Recently, a piece of collage art entitled “Everydays: The First 5000 Days,” by an artist known as Beeple, sold at a Christie’s auction for $69 million. The Wall Street
Elon Musk dumps Tesla shareholder money into Bitcoin. Tesla is overvalued, but Bitcoin has no value. Will one bubble be the pin for another bubble?
Jobs data weak and revisions are worse. Bond yields weighing heavy on gold prices. Dollar gets clobbered by disappointing economic data. Oil prices rising and
Quieter day in the markets with notable moves in oil. Dollar consolidating before its next move lower. Kashkari believes inflation is purely psychological. Outsourcing will
Big moves in silver outshine modest gains in gold. Robinhood users are the product, not the customers. Government regulators emboldened to act. Watch out for
All four major market indexes end the week down. So goes January, so goes the year … so buckle up! Hedge funds continue to take
Powell delivers most dovish press conference ever. Anthony Scaramucci’s Skybridge… fund wins trophy for ridiculous bitcoin logic GameStop proves Bitcoin can’t work. Technicals starting to
Big gains in the most heavily shorted stocks like Game Stop. Robinhood traders buying Game Stop think they’re smarter than the hedge funds shorting it.
Bank analysts want more artificial stimulus. Retail sales surge while production crashes. PPP monkey business driving spike in business applications. Borrowing from poorer countries is
While the country and the stock markets reel from the impact of the Coronavirus, many economists and politicians are calling for the government to fight