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Major stories developing on the global economic front, including:
Catch the latest market and finance updates in this episode of FinWeekly. In this episode, President Biden avoids a shutdown with a temporary spending bill, allowing for a two-month negotiation window. Meanwhile, the Stock Market experiences a Nasdaq 100 peak driven by a robust tech surge. Also, we explore the potential impact of tokenizing stocks and funds using blockchain technology in finance. And in Europe, the European Central Bank hints at a stable 4% interest rate. Meanwhile, globally, rising interest rates reshape the housing market, signaling a shift away from real estate as a guaranteed wealth generator. And last but not least, we unpack the unexpected economic shift anticipated for this Black Friday, as wealthier Americans cut back on spending, and further challenge a consumer-dependent economy. Read our expert insights now!
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