Bitcoin on Wednesday was on track to notch its fifth consecutive win. Bespoke said bitcoin was breaking a downtrend this week by closing above its 50-day moving average for the first time since November. The digital currency has leapt 20% over the past seven sessions. Loading Something is loading. Bitcoin’s sharp rebound in recent sessions… Continue reading Bitcoin’s 20% rise in the last week suggests momentum is building towards a sustained period of gains, research firm says
Rumble SPAC plummets 19% after Joe Rogan’s loyalty to Spotify dashes hope for $100 million podcast deal
CF Acquisition plunged as much as 19% on Wednesday after Joe Rogan expressed his loyalty to Spotify.Rumble, a video-sharing platform that plans to merge with the CF Acquisition SPAC, offered Rogan a $100 million podcast deal.Rogan has come under fire in recent weeks for spreading COVID misinformation in his podcast. Loading Something is loading. CF… Continue reading Rumble SPAC plummets 19% after Joe Rogan’s loyalty to Spotify dashes hope for $100 million podcast deal
The Ultra-Wealthy Bought More Than $40B Of High-End Real Estate Last Year
A recent poll by Fannie Mae found that most young people surveyed think that now is the worst time to buy a house. But apparently the rich, who got richer during the pandemic (Oxfam found that the wealth of world’s 10 richest men doubled) are going all in on luxury real estate. “More than $40… Continue reading The Ultra-Wealthy Bought More Than $40B Of High-End Real Estate Last Year
Americans Gained $1 Trillion in Debt in 2021
Americans took on an additional $1 trillion in debt in 2021 as they purchased homes and cars, the largest increase since 2007. U.S. households started accruing more debt last year as the savings rate rose. The total debt of households increased by $1.02 trillion in 2021, according to the Federal Reserve Bank of New York on… Continue reading Americans Gained $1 Trillion in Debt in 2021
David Rosenberg: Global recovery unhealthily hitched to bubbly housing, especially in Canada, New Zealand
We advise caution when investing in the loonie or the kiwi Publishing date: Feb 08, 2022 • 5 hours ago • 3 minute read • 6 Comments House prices have skyrocketed throughout the pandemic in Canada and New Zealand. Photo by Postmedia/Getty Images By David Rosenberg and Julia Wendling Advertisement This advertisement has not loaded yet,… Continue reading David Rosenberg: Global recovery unhealthily hitched to bubbly housing, especially in Canada, New Zealand
Act defensively and figure out where the market is going, not where it’s been
Perhaps it’s not about scoring goals in today’s environment, but acting defensively and protecting one’s lead The Bank of Canada building in Ottawa. Photo by David Kawai/Bloomberg files Wayne Gretzky once famously said, “I skate to where the puck is going, not where it has been.” Advertisement This advertisement has not loaded yet, but your… Continue reading Act defensively and figure out where the market is going, not where it’s been
Stock Market Today: Earnings Help Stocks Muscle Higher Into the Close | Kiplinger
Another slow-news session saw stocks rebound considerably from yesterday’s slippage – then dodge what was shaping up to be another afternoon swoon. With little on the data front, most eyes were on the earnings calendar, which provided a few fireworks. Peloton Interactive (PTON, +25.3%), for instance, reported a quarterly loss and hacked down its full-year… Continue reading Stock Market Today: Earnings Help Stocks Muscle Higher Into the Close | Kiplinger
7 Discounted Dividend Stocks With Market-Beating Yields | Kiplinger
While there is ample supply of dividend stocks to be found on Wall Street, finding high-quality ones whose payouts are secure can be a little more tricky. What’s more, following years of big gains in the equity markets, stock prices for many of the best dividend payers is in the clouds. The S&P 500, for… Continue reading 7 Discounted Dividend Stocks With Market-Beating Yields | Kiplinger
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