 1.1828, signaling strong upside...
EUR/USD Alert: Bullish Momentum Ahead of ECB and US CPI Releases
The EUR/USD exchange rate has surged to a multi-week high of 1.1760, reflecting a bullish sentiment among traders in the wake of disappointing US nonfarm payrolls (NFP) data. Since hitting its lowest point earlier this year, the pair has gained approximately 15%, and it now hovers near the year-to-date high of 1.1828, signaling strong upside...
Pound/Dollar Holds near 1.3500 as Bullish Sentiment Persists
The GBP/USD currency pair continues to trade in negative territory near 1.3500 during Monday’s early European session, reflecting a modest retracement after recent gains. This mild decline is largely attributed to a rebound in the US Dollar (USD), as traders reacted to a combination of profit-taking and technical resistance levels. This well-prepared article from BluSkyMint’s...