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Dow Jones Falls As Yellen Gives This Warning; Fed Official Urges Tapering; Coinbase Dips On Probe

September 9, 2021 Alyssa Comments Off

Investors.com: The Dow Jones Industrial Average fell after Treasury Secretary Janet Yellen issued a debt ceiling warning and a senior Federal Reserve official spoke out on tapering. Meanwhile, Coinbase Global (COIN) took a dive on news that […]

China Tech Stock Collapse is ‘Definitely a Buying Opportunity,’ Market Analyst Says

April 1, 2021 RickMad Comments Off

CNBC: A bad week or two won’t unravel longer-term uptrends. That’s how two market analysts are approaching the recent collapse in Chinese technology plays, under pressure from forced liquidations at multibillion-dollar investment firm Archegos Capital […]

Technology Stocks Keep Stumbling; Nasdaq Down 9% In 3 Days

September 8, 2020 RickMad Comments Off

AP: Big tech stocks are continuing their Icarus-like flight path, and more sharp declines for them are dragging Wall Street toward a third straight loss on Tuesday. The S&P 500 was down 2.5% in afternoon […]

Debt Ceiling

Trillion-Dollar Platinum Coin Could Be Minted At The Last Minute

Axios.com: A trillion-dollar platinum coin could be minted “within hours of the Treasury Secretary’s decision to do so,” Philip Diehl, former director of the United States Mint, tells Axios. Advertisements [...]
Bitcoin

Estimated Number of Crypto Users Reaches 221M, Spurred by Altcoins

CryptoNews.com: The estimated global crypto population doubled in four months, and it reached 221m as of June, according to calculations by major crypto platform Crypto.com. Advertisements Advertisements As of July [...]
Cryptocurrency

DeFi Trends in 2022: Growing Interest, Regulation & New Roles for DAOs, DEXes, NFTs, and Gaming

CryptoNews.com: People started looking at alternative options to going into a bank branch to get loans.A tectonic shift is expected in how we reshape the DeFi industry to better meet [...]
Investing

How Blockchain Can Transform the Financial Services Industry

Money.usnews.com: Blockchain technology is one of the leading innovations in the finance industry, holding promise to reduce fraud, ensure quick and secure transactions and trades, and ultimately help manage risk [...]
Economy

Morgan Stanley Warns Inflation Is Now “Entering The Overshoot”

ZeroHedge: Entering The Overshoot Most market participants and policy-makers have been surprised by the speed of the recovery. On our estimates, the US economy will reach pre-COVID-19 output levels by [...]
Stock Market

Support.com Stock Keeps Soaring, as Borrow Fee for Short Sales Tops 100%

Marketwatch.com: Shares of Support.com rocketed on heavy volume again on Friday, and have now run up more than fivefold in a little over a week, even as the customer and [...]