Bert Foster

On Wednesday, Asian stocks continued their upward trend following a rally on Wall Street, with the Nasdaq composite index hitting a new record high. However, a recent report revealed that prices at the wholesale level in the US have remained persistently high, causing concerns about inflation. The Producer Price Index reading for April reached…

According to industry stakeholders and experts, a U.K. election is unlikely to hinder the country’s progress in regulating the crypto sector. The Conservative Party, which has been in power since 2010, has already taken several steps towards making the U.K. a crypto hub, including introducing a Markets Bill that allows for crypto regulation by…

Goldman Sachs, a leading financial institution, is preparing to offer new investment strategies to both itself and its affluent clientele, enabling them to allocate funds in the public markets of the Gulf region. This move follows recent research by Marc Nachmann, Global Head of Asset and Wealth Management at Goldman, which indicates that companies…

Based on the latest information provided, Medical Properties Trust (MPW) should not be considered a safe dividend stock in 2024. Here’s why: 1. Cutting dividends: Medical Properties Trust (MPW) cut its dividend last year due to deteriorating financial positions, indicating that the company’s financial situation is worsening. This raises concerns about the sustainability of…

The slow roll-out of the “whitelist” lending scheme, launched by Chinese authorities to provide credit to struggling real estate developers, is reflective of the deep-seated caution surrounding the country’s residential property market. Four months after the initiative was introduced, new funding is being released at a drip feed pace due to concerns over the…

Peter Thiel’s venture capital firm, Founders Fund, has invested in Polymarket, a crypto-based prediction market, despite efforts by the US Commodity Futures Trading Commission (CFTC) to restrict activity on such platforms. Founders Fund’s investment in Polymarket is the first the firm has made in a platform facilitating event-betting contracts, according to Joey Krug, a…

Due to reduced resources and learning from the conflict in Ukraine, U.S. special operations commanders are adjusting their strategies to incorporate more high-tech experts into their teams while simultaneously reducing their overall forces by approximately 5,000 troops over the next five years. This shift comes as part of a larger restructuring of special operations…

Former President Donald Trump’s upcoming visit to Minnesota, a traditionally Democratic state that he previously claimed he could win, has sparked debate among political experts. Trump will address the Minnesota GOP’s annual Lincoln Reagan fundraising dinner, where tickets cost between $500 and $100,000 for a VIP table with three photo opportunities with the former…

Based on recent comments from Federal Reserve officials and economists, it’s likely that there won’t be many, if any, interest rate cuts this year. This is due to the fact that the sharp interest rate hikes of the past two years are taking longer than expected to bring down inflation. Despite the Fed’s rate…

Based on the analysis provided by Polish Foreign Minister Radosław Sikorski, it is unlikely that Russian President Vladimir Putin will invade a NATO nation. Although Russia has used threats and intimidation tactics, such as flying strategic bombers close to U.S. borders and holding military exercises involving tactical nuclear weapons, these are meant to signal…