Michael Stern, Author at bwcevent.com

About: Michael

Michael Stern is a calculated risk taker with deep technical insight into digital currency and the development of strategic strategies.

Articles by Michael Stern

Dow Drops 500 Points, S&P 500 Sees 4-day Losing Streak

Monday saw stocks fall as fears over the possible worsening of the current COVID-19 virus. The market also reacted to the uncertainty of a future fiscal stimulus. The Dow Jones Industrial Average fell by 1.8 percent to close 509.72 points lower at 27, 147.70. The S&P 500 did not fare any better. It lost 1.2% […]

23 Sep 2020
Is There Any Chance of the U.S. Dollar Collapsing?

To encourage lending and investment, the U.S. Central Bank began buying long-term securities from the open market. The immediate impact is a lowering of interest rates and adds new money into a beleaguered economy. As a result of quantitative easing, many worried investors began asking, “Will this move lead to a dollar collapse?” On the […]

17 Sep 2020
Wall Street is Flashing Warning Signs

There have been signs lately that the dramatic rise in the stock market is unsustainable. With investors driving the market value of Tesla up to the point where it exceeds that of JPMorgan Chase and Citigroup combined, and the $2 trillion market cap of Apple surpassing that of 2,000 companies making up the small-cap Russell […]

14 Sep 2020
What Trends Will Define Cryptocurrency for What’s Left of 2020?

The world of cryptocurrency is fast-moving. Things change overnight. There is a continuous introduction of new technology, key players in the market come and go, and trends shift faster than in other industries. The crypto market is fast and, at times, chaotic. However, be that as it may, many new and exciting developments are coming […]

The USD Is Weak, but Its Demise Is Being Greatly Exaggerated

During March, the value of the USD reached a three-and-a-half-year high against the world’s other most tradeable currencies. Traders flocked in droves to the safety of the dollar due to the devastating effects of the coronavirus pandemic. However, as a direct result of the slow response to the virus, the US’s economic recovery is being […]