Update
Gold continuously moves higher in the past months and with the news of a possible passing of fiscal stimulus before the election in November, it moved again slightly higher. According to Art Hogan, chief market strategist, the main reason for the market volatility right now is the news on the stimulus package rather than [...]
Cryptocurrency is here to stay. The banks know about it and Mastercard is even well aware of it. Before we start, we are not gearing away from options trading, we are merely introducing/updating you of the new asset we may want to add to our portfolio if not yet. Just recently, Mastercard has updated [...]
"It wasn't raining when Noah built the ark" ~ Howard Ruff The Current Situation The talk of the coming recession has been there for several months if not years now, but no one has prepared any of us to hit the wall this fast nor the reason being the pandemic. The unprecedented declaration of [...]
Earlier this week the FED Reserve has to inject additional money into the market to prevent interest rates in money markets overnight loans to shoot up. Last Monday and Tuesday, the short term funds of the banks had dried up and the borrowing cost interest rate went as much as 10% which is four [...]
During his interview with CNBC, according to Mark Mobius, the founding partner of Mobius Capital Partners: “Physical gold is the way to go, in my view, because of the incredible increase in money supply,” said Mobius, in the interview. “All the central banks are trying to get interest rates down, they are pumping money [...]
The investors are disappointed Wednesday when the Federal Reserve trimmed its Fed rates by a quarter-point pointing out "muted inflationary pressures" and "the implications of global developments" as the main reason. This cut will bolster the economy from effects of President Trump's trade war against China but this recent event brought unhappy faces [...]
The signs of trouble are evident in Deutsche Bank American headquarters as there are more empty seats and brown boxes can be seen in the offices of the senior executives. More computers are off indicating that employees have already left the company while those remains are also out actively hunting for [...]
After the 2017 rally which recorded an all-time high price of $20,089.00 on December 17, 2017, bitcoin has slumped and just a little less than a year, it went down to $3,191.30. For a couple of months it just went swinging from 3thousands and 4thousands, but just last month it reached 5k and now, it [...]
For quite some time now, there's been a debate about whether the US market is a bubble or not. We will discuss here the indicators where you yourself can decide on the current market state of the US economy. We will no longer need to point it out for you, you will know it [...]
The FAANG in 2019 2018 is a roller coaster ride for investors, a lot has happened that even the experts got confused and it is no different for the mega-cap FAANG. FAANG stands for the 5 tech giants Facebook Inc. (FB), Amazon.com Inc. (AMZN), Apple Inc. (AAPL), Netflix Inc. (NFLX), and Google parent Alphabet Inc. [...]
