Bitcoin’s Third Halving May Be Less Dramatic Than First Expected

Author: Michael Stern

The run-up to Bitcoin’s third halving generated considerable hype before the event. Now that the day has arrived, it may turn out to be considerably more sedate than the buildup would have suggested. This is especially true after the price retreat of the last few days. The retreat seen over the days leading up to […]

12 May 2020
Why the Dow is Shrugging off the Worst Ever Unemployment Numbers

Author: Maria Andretti

Just minutes before the opening bell on Friday, news of the worst unemployment numbers since the Depression Era, flashed across the screens. The stock market bulls took the news in stride; they did not so much as blink an eye. Unemployment is up by 14.7 percent. The Dow Jones Industrial Average is up as well. […]

11 May 2020
Wall Street Reacts Positively to Good News

Author: Jeffrey Taylor

Shares in healthcare companies rallied, and Brent crude recently broke through the $30 mark for the first time since the middle of April. The S&P 500 rose by 0.9 percent, and the Nasdaq Composite was up 1.1 percent. The healthcare sector performance was boosted after Pfizer announced the commencement of human testing for a potential […]

7 May 2020
Gold Prices Are Heading Towards Record Highs

Author: Jeffrey Taylor

When measured in U.S. dollars, the price of gold is rapidly approaching its all-time high. According to recent research reports, gold prices will do the same when measured against other major currencies. In recent years, gold has performed well. Year on year, the yellow metal is up by 35 percent while the S&P 500 and […]

6 May 2020
Former Goldman Manager Sees a Dismal Future for Stocks

It is a new week, and there are new stories. Several states are thinking of making efforts to restart their local economies, and many have already started. That little bit of good news has been overshadowed by increased negative rhetoric between the US and China and the economic costs associated with COVID-19. Warren Buffet, the […]

5 May 2020
The Economy Is Down, but the Stock Market Is Up. Why?

The economy is in dire shape. Unemployment figures are shocking. Consumer spending has dropped to all-time lows. Yet, the stock market is doing well. The Dow and the S&P 500 had their best month since 1987. These diametrically opposite facts are confusing, but there are valid reasons for them. The S&P 500 is an index […]

4 May 2020
Bitcoin, Not Banks, Will Save the Day

The global economy is in shock. Stocks, bonds, gold; they have all come under siege, with the S&P 500 predicted to plunge by at least 40 percent from the years high. Gloomy forecasts are becoming a regular component of every day, with the level of investor confidence, unemployment numbers, and coronavirus cases all tracking in […]

30 Apr 2020
Bitcoin, Could it be the Best Performing Asset in 2020?

Many people became instantly wealthy when Bitcoin debuted in 2017. Although the price of Bitcoin is down around 50 percent on last year’s high, it is up around five percent in 2020.  The crash caused by the COVID-19 virus has cryptocurrency investors scrambling to keep up with, and make sense of, what is now a […]

29 Apr 2020
The Potential Impact of the Next Bitcoin Halving

Although the precise date of the next Bitcoin halving is hard to pinpoint, it is expected to occur during the week of May 18, 2020. This halving may result in increased demand in Bitcoin, and at a higher price. Understandably, there is a great deal of conversation on crypto news websites and Twitter threads. There […]

28 Apr 2020