Ethereum slumped to below $3,000 as confidence evaporated from the cryptocurrency market Friday.
The Fed said the report wasn't intended to indicate "any imminent decisions about the appropriateness of issuing a U.S. CBDC."
"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade," Hugh Gimber told Insider.
BlackRock bond chief Rick Rieder said strong US economic growth is the key factor that will help stocks this year.
When supply chains are far from healed and the government continues to spend big, soaring wages could add to inflation pressure, he told Insider.
Dotcom-style bubble in stocks is a 'massive downside risk' that could affect almost 50% of the market if it pops, RBAdivsor's Dan Suzuki said.
The Baupost CEO underscored the value of hedging, outlined why he likes volatility, and issued a dire warning about the state of American democracy.
Bond yields have risen sharply this year so far, whacking crypto prices and speculative tech stocks. Mike Novogratz said the trend is set to continue.
Rising yields have been undermining growth stocks, such as tech, which typically suffer most from higher yields.
The Nasdaq plunged Tuesday, dragged by mega-cap tech giants as the 10-year Treasury yield rose to 1.87% — its highest level since January 2020.
The slide in tech stocks also looks set to resume Tuesday, as investors bet on aggressive Fed tightening and oil's rally spurs inflation fears.
Grantham is deeply concerned about investor euphoria, sky-high valuations, and rampant speculating on meme stocks, crypto, and other risky assets.
The Fed needs to deliver a big rate hike to "shock and awe" the market in order to restore its inflation-fighting credentials, investor Bill Ackman said.
"The mass marketing of bitcoin reminds us of the activity of stockbrokers in the run-up to the 1929 crash," Invesco's Paul Jackson said.
A deep and drawn-out crypto crash of the sort seen in 2018 is a growing possibility, analysts at investment bank UBS have warned.
The Federal Reserve is to blame for the 2008 recession, one author argues. Here's what they could do differently next time.
"My view is a pretty good chance there will be more than four," Dimon said during the bank's earnings call Friday. "It could be six or seven."