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Bitcoin Futures Open Interest Soars Ahead of NYSE ETF Launch

October 18, 2021 RickMad Comments Off

CryptoBriefing.com: Open Interest for Bitcoin futures is at record highs on the Chicago Mercantile Exchange. The first Bitcoin futures ETF is expected to launch on the New York Stock Exchange tomorrow. Open interest in Bitcoin […]

As Earnings Season Begins, Inflation and Supply Chain Issues Cloud the Outlook

October 18, 2021 RickMad Comments Off

NYTimes.com: The Delta variant of the coronavirus has hurt hiring and made policymakers’ lives more difficult. But investors are taking it in stride, because it appears to have had little effect on corporate profits. Executives, […]

To Make Capitalism Work, Give Workers Ownership

October 18, 2021 Alyssa Comments Off

NYTimes.com: Twenty-two years ago this fall, a new book with the provocative title “Dow 36,000” was published to great fanfare — and not a little derision. U.S. stocks had been on fire. The technology and […]

The SEC is Poised to Allow the First Bitcoin Futures ETFs to Begin Trading, Source Says

October 15, 2021 RickMad Comments Off

CNBC.com: Key Points The Securities and Exchange Commission is set to allow the first U.S. bitcoin futures exchange-traded funds to start trading. A person familiar with the SEC’s deliberations told CNBC the regulator isn’t likely […]

Why Shiba Inu Has Been More Resilient Than Some SHIB Haters Would Like to Admit

October 15, 2021 Alyssa Comments Off

Coindesk.com: The world knows a thing or two about SHIBArmy, the community behind the self-proclaimed dogecoin killer shiba inu (SHIB). But does it know how powerful SHIBArmy can be? SHIB, the token that’s clearly not […]

Dow Jones Rallies As Oil Spikes Above $82; Apple Drops

October 11, 2021 Alyssa Comments Off

Investors.com: The Dow Jones Industrial Average rallied 25 points early Monday, as oil prices briefly spiked above $82. Apple stock and Tesla traded mixed in morning trade. Among the Dow Jones leaders, Apple (AAPL) fell 0.7% Monday, while Microsoft (MSFT) […]

Inflation

Key Fed Inflation Gauge Accelerated Again in August as High Prices Persist

FoxBusiness.com: Fed’s preferred inflation gauge ticks higher in August. An inflation measure closely watched by the Federal Reserve ticked higher in August as steep prices continue to squeeze millions of U.S. households. [...]
Economy

Inside The Most Ridiculous Jobs Report In Recent History

ZeroHedge.com: On the surface, it was an blockbuster jobs report, certainly one which nobody expected. Starting at the top, the BLS reported that in January the US unexpectedly added 353K “jobs” – [...]
Economy

Dow Futures Jump After Better-Than-Expected Jobs Report

CNBC.com: Futures for the Dow Jones Industrial Average rose on Friday morning after the July jobs report came in better than economists projected. Advertisements Advertisements Dow futures were higher by [...]
Stock Market

The Stock Market Is Another Life Lesson That Proves Stability Will Always Prevail

Kiplinger.com: When you follow the stock market closely, it can feel like at any moment, a pandemic, a war, an environmental disaster, or any number of “breaking” headlines could trigger [...]
Stock Market

Stock Markets Are Now Addicted To Stimulus – And Central Banks Have No Exit Plan, Guggenheim’s Scott Minerd Says

MSN.com: Markets are hooked on economic stimulus, and central banks have no exit strategy, Scott Minerd said.“For the time being, we’re just addicted to this,” Guggenheim’s chief investment officer said [...]
Bitcoin

Cryptocurrency’s Surge Leaves Global Watchdogs Trying to Catch Up

Wsj.com: The cryptocurrency industry is getting so big and enabling so much risk-taking that governments around the globe are taking notice. Advertisements Advertisements Bitcoin traded above $50,000 Monday; its total value [...]