Dollar Milkshake Theory Gives Way to the Dollar Smile Theory
The “dollar smile” theory asserts that the greenback can strengthen in both good times and bad, making it a somewhat unique asset in the global markets
The “dollar smile” theory asserts that the greenback can strengthen in both good times and bad, making it a somewhat unique asset in the global markets
OpenAI is expected to conduct a tender offer, which would bump the company’s valuation from roughly $30 billion to somewhere between $80 and $90 billion
The Atlanta Fed GDPNow tracker projects that the U.S. economy will grow at a rate of 5% in 2023, but a recession is still expected to develop at some point in H1 2024
Sales of unmanned aerial vehicles (UAVs) have spiked in recent years due to the increased utilization of drones in the Russo-Ukrainian war
Tire manufacturers continue to benefit from shortages in the global rubber market, a situation which has pushed both rubber and tire prices higher in 2023
Farmers in the U.S. grew roughly 2,800 metric tons of cannabis in 2022, making this commodity the country’s sixth most valuable cash crop by total annual production
Personalized nutrition refers to a tailored approach to eating that is anchored on an analysis of one’s genetics and health condition, and it has the potential to help improve the lives of people battling chronic diseases.
Estimates suggest that the total options trading volume in 2023 will likely set a new record, and could climb as high as 11.4b contracts this year, which would represent a 14% pop from 2022.
The NFL is the most popular sports league in the United States, which means the annual kick-off of the new season typically triggers a surge in sports betting activity at PENN, DKNG
Orange juice futures have surged by about 80% so far in 2023, as disease and hurricanes have devastated harvests in Florida