Bitcoin could climb by $20,000 if a US default happens, Standard Chartered’s Geoff Kendrick said. Not every crypto would act similarly, with some behaving more like equities, he told Insider. “So actually, the optimal trade would probably be long bitcoin, short ethereum.” Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Bitcoin could jump nearly 70% if the US defaulted on its debt, Standard Chartered analyst says
Here are the 6 factors that suggest the stock market bottomed last October and will continue to rally from here
Fundstrat’s Tom Lee says it looks increasingly likely that the stock market bottomed in October.Fundstrat highlighted six reasons why it thinks the bottom is in and a rally in stocks can continue.”Markets bottom before fundamentals 80% of the time and S&P 500 P/E (2024) is 15x ex-FAANG,” Lee said. Loading Something is loading. Thanks for… Continue reading Here are the 6 factors that suggest the stock market bottomed last October and will continue to rally from here
Warren Buffett eats McDonald’s for breakfast, drinks 5 Cokes a day, and devours cookies and ice cream. Here are the investor’s 11 best quotes about his iconic diet.
Warren Buffett may be a billionaire businessman in his 90s, but he eats like a child. The investor and Berkshire Hathaway CEO loves McDonald’s, Coca-Cola, and Dairy Queen. Buffett says his indulgent diet has been key to his happiness and long lifespan. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Warren Buffett eats McDonald’s for breakfast, drinks 5 Cokes a day, and devours cookies and ice cream. Here are the investor’s 11 best quotes about his iconic diet.
A real estate investor who got started at age 38 shares the top 3 pieces of advice for beginners that helped him build a $2.7 million in just 4 years
Dan Rivers has amassed a 16-unit real estate portfolio worth $2.7 million in total. Rivers built his portfolio in just 4 years, after getting started in real estate at the age of 38. Here are his three top pieces of advice for beginners — regardless of their current stage of life. Real estate investor Dan… Continue reading A real estate investor who got started at age 38 shares the top 3 pieces of advice for beginners that helped him build a $2.7 million in just 4 years
Dollar dominance could give way to a ‘tripolar’ currency system as China’s yuan and the euro rise on the world stage
The dollar’s status isn’t under threat anytime soon, but the yuan and euro look most likely to cut into its lead. A “tripolar” reserve currency system is plausible, economist Stephen Jen told Insider. The greenback saw a dramatic erosion as a global reserve currency in 2022, but it’s still dominant in international trade. Loading Something… Continue reading Dollar dominance could give way to a ‘tripolar’ currency system as China’s yuan and the euro rise on the world stage
Stock Market Today: Stocks Swing Higher After Amazon Earnings, Inflation Data
Stocks opened lower Friday as traders mulled over the latest round of corporate earnings and another mixed inflation update. However, shares reversed course mid-morning to end the day with impressive gains. While the major indexes managed to close higher today, the same can’t be said about embattled regional lender First Republic Bank (FRC (opens in… Continue reading Stock Market Today: Stocks Swing Higher After Amazon Earnings, Inflation Data
SAFE Banking Act Gets New Life: This Week in Cannabis Investing
The SAFE Banking Act has been given new life on Capitol Hill. There’s been a flurry of activity in D.C. this week around cannabis regulations, continuing from the onslaught of bills released last week in the run-up to 4/20. It was disappointing to see the Senate reject a bill regarding cannabis research for veterans suffering… Continue reading SAFE Banking Act Gets New Life: This Week in Cannabis Investing
US stocks rise as investors cheer strong corporate earnings and shake off banking fears
Jennifer Sor Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 10, 2020. Andrew Kelly/Reuters US stocks rose on Friday, boosted by a streak of strong earnings reports. 79% of S&P 500 companies that reported earnings have beated estimates, according to FactSet. Investors digested… Continue reading US stocks rise as investors cheer strong corporate earnings and shake off banking fears
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