Markets

The so-called software scare—also known as the SaaSpocalypse—had generated consternation across financial markets

The order calls for integration of digital assets and financial technology into ‘traditional financial services and payment systems.’

There is undoubtedly a new world order emerging now, with the U.S. dominating world energy markets. Meanwhile, China’s military influence is waning.

‘The fatal policy error going back four or five years is still a legacy that we’re dealing with,’ Fed Chair Kevin Warsh stated.

The 30-year Treasury bond yield rose above the key 5 percent level on May 15.

The odds of the Federal Reserve hiking interest rates by 25 basis points in December have more than doubled over the past week.

The 12-member cartel anticipates global oil demand will remain robust this year.

Energy and services fueled a spike in wholesale inflation.

Economist Ed Yardeni headlined this current AI-fueled rally as a surge “To Infinity and Beyond!” I agree.

With mega-IPOs—SpaceX, Anthropic, and OpenAI—possibly on the horizon, the tech-fueled concentration could intensify.

The price of the benchmark Brent crude oil climbed to $105.92 per barrel in early trading, continuing weeks of fluctuations.