News
Author: Jeffrey Taylor
Last Updated: 18 February 2021
The stock market is still feeling the effects of Covid-19. Despite the recovery of various sectors, including retail, industry leaders are struggling to prevent stocks from plummeting. Despite record highs and retail surges, the Nasdaq still fell over 1%. This loss was primarily the result of tech stocks that have been underperforming in February. Retail […]
Author: Maria Andretti
Last Updated: 16 February 2021
The Coronavirus has ravaged the global economy since March of 2020. Every nation on the planet has been affected by the virus, but none more so than the UK. The world leader saw a record-setting contraction of 9.9% coming into 2021. This 9.9% shrinking of the economy is a figure that hasn’t been seen in […]
Author: Michael Stern
Last Updated: 13 February 2021
If you’ve been keeping yourself off the crypto-grid these last few weeks, then you picked one hell of a time to take a break. In case you haven’t noticed, Bitcoin has just going on the bull run of a lifetime, smashing through the previous all-time high and racing upwards towards $50,000. Bitcoin hitting numbers like […]
Author: Michael Stern
Last Updated: 23 September 2020
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% […]
Author: Maria Andretti
Last Updated: 22 September 2020
The decision to either buy or sell U.S. dollars is based on the economy’s performance. Investment from all corners of the world flows in, and is directed into a strong economy. Investors see the U.S.’s safety, and they recognize their ability to achieve a reasonable rate of return on their money. These people invariably seek […]
Author: Michael Stern
Last Updated: 17 September 2020
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 […]
Author: Maria Andretti
Last Updated: 16 September 2020
The U.S. Treasury was in the process of delivering physical stimulus checks, when at the same time, the PBC (Peoples Bank of China) began beta testing of its new digital currency. Economists in the future may very well look at these two events as the start of the digital currency era. Up until last August, […]
Author: Michael Stern
Last Updated: 14 September 2020
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 […]
Author: Jeffrey Taylor
Last Updated: 10 September 2020
Although the Peoples Bank of China has yet to announce a launch date, the digital yuan will be the first digital version of a country’s currency. China is making significant efforts to keep pace with, and control, a rapidly digitized economy. Throughout the year, trials have taken place in various cities. The trials and tests […]