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The Fed’s Next Move is Designed to Surprise You September 19, 2024 Banyan Edge, News, U.S. Economy The U.S. Federal Reserve holds tremendous power over the U.S. economy. By setting benchmark rates, it dictates the terms for interbank lending — and in turn, the borrowing costs for virtually every business and household in America. But aside from raising or lowering those rates, the Fed has very few meaningful ways to interact with the larger economy (excluding emergency measures, of course). So controlling the flow of information, controlling the perception and expectation of rate cuts, becomes one of the Fed’s most powerful tools.
Don’t Buy Trump Coin September 17, 2024 Artificial Intelligence, Banyan Edge, Investing At the annual Bitcoin Conference in July, Trump was lauded for promising to ensure America becomes “the crypto capital of the planet and bitcoin superpower of the world.” He also promised to “appoint an SEC chair who will build the future, not block the future.” That’s a direct shot at current SEC Chair Gary Gensler, who has fought crypto entrepreneurs for the entire Biden administration. Last night, Trump went a step further...
Elon’s Robotaxis Will Transform Everything September 10, 2024 Artificial Intelligence, Banyan Edge, Investing I predicted that autonomous transportation would be one of the biggest game changers of the 21st century. The robotaxi revolution is coming.
Get Ready for an “October Surprise” in Stocks… September 5, 2024 Banyan Edge, Investing, Investment Opportunities The last debate on June 27 saw a historically disastrous performance from sitting President Joe Biden, who subsequently withdrew from the race — leaving Vice President Harris with just 100 days to make her case to American voters. Here’s what you can expect during (and after) Tuesday’s debate and why it may lead to an unexpected “October Surprise” for investors…
The End of Labor Day: The “Bot-com” Revolution Is Almost Here September 3, 2024 Artificial Intelligence, Banyan Edge, Technology We all remember the Jetsons, the space-age cartoon family depicted in the classic 1960's cartoon. Well, the new crop of Humanoid robots makes Rosie the Robot look like my Roomba. These robots are intended to look like and mimic humans, which makes them a perfect fit for any workspace or home in our modern world. And recent advances in robotics and AI have spurned a whole new class of robots that could be headed for delivery in early 2025.