Fiscal Fears Fuel Flight to Bitcoin, Gold as Major Currencies Falter

Mounting fiscal uncertainty in major economies is accelerating a shift into Bitcoin, gold, and silver, as investors brace for further currency debasement.Key Takeaways:Investors are moving into Bitcoin, gold, and silver as fears of currency debasement rise in major economies.Japan’s yen dropped 1.6% after pro-stimulus politician Sanae Takaichi led the PM race, adding pressure to global fiat currencies.Bitcoin’s surge past $125K and gold’s fresh highs reflect growing demand for hard assets.The so-called “debasement trade” has gained traction amid rising national debts and political instability,…

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The S&P 500 Just Did Something for the First Time Since 2010. History Says the Stock Market Will Do This Next.

The S&P 500 soared 3.5% in September, the first time its return has exceeded 3% during the month since 2010.September is usually the worst month for U.S. stocks, but the fourth quarter is typically the strongest quarter.Following a positive return in September, the S&P 500 has gained an average of 12% during the following year.10 stocks we like better than S&P 500 Index ›The S&P 500 (SNPINDEX: ^GSPC) advanced 3.5% last month, notching its best September since 2010. That was particularly surprising not only because September is usually the worst month for the U.S. stock market -- the S&P 500 fe…

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Trump says the U.S. can grow its way out of $37 trillion in debt. Ray Dalio’s debt-cycle research says not so fast

President Donald Trump’s assertion that U.S. growth can tame debt echoes what Ray Dalio has called the most dangerous phase of a debt cycle: when leaders mistake prosperity for immunity. In an interview with One America News on Thursday, Trump pointed to his “Big, Beautiful Bill” that locks in and expands tax cuts from his first term while adding new deductions on tips, overtime pay, and Social Security income for seniors. Combined with his latest round of tariffs, Trump argued, the package will deliver both “record growth” and an unprecedented fiscal windfall.“We are becoming a country that i…

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Renault plans to cut 3,000 jobs in support functions, French newsletter reports

PARIS (Reuters) -French carmaker Renault plans to cut 3,000 jobs through a voluntary redundancy offer for staff in support functions, French newsletter L'Informe reported on Saturday.Under a cost savings plan dubbed "Arrow", Renault wants to cut staff numbers in support services such as human resources, finance and marketing by 15%, which is expected to lead to about 3,000 job cuts at the carmaker's headquarters in the Paris suburb of Boulogne-Billancourt and other locations worldwide.The newsletter quoted a source familiar with the matter as saying that a final decision should be made by the …

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Stock-Split Watch: Is Palantir Next?

Palantir is one of the hottest companies in the red-hot artificial intelligence sector.The stock has been on an unbelievable run.Companies may use stock splits after a stock has experienced strong appreciation.10 stocks we like better than Palantir Technologies ›The artificial intelligence (AI) data analytics company Palantir (NASDAQ: PLTR) has been the stock to own in recent years. As of October 1, it's up nearly 140% this year and more than 1,850% over the past five years, making it one of the largest beneficiaries of the artificial intelligence boom .Companies can use stock splits to artifi…

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Japan's Nikkei seen hitting new highs as yen, bonds sputter on Takaichi victory

By Rocky SwiftTOKYO (Reuters) -Japanese shares are expected to keep setting records even as the nation's currency and bonds sputter after fiscal dove Sanae Takaichi was elected on Saturday to lead the ruling party and likely become prime minister.Takaichi, 64, was considered to have the most expansionist fiscal and monetary agenda among five candidates in the Liberal Democratic Party race to replace hawkish Prime Minister Shigeru Ishiba.In the lead-up to the LDP race, a "Takaichi trade" emerged - long on stocks and bearish on Japanese government bonds, particularly longer maturities - position…

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