WALL STREET WEEK: Signs of inflation is Peaking

John Graham, CPP Investments Board President & CEO and Catherine Keating, BNY Mellon Wealth Management CEO wrap up the week in the markets and discusses how to invest in an uncertain inflationary environment. Plus they talk about why there are still equity opportunities in the U.S. with David Westin on Bloomberg Television’s “Wall Street Week.”

Bitcoin current price is $42,510.00 0.41% (24hrs)

Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software.

The entire cryptocurrency market — now worth more than $300 billion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

The price of Bitcoin right now is $42,510.00. Its price is ↑ 0.41% up in the last 24 hours.
Current Price All Time High Market Cap
$42,510.00 $69,045.00 $803,853,813,233.00

Bitcoin Price Changes :

Last 24 Hours Last 7 Days Last 30 Days Last 1 Year
↑ 0.41% ↓ -0.62% ↓ -9.18% ↑ 16.16%

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About the Author: Carol Dunbar

12 Comments

  1. inflation rate 3%
    don't worry it's peaking!
    inflation rate 5%
    don't worry it's peaking!
    what!? real inflation rate 15%!
    dingdong pay consequences.

  2. Cranky Consumers Catherine? These two guests are clueless. The Fed has killed Capitalism with monthly bond purchases and are the 'creators of inflation', and will be long-term in an attempt to 'devalue national debts' by devaluing the USD. Inflation = Taxation and hurts the poor and middleclass, wealth equality and savings. Families can't buy food, heat their homes, or fill their tanks! Cranky!? The Fed is pumping the stock market, real estate prices, and commodities up with QE to inflate all asset bubbles. Young people can't afford anything, while the rich get richer. Earnings this quarter were effected by 'Stock buybacks' and are hiding 'margin squeezes' cause investors do not dig deeper into earnings numbers to know that the number of shares were reduced to make earnings appear better. If the Fed can change the plumbing of our banking system, they could get commercial banks to buy long-term bonds (increase demand for 10yr bonds by raising IOR to banks) to drive down/control yields all while allowing inflation to rise greatly over a longer timeline. Let's face it, these Trillions being spent since the start of the pandemic ($8.6 Trillion) can't be paid back, they have to be inflated away over time through devaluation of the USD. Big things are happening now to us, as the media successfully keeps Americans dumb and asking the wrong questions.

  3. This lady may have no idea what the living of ordinary people…."people don't care the prices simply because they have to buy"? Do normal people have choices when they have to buy bread, patrol, and goods for living?

  4. jack dorsey, mike burry, and many other really smart people disagree….that means next year it will be 12 percent a month instead of 6…….and will continue until things collapse

  5. that means its going to get worse…..these same people didnt see any inflation…..but now its on the down stroke….lol

  6. with bank rates at nearly zero and inflation slowing to 3-4 percent. People are going to feel like they’re a minnow swimming upstream. Bank savings from the stimulus is getting poop for saving.

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