Bitcoin, Dave Portnoy, Market's, Op-ed
The Winklevoss twins are going to explain bitcoin to Dave Portnoy. Is the Barstool boss ready to take the crypto…
Category: Market’s
Bitcoin, Cryptocurrency, Market's, Op-ed
Bitcoin briefly traded above $11,400 Monday, the highest in over a year. The largest cryptocurrency has made remarkable gains over…
Crypto, Market's, Stock
The stock market’s movements during the March crash could give investors a clue about what’s to come. Investors are ignoring warning signals about the economy. The pandemic is worsening in the U.S., but investors remain optimistic. As the U.S. stock market seemingly defied gravity in the face of terrible economic data and a worldwide pandemic,…
Crypto, Market's, Stock
The S&P 500 continues to climb despite a bleak economic backdrop. The Federal Reserve is the engine that powers asset inflation. Expect the S&P 500 to print a new all-time high soon. Amid record unemployment, widespread civil unrest, global pandemic, and a shrinking economy, the S&P 500 is 8% off of its all-time high. The…
Crypto, Housing, Market's
U.S. home prices extended their nine-year winning streak in April, rising 5.4% over previous-year levels. That streak is about to come to an end. CoreLogic analysts predict this key metric of housing market strength will fall 1.3% over the next 12 months. With millions of people likely to remain unemployed for months to come, house…
Crypto, Market's, Trump
Another trade war seems imminent as Trump blasted China for the coronavirus over the weekend. The president even suggested China allowed the virus to spread on purpose to sabotage the United States as revenge for the trade war. Trump’s hard-line against China has spooked the stock market. Trade war tensions are rising again four months…
Crypto, Market's, Stock
The stock market’s “fear gauge” has spiraled toward levels not seen since the financial crisis. The VIX’s behavior may be indicative of an impending crisis this time too. While banks are in a better position than they were in 2008, a fiscal meltdown isn’t out of the question amid ballooning corporate debt. The Dow Jones…
Crypto, Market's, Stock
The stock market rallied Wednesday, the second trading session this week to interrupt the frantic selloff that begin mid-February. But that doesn’t mean the selloff is over. A legendary economist and global strategist says this is exactly what happened in the 2008-09 bear market. In fact, bear markets are more prone to outlandish, one-day surges…
Crypto, Market's
Bitcoin’s price approaches $10,500 for the first time since early September. Twenty-nine of the 30 top cryptocurrencies reported gains Wednesday. The combined market cap of all coins crosses $300 billion for the first time in six months. Bitcoin and its altcoin peers extended their rally on Wednesday, pushing their collective market cap north of $300…
