News

With the rate at which vaccinations are being administered, and with the flow of relief funds into the American economy, the Federal Reserve is expecting a faster and more significant rate of economic growth than originally forecast.  The official prediction in December of last year was 4.2%. However, the Reserve has revisited that prediction, forecasting […]

Cryptocurrency has split the world’s powers straight down the middle, and rightfully so. For the first time in modern history, people have a financial alternative to government-backed banks.  Crypto takes the financial monopoly away from authorities, so when those authorities make moves to ban it, it’s going to cause an uproar.  That’s exactly what’s happening […]

It’s been an interesting few weeks for Bitcoin. After Elon Musk’s series of tweets on the coin and Tesla’s investment into it, the coin shot up in value and broke $50,000, setting a new all-time high and taking many investors by surprise. Following this hike in price, many were predicting Bitcoin would recede back to […]

This last week has proven to be quite a wild ride for tech stocks of all categories, as well as the NASDAQ.  While the latter has seen its greatest jump since November of last year, tech has rebound after losing a tremendous amount of value at the beginning of 2021.  It’s difficult to say what […]

The US economy continues its upwards momentum in February as the national unemployment rate falls from 6.3% to 6.2% in February of 2021.  The total nonfarm employment in the nation surged by 379,000 jobs, according to data released by the US Bureau of Labor Statistics.  Of the 15 major industry groups, nine of them are […]

The crypto bears have been out in full force over these last two days. Following a period of remarkable support, those levels seem to have finally broken as Bitcoin plummets to below $47,000 in value. This is the first time this month that the currency has been below $50,000 and may be setting a precedent […]

Earlier this year, Tesla CEO Elon Musk tweeted about Bitcoin. Following that, Tesla also moved a portion of its reserve cash into the cryptocurrency.  Both of these actions caused an artificial inflation in the price of Bitcoin, and inflation that many had predicted would already have popped by now.  Many of the leading Bitcoin experts […]

I am quite comfortable saying that nobody in 2020 could have predicted GameStop’s stock movements this year. The company was on the decline and heading for bankruptcy, so why would anyone be betting on it? Before this year, the decrease in demand for physical games and the growing digital market destroyed GameStop’s business. The company […]

Germany, one of the leading economies in Europe, enjoyed a Q4 growth of 0.3%. This boost in GDP signals a welcome sign of recovery from the damage done to the economy by the Coronavirus pandemic. This stronger-than-predicted increase resulted from a solid construction industry and an increase in overall exports out of the country.  Given […]