It has been a while since we wrote much about cryptocurrencies. Still, it’s the gift that keeps on giving from an editorial perspective. In late 2017, I was one of the loudest voices warning that bitcoin was a bubble (actually the greatest bubble in history, as it turns out) and a collapse was coming
You’ve heard a lot in recent years about “negative interest rates.” The idea is simple. Instead of the bank paying you interest on money you have in the bank, you pay the bank for holding your money. Normally, if you put $100,000 in the bank and they have a 2% interest rate, then at the
We all know the legend of cryptocurrencies. Cryptos were created by applied mathematicians and digital engineers who were looking for a form of “money” that would not rely on any centralized issuer or depository. Cryptocurrencies had immediate appeal to libertarians, anarchists, criminals and Ayn Rand followers who were cheered by the chance at liberation from
Is it over? I’m talking about the allegations of “Russian collusion” aimed by the media and the deep state at President Trump. The Mueller report on collusion was issued a few weeks ago and it gave Trump a clean bill of health. Can we put that two-year “witch hunt” behind us and move on? Unfortunately
By now you’ve heard that the U.S. economy expanded at an annualized rate of 3.2% in the first quarter of 2019. That was reported by the Commerce Department last Friday morning. After another week of being bashed by the mainstream media, this was great news for President Trump. You can read about it in this article.
By now you’ve heard that the U.S. economy expanded at an annualized rate of 3.2% in the first quarter of 2019. That was reported by the Commerce Department last Friday morning. That strong growth coming on top of 4.2% in Q2 2018 and 3.4% in Q3 2018 means that in the past twelve months, the
In January 2018, two significant market events occurred nearly simultaneously. Major U.S. stock market indexes peaked and volatility indexes extended one of their longest streaks of low volatility in history. Investors were happy, complacency ruled the day and all was right with the world. Then markets were turned upside down in a matter of days.
The first-quarter GDP number was released this morning. And at 3.2%, it came in far above estimates. Consensus was about 2.3%. It was also the highest Q1 GDP print since 2015. But there’s probably less here than meets the eye. About half the GDP gain came from a surge in inventories and a sharp reduction
The race is on for dominance in the coming world of 5G smartphones and telecommunications. 5G is an abbreviation of “fifth generation” in upload/download speeds and is the successor to the well-established 4G standard we use today. These much-higher speeds will allow more video and music streaming and downloads and enable more multitasking. The profits
This article describes the rise of the food delivery business through the use of apps and gig economy drivers from Uber and other services. The delivery services reach agreement with a wide variety of restaurants and fast-food outlets to deliver their meals. Then they create an app and distribute this to a customer base that is oriented
