Sharing is Caring! The wealthiest 10% of Americans own a record 89% of all US stocks. That’s not how I would’ve framed this up.It’s almost as if they were afraid to go where it needed to go.But it was implicitly uncomfortable to watch sending the message subtly if not overtly.The truth is perhaps too painful
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Ross Ulbricht was handed an unheard-of sentence for a nonviolent, first-time offense: double life plus 40 years without parole. Not one of his trial charges involved violence of any kind. An Eagle Scout, scholarship winner and scientist, Ross followed his free-market ideals and interest in new technologies to innovate new ways of trading, using the
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press release PRESS RELEASE. Blockchain Euro Project BEUROP has announced the launch of its DeFi trading and Marketing platform for cryptocurrency startups and everyday users. Monday 18th, London, England — Following the launch of it’s deflationary BEPR token, Blockchain Euro Project (BEUROP) is preparing to establish its first product: a DeFi crypto trading and marketing
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Municipals were a touch weaker 10 years and in on thin trading while U.S. Treasuries pared back earlier losses the curve flattening continued. Triple-A benchmarks saw one basis point cuts in spots inside 10-years while the five-year U.S. Treasury hit a high of 1.154% and the 30-year pared back earlier losses to land at 2.018%.
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The battered gold stocks are bouncing hard, blasting higher over the past couple weeks! That’s… by Adam Hamilton of Zeal LLC The battered gold stocks are bouncing hard, blasting higher over the past couple weeks!  That’s despite the Fed still looking to soon start slowing the pace of its epic money printing.  Fed-tightening fears had weighted
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As of today, October 18, 2021, the 20-year fixed mortgage purchase rate is 2.97% and the 20-year fixed mortgage refi rate is 3.10%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to be quoted depending on their
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Countering the security threat from the rise of China will be an important part of Nato’s future rationale, the alliance’s chief has said, marking a significant rethink of the western alliance’s objectives that reflects the US’s geostrategic pivot to Asia. In an interview with the Financial Times, Nato secretary-general Jens Stoltenberg said China was already
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It is a remarkable coincidence that THG has decided the “time is right” to seek premium status just as the market delivered the verdict that Matthew Moulding’s beauty and nutrition empire is anything but. The ecommerce and technology group, whose shares are down nearly 60 per cent this year following last week’s disastrous investor presentation,
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It may be tough to find any cause for concern when evaluating the gains made by the industry’s best-performing value funds. The 20 with the biggest 10-year gains, and at least $100 million in assets, have matched, if not bested, broader indexes and peers with an average 16% annualized return, Morningstar Direct data show. The
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Take a look at some of the biggest movers in the premarket: Zillow (Z) – Zillow slid 6.4% in premarket trading, following a Bloomberg report that the company has temporarily stopped its home-buying service due to overwhelming demand. Revance Therapeutics (RVNC) – Revance shares plunged 33.2% in the premarket after the Food and Drug Administration
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A worker carries lumber as he builds a new home in Petaluma, California. Getty Images Rising interest rates will result in a sharp drop in refinance demand in 2022, meaning a lot less business for mortgage bankers, according to the Mortgage Bankers Association’s just-released annual forecast. It predicts total origination volume will drop 33% to
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So far, the distraction-as-policy technique seems to be working in favor of the foxes guarding our financial henhouse… by Matthew Piepenburg via Gold Switzerland Desperation and distraction are masquerading as economic policy. Below we see how and why—and at what cost. COVID: The Great Economic and Political Hall-Pass If every time I stole a cookie
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Gaming platforms are choosing sides on blockchain, cryptocurrencies and nonfungible tokens (NFTs) within their respective ecosystems.  Following reports of Valve banning crypto and NFT-related games on Steam, its primary competitor, Epic Games Store showed a welcoming attitude for blockchain developers and the use of crypto in video games. Epic Games CEO Tim Sweeney said that
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Mutual fund analysis typically consists of an elementary analysis of the fund’s strategy (growth or value), median market cap, rolling returns, standard deviation, and perhaps a breakdown of its portfolio by sector, region and so on. Investors often settle for statistical results without questioning the underlying drivers of those results, which can yield information that
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press release PRESS RELEASE. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. Bitcoin of America recently announced their newest addition to their Bitcoin ATM machines
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