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tariq54
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Due to middle east war escalation, i am watching the war situation and further not any investment.
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tariq54
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Markets don't like uncertainty as it can lead to irrational behaviour among investors, which disrupts the normal functioning of the market.
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Explore my portfolio mix. Follow to see how I invest!
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Bitcoin Weekly Forecast: The calm before the storm
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#USNationalDebt Goldman Sachs says Trump’s spending plan won’t stop the national debt from hitting ‘unsustainable’ highs not seen since World War II The U.S. will pay $1 trillion in interest on the $36 trillion national debt next year, more than it spends on Medicare and defense. If lawmakers wait too long to address deficits, Goldman economists warn, a historic austerity push could be needed to avert disaster. President Donald Trump has claimed the GOP’s “Big, Beautiful Bill” will put the U.S. on a sustainable fiscal path. Economists at Goldman Sachs say it won’t prevent the nation’s debt from surpassing levels only seen during World War II. The spending bill passed by House Republicans, combined with increased tariff revenue, will slightly lower the budget deficit when excluding interest payments, Goldman’s Manuel Abecasis, David Mericle, and Alec Phillips acknowledged in a note Tuesday. Coupled with rising borrowing costs, they said, the bill leaves the total deficit’s course essentially unchanged. “But that path remains unsustainable: The primary deficit is much larger than usual in a strong economy, the debt-to-GDP ratio is approaching the post-[WWII] high, and much higher real interest rates have put the debt and interest expense as a share of GDP on much steeper trajectories than appeared likely last cycle,” the Goldman team wrote.
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$BTC Bitcoin price today: flat at $104k, Trump-Iran comments offer little relief. Bitcoin fell slightly on Friday, with broader crypto markets making little headway even as broader risk appetite improved after U.S. President Donald Trump postponed a decision on whether to attack Iran. The world’s largest cryptocurrency was headed for a second straight week of mild losses, as it meandered within a tight trading range established since making record highs in early-June. Crypto trading volumes were also muted on account of a U.S. market holiday on Thursday, while the sector was still reeling from hawkish comments from the Federal Reserve made earlier this week. Bitcoin heads for weekly loss; Trump to decide on Iran in ‘two weeks’ Bitcoin was trading down about 0.8% this week, and remained squarely within a $103,000 to $108,000 trading range seen through most of June. Crypto markets were little enthused by Trump stating that he will decide on whether to involve the U.S. in the Israel-Iran war within “two weeks.” Other risk-driven markets were seen advancing after the comment, with Asian stocks and currencies trading higher on Friday, while gold slid. Trump’s comment, which was relayed by the White House, helped soothe some concerns that a U.S. strike against Iran– which could mark a major escalation in the conflict– was not imminent, especially after scores of media reports said such a scenario could happen this week. But Trump’s two week deadline still left markets somewhat uncertain, given that the president has used “two weeks” as a placeholder of sorts when flagging a delay on major policy decisions or announcements.
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