Barron's reports that the Federal Reserve has signaled that it is in no hurry to cut interest rates further as inflation continues to rise. Investors will look to the Fed's meeting notes for clues as to how long interest rates can remain at current levels. President Trump's new fiscal policies, namely deregulation, tax cuts, and potential stimulus measures, could boost economic growth, further reducing the need for continued rate cuts. In addition, tariffs and immigration policies could both exa...
On July 26, Barron's Weekly reported that everything Trump did around the Bitcoin 2024 conference was to obtain campaign contributions. According to the article, some bitcoin investors believe that Trump will make a major statement at this conference, such as supporting the US government's purchase of bitcoin as a strategic reserve asset similar to foreign currency or oil. But the move requires a legislative process, which means it is almost impossible to achieve anytime soon. While Trump agrees...