Stifel forecasts a drop in bitcoin to $38,000. You read that correctly.
The market is buzzing with predictions about how high Bitcoin might climb next. Currently priced at about $71,091.27, it seems likely that the value will continue to decline. The latest analysis comes from Stifel, a well-respected financial services firm based in St. Louis, Missouri. Stifel’s analysts project that Bitcoin could drop as low as $38,000. […]
Stifel to Divest Independent Brokerage Division to Equitable Advisors
Stifel Financial to Close Independent Brokerage Books Stifel Financial has decided to shut down its independent brokerage division after experiencing several fluctuations over the years. Four years back, in an attempt to revitalize its business, Stifel opted to separate its Stifel Independent Advisors and create an independent brokerage firm known as Equitable Advisors, according to […]
Stock market could plunge 10% as economy faces stagflation threat, Stifel warns
John Koudounis, president and CEO of Calamos Investments, said he doesn’t expect any central banks to raise interest rates and that there is still “sideline” money in the market. There may be problems in the future US Stock MarketAccording to analysts at Stifel. Stocks are headed for another sharp decline, with the S&P 500 index […]