Mark Garro

Wall Street witnessed a historic moment as the S&P 500 soared to its first record high close in two years, driven largely by optimism in artificial intelligence and technology sectors.  Record-Breaking S&P 500 Close The S&P 500cc, a key benchmark for U.S. stock markets, marked a notable achievement with its highest close since January 2022. … Read more

The financial world constantly buzzes with expectations and predictions. The new year has brought little relief from the noise as Wall Street’s optimism over potential interest rate cuts by the Federal Reserve has been a major topic. However, the reality presents a different picture – a delay in these anticipated cuts, could lead to pain … Read more

After a federal judge blocked Spirit Airlines $3.8 billion merger with JetBlue Airways, the airline has been propelled into a challenging phase of decision-making and strategizing for its future. Uncertain Future Spirit’s path ahead is clouded with uncertainty. The blocked merger with JetBlue leaves the airline to confront tough choices, including the search for a … Read more

Coinbase’s Chief Policy Officer discusses the SEC-approved spot Bitcoin ETFs and their impact on the crypto landscape. Coinbase Will Be Spot BTC ETF Custodian In a significant development for the cryptocurrency market, Coinbase (COIN) has emerged as the custodian for numerous spot Bitcoin ETFs recently approved by the US Securities and Exchange Commission (SEC).  Insights … Read more

Total trading volume for 11 spot Bitcoin ETFs hit $11 billion on the fourth day of trading. Rapid Growth of Bitcoin ETFs In a new development for the cryptocurrency market, the cumulative volume for 11 spot Bitcoin ETFs has surged past the $11.1 billion mark on the fourth day of their trading journey.  Notable Players … Read more

As economic headwinds like inflation and rising interest rates intensify, more Americans are gearing up to focus on their personal finances. A study by Allianz Life Insurance Company of North America reveals a growing trend among Americans to improve their financial strategies in response to these challenges. Heightened Financial Awareness The Allianz Life’s 2023 New … Read more

The annual American Economic Association meeting left leading economists treading lightly into the New Year.  A Meeting of the Minds After the annual American Economic Association meeting, top economists are left battling their short-term optimism vs. their long-term concerns.  A Look at Last Year At last year’s conference, analysts were caught up in the unanticipated … Read more