Tag: morgan stanley wealth management

general

Morgan Stanley Warns Bitcoin Investors to Take Profits as Market Enters “Fall Season”

TLDR Morgan Stanley strategist Denny Galindo says Bitcoin has entered the “fall” phase of its four-year cycle and investors should harvest gains before a potential downturn Bitcoin dropped below $99,000 on November 5, falling beneath its 365-day moving average, which analysts consider a technical bear market signal Crypto market-maker Wintermute reports that key liquidity sources [.] The post Morgan Stanley Warns Bitcoin Investors to Take Profits as Market Enters “Fall Season” appeared first on CoinCentral.

byadmin
general

Voter fury emerges over skyrocketing electricity bills as AI stokes demand — and fears of a stock market bubble

Voter anger over the cost of living is hurtling forward into next year’s midterm elections, when pivotal contests will be decided by communities that are home to fast-rising electric bills or fights over who’s footing the bill to power Big Tech’s energy-hungry data centers. Electricity costs were a key issue in this week’s elections for governor in New Jersey and Virginia, a data center hotspot, and in Georgia, where Democrats ousted two Republican incumbents for seats on the state’s utility regulatory commission. Meanwhile, concerns are growing over an AI bubble in stock markets. Mary Callahan Erdoes, CEO of JPMorgan’s asset and.

byadmin
Sitemap Index