American economist Brian Wesbury has shared his thoughts on what would happen if the masses were to ditch fiat currencies and adopt bitcoin instead. He discussed whether the government would allow it to happen and how bitcoin can become a true currency. Economist Brian Wesbury Answers Question About the Masses Ditching Fiat Currencies for Bitcoin
Tax-hungry legislators may go after incomes over $400,000. But they will likely leave in place a rich collection of avoidance devices. Here are ways that investors minimize damage from the IRS. Democrats, narrowly in control of Congress, are equipped to undo parts of the 2017 Trump tax cut and, perhaps, to attack some of the
S&P Global Ratings said Friday that it raised the long-term rating on Louisiana’s $285.715 million of Series 2013A and 2014A state highway improvement revenue bonds to double-A from double-A-minus. At the same time, S&P assigned a double-A long-term rating to the state’s $202.71 million of Series 2021A taxable state highway improvement fund revenue refunding bonds.
(MENAFN – iCrowdNewsWire) Conductive Silver Paste Market is Projected to Reach USD 15.0 Billion by 2026, Growing at a CAGR of 11.8% During 2021-2027 […] iCrowdNewswire Jan 9, 2021 4:38 AM ET According to BlueWeaveConulting , the global conductive silver paste market worth USD 7.3 billion in 2020, and is further projected to reach USD 15.0 billion
This sector has been carving a textbook-perfect series of higher lows and higher highs since late November now, forming a young upleg. Those usually… by Adam Hamilton of Zeal LLC The gold miners’ stocks entered this young new year with a bang, as their leading index surged to a major breakout above multiple key resistance
Some investors might love biotech stocks for their lottery ticket-like returns when a company strikes medical gold. A lottery ticket, however, costs only a buck or two, while getting a biotech company wrong can hurt a lot more than that. Case in point: Sarepta Therapeutics (SRPT) shares tanked ~50% in Friday’s trading session, following the
by Martin Armstrong COMMENT: The difference between Socrates and the fake pandemic or socialism or fake global warming is that people are allowed to take or leave the information presented here without threats or consequences. There is no force or bribing used to accept the results of the system…which is the determination of many inputs to
Life has its cycles, as do the economy and the financial markets. But when it comes to market cycles, emotions often get in our way. We often do the wrong thing at different phases, buying exuberantly at market highs and selling in a panic at market lows. Successful investors do the opposite. Warren Buffet says:
Daniel Loeb, chief executive officer of Third Point LLC, speaks at the Skybridge Alternatives conference in Las Vegas, May 18, 2017. David Paul Morris | Bloomberg | Getty Images In light of the global pandemic, it comes as no surprise that activism in 2020 was down. There was less 13D activism, less UTT-activism and less
Indonesia has launched a search operation after a Boeing 737-500 passenger jet operated by Indonesian carrier Sriwijaya Air lost contact soon after take-off from Jakarta. Flightradar24, which tracks live air traffic around the world, shows that the nearly 30-year-old aircraft reached an altitude of 10,900ft before appearing to make a sharp turn and then plummeting
My personal style signifier is the way I pair things – my look is part menswear-inspired and part French-girl chic. I value quiet elegance. I don’t like anything too complicated or trippy. I also love it when things fit well but are efficient too, like Deborah Pagani’s hair pins – both beautiful and solid. The last thing I bought
Janney Montgomery Scott’s aggressive recruiting efforts during the pandemic landed the company 43 new advisors by year-end 2020. While many companies shut their doors and sent their employees home to work when the coronavirus pandemic hit the U.S., Janney determined early on to keep its offices open. To do so, it has put in place
After a wild, up-and-down 2020 that saw Sushiswap become the largest decentralized exchange (DEX) by liquidity at two different points, the decentralized finance (DeFi) platform has released a wildly ambitious project roadmap for 2021. Key forthcoming developments include multiple examples of some of the most complex and advanced functionalities in the DeFi space, including a
The 46-acre compound was built for concert baritone John Charles Thomas. Berlyn Photography | Hilton & Hyland Homebuyers in the market for seclusion, architectural pedigree and easy access to Los Angeles’ Westside may want to turn their gaze to a newly listed estate in the heart of Brentwood’s Mandeville Canyon. Surrounded by hills dotted with
During the last few days, the world has watched the Big Tech and social media crackdown after the incident that took place at Capitol Hill a few days ago. During the last 48 hours, U.S. President Donald Trump, a great number of right-wing supporters, and literally anyone who speaks out against the U.S. government has
