December 7, 2023

US Recession Conundrum: Market Bets for 2024 in Chaos

US Recession Conundrum: Market Bets for 2024 in Chaos

In the intricate landscape of global finance, the specter of a US recession looms large, throwing market predictions for 2024 into disarray. Investment banks and asset managers find themselves at odds, offering divergent forecasts on the potential economic downturn and its cascading effects on a worldwide scale. The Past Predictions: A Sharp Contrast Just a …

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Alphabet Soars for the Arrival of AI Model Gemini

Alphabet Soars for the Arrival of AI Model Gemini

In the fast-evolving landscape of artificial intelligence (AI), Alphabet, Google’s parent company, has once again captured the spotlight with the launch of its latest AI model, Gemini. Wall Street responded with enthusiasm, propelling Alphabet’s stock nearly 5% higher. This surge signifies a potential game-changer for Alphabet, positioning it to reclaim its leadership in AI innovation, …

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US SEC Set to Vote on Major Treasury Market Rule Next Week

US SEC Set to Vote on Major Treasury Market Rule Next Week

The US SEC Security and Exchange Commission (SEC) is gearing up for a crucial vote next week that could reshape the dynamics of the Treasury market. In a bid to fortify market resilience, the SEC is set to adopt a major rule, compelling increased trading of U.S. Treasuries through clearing houses. This move comes as …

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