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1 week ago | 
businessinsider.com | Max Adams |Christine Ji |Henry Blodget
At a time when strategists across Wall Street are dialing back their recession probabilities, Peter Berezin of BCA Research is doubling down. President Donald Trump's 90-day tariff pause was enough to ease the worries of some investors, but the chief global strategist at BCA has maintained his bearish outlook. While Berezin has lowered his recession outlook from Liberation Day levels, he still expects an economic slowdown to unfold this year.
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1 week ago | 
businessinsider.com | Max Adams |Christine Ji |Henry Blodget
Federal Reserve Chairman Jerome Powell's decision to keep rates unchanged earlier this week on Wednesday was widely expected by the market, but it was bashed by the president and his administration. In addition to Donald Trump, the critics of the latest Fed decision include Bill Pulte, the director of the Federal Housing Finance Agency and chairman of Fannie Mae and Freddie Mac.
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1 week ago | 
businessinsider.com | Max Adams |Christine Ji |Henry Blodget
Wall Street has shunned China's stock market for its volatility amid the country's economic issues. A trade war, tough regulations, and geopolitical tensions have made it difficult for investors to navigate, but as tensions ease and AI technology continues to advance, investors are starting to warm up to China again.
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1 week ago | 
businessinsider.com | Max Adams |Christine Ji |Henry Blodget
Wednesday marked a fresh milestone for the cryptocurrency industry, with the Senate passing the GENIUS Act to create a federal regulatory framework for stablecoins. Passing in a 63-30 vote, the GENIUS Act, short for Guiding and Establishing National Innovation for US Stablecoins, will create new guidelines for the issuance and usage of stablecoins.
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1 week ago | 
businessinsider.com | Max Adams |Christine Ji |Henry Blodget
2025-06-17T19:20:42Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Bank of America sees additional AI investing opportunities in small and mid-cap stocks.
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1 week ago | 
businessinsider.com | Max Adams |Christine Ji |Henry Blodget
Foreign buyers of US Treasurys have been shedding their holdings, raising the possibility of more future turbulence for US government bonds, Bank of America titled said. In a report on Monday titled "Foreign UST Demand Shows Cracks," the bank said that foreign investors, often central banks, are purchasing fewer Treasurys. Megan Swiber, rates strategist at Bank of America, wrote on Monday that US dollar asset holdings have declined over $60 billion since the beginning of April.
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1 week ago | 
businessinsider.com | Max Adams |Christine Ji |Henry Blodget
Markets see the result of Wednesday's Federal Reserve meeting as largely a foregone conclusion, predicting a more than 99% chance that the central bank will keep rates steady, but some fear the central bank is going to wait too long to make its move. Relatively subdued inflation prints in recent months are giving the Fed reason to be optimistic, but inflation hasn't fallen quite enough for it to cut borrowing costs as officials await more data that could impact prices.
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1 week ago | 
businessinsider.es | Christine Ji |Ramón Armero
Esta es la razón por la que cada vez más empresas de bajo crecimiento compran Bitcoin, impulsando así la demanda de criptomonedas y siguiendo el ejemplo de Strategy. Según Bernstein, el Bitcoin se ha convertido en un activo imprescindible para algunas de estas compañías. El auge del Bitcoin está llamando la atención de cada vez más empresas, que siguen el ejemplo de Strategy y acumulan criptomonedas en sus respectivos fondos corporativos.
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1 week ago | 
businessinsider.com | Joe Ciolli |Christine Ji |Henry Blodget
Back in December of 2024, I decided to hop aboard the bitcoin train and add some crypto exposure to my portfolio. Markets were flush off of the recent Trump victory, there were whispers of a national bitcoin reserve, and bitcoin had recently broken the $100,000 threshold for the first time. The cryptocurrency had gone mainstream enough for late adopters like myself to deem it investable. For my first foray into bitcoin, I purchased a share of Blackrock's iShares Bitcoin Trust Trust (IBIT).
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2 weeks ago | 
businessinsider.com | Max Adams |Christine Ji |Henry Blodget
In January, 35-year-old Corey Forsythe stopped making automatic monthly contributions to his retirement account. After eight years of saving and investing, he said he hit $1.125 million across his investments in index funds, stocks, and a 401(k) retirement account. By his calculation, it was enough to fund $120,000 a year in retirement starting at age 60.
