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A visual representation of the digital cryptocurrency, bitcoin is displayed on December 22, 2017 in Paris, France. (Photo by Chesnot/Getty Images) The bitcoin price, which last week looked set to fall under the psychological $6,000…
Bitcoin Investors Eye Turkey As Lira Plummets 20%
People check currency exchange rates at a currency exchange office on August 11, 2018 in Istanbul. (Photo credit: Yasin Akgul/AFP/Getty Images) Bitcoin and cryptocurrency trading volumes on Turkey's exchanges has surged over recent…
Having It All, But Owning None Of It: Welcome To The Rentership Society
Freedom from stuff