Stock market today: Dow, S&P 500, Nasdaq slide as bitcoin tumbles to kick off December
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq slide as bitcoin tumbles to kick off December US stocks slid on Monday, while bitcoin's (BTC-USD) slump deepened as Wall Street's strong late-November rebound took a rockier turn to begin December…
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Stocks historically performed best when the economy is not in recession and the Fed is cutting interest rates
80% confidenceLatest economic data has underscored the favorable environment we are currently in
80% confidenceThe Nvidia-Synopsys partnership is about revolutionizing one of the most compute-intensive industries in the world
80% confidenceTrade with international partners is clouded and difficult with more supplier errors when attempting to export to the US
80% confidenceBitcoin price action suggests weak market sentiment, which has impacted digital asset equities
80% confidenceTesla is ridiculously overvalued and criticizes Musk pay package
80% confidenceChina is a bonus opportunity for Nvidia and demand is skyrocketing globally
80% confidenceA sustained bitcoin rally still appears unlikely in the near term, especially before year-end, but 2026 may present a very different setup
80% confidenceStill looking for clear signs for bitcoin to bottom out
80% confidenceConditions are more trying than during the coronavirus pandemic in terms of supply chain uncertainty
80% confidenceBusiness conditions remain soft as a result of higher costs from tariffs, the government shutdown, and increased global uncertainty
80% confidenceWhen Japanese yen carry trade unwinds, it's wise to prepare for more volatility in bitcoin
80% confidence