A series of strategies for tax-wise investors. Table of Contents. Annuitant getty A Qualified Longevity Annuity Contract is a contract with an insurance company that (a) pays out a fixed monthly amount beginning at an advanced age and (b) is bought inside an IRA. The most you can put into a QLAC is $135,000 or
The Illinois Supreme Court should reject the “cramped” definition of state borrowing authority applied in litigation seeking to void $14.3 billion of Illinois general obligation bonds, the state argues in a brief. The state’s arguments in the brief mark the latest salvo in the efforts by John Tillman, head of the conservative Illinois Policy Institute,
Representative Image Gold prices tanked to settle at Rs 48,818 per 10 gram on January 8 as participants increased their short position as seen by the open interest. The precious metal ended the week with a loss of Rs 1,417 or 2.82 percent for the week. The yellow metal traded lower, tracking gains in the
Today’s environment of excessive money printing and debt creation is an excellent time for silver to outperform. When contrasted with the… David Morgan on Palisades Gold Radio Tom welcomes back a man who needs no introduction, the silver Guru David Morgan himself. David discusses the saying, “90% of the move comes in the last 10%
It’s fair to say investors were pretty satisfied when on Thursday, 3D Systems (DDD) released 4Q20 preliminary results alongside some news of latest developments. Shares more than doubled after the 3D printer maker said it expects Q4 revenue to come in between $170 million and $176 million, some distance above the $140 million analysts were estimating.
Check out the companies making headlines in midday trading. Tesla — The electric vehicle company surged more than 7% to a new record high. Tesla’s market capitalization jumped above $800 billion for the first time on Friday, making the company more valuable than Facebook, and the fifth-most valuable component of the S&P 500. Evercore ISI
by Adam Taggart A year ago, macro strategist David Hunter predicted a massive melt-up in financial assets, to be followed by an equally tremendous market crash. Well, he’s certainly been right so far on the melt-up prediction. All major stock indices are trading at record highs. And valuations have never been more stretched. Market Cap
A financial aid award letter explains the total amount of monetary assistance a school will offer you. You’ll start to receive these letters shortly after you get your college acceptance letters. Before you start comparing your offers, here’s a quick look at financial aid award letters. Key Takeaways The Free Application for Federal Student Aid
Kim Jong Un has signalled plans to develop new nuclear weapons and described the US as North Korea’s “biggest enemy”, moves that threaten to raise tensions with US president-elect Joe Biden. The North Korean leader’s comments, made at a rare gathering of top political officials in Pyongyang, marked the dictator’s strongest broadside against Washington since
In the first edition of Scoreboard this year, we take you behind Nike’s ambitious restructuring plan, look at how US capital is Americanising two European leagues, and the high-stakes football match that must happen for the sake of US college sports. Send us tips and feedback at scoreboard@ft.com. Not already receiving the email newsletter? Sign
After the wild ride 2020 took us on, it’s only natural that clients want to know what to expect from the stock market in 2021. When people ask how I think stocks and bonds will perform next year, I answer that if I could predict future market performance, I’d be richer than Jeff Bezos. Since
Bitcoin (BTC) mining difficulty is set to rise by roughly 11% on Jan. 9, according to data from BTC.com. This marks the biggest increase in nearly four months that will put the metric over 20 trillion for the first time ever. “Hashrate is on a tear!” commented popular pseudonymous Bitcoin trader hodlonaut three days ago.
The Vanderbilt mansion was once a prime spot for the Gilded Age wealthy. Gavin Preuss One of the crown jewels of America’s historic homes, a grand Vanderbilt family home that straddles the Massachusetts towns of Stockbridge and Lenox, is on the market for $12.5 million. The property, which was built in the Berkshires in 1886,
The Spanish police detained four people of different nationalities this week for allegedly running a $15 million crypto Ponzi scheme. According to the police, “many victims” filed a complaint against them. Victims Believed Their Bitcoins Went to a Legit Company According to Policia Nacional, the four accused are Argentine, Spanish, and Italian nationals aged between
WILMINGTON, DE – DECEMBER 23: President-elect Joe Biden announces Miguel Cardona as his nominee for … [+] Education Secretary at the Queen theatre on December 23, 2020 in Wilmington, Delaware. Cardona, the Connecticut Education Commissioner, will face the urgent task of planning to reopen schools safely during the COVID-19 pandemic. (Photo by Joshua Roberts/Getty Images)