Category: Reason

The Real Reason Why Bitcoin Had Its Worst Crash in 7 Years
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The Real Reason Why Bitcoin Had Its Worst Crash in 7 Years

Bitcoin plunged by nearly 40% in the last 24 hours. The brutal stock market selloff is killing other asset classes. Bitcoin’s safe-haven and uncorrelated asset narratives have been thrown out of the window. Bitcoin has a history of heart-stopping volatility but they all pale in comparison to what happened in the last 24 hours. The…

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The Real Reason Why the Dow Jones Crash Is Far From Over
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The Real Reason Why the Dow Jones Crash Is Far From Over

Dow Jones has rallied strongly on certain days, but fierce rallies are indicative of a bear market. Widening credit spreads suggests bond markets are expecting stocks to continue heading lower. The coronavirus outbreak will cripple the U.S. economy in the coming weeks, and the markets have not priced in this scenario. The Dow Jones has…

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The Real Reason the Stock Market Is Crashing
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The Real Reason the Stock Market Is Crashing

The major U.S. indexes plunged on Monday, as wildly overpriced technology shares sold off over fears of a long-overdue recession. The technology-focused Nasdaq Composite Index declined by as much as 4.3%. Global recession risks could lead to a 20% pullback in technology stocks, according to investor Paul Meeks. As the Dow and broader stock market…

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The Real Reason The Dow Is Tanking
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The Real Reason The Dow Is Tanking

The stock market is getting pummeled today, with the major indices down about 1.5%, and the Dow Jones down 444 points. There’s a lot of talk about what’s behind the Dow Jones selloff. A lot of analysts are pointing to ongoing recession fears. The manufacturing index has cratered, and private payrolls only grew by 135,000.…

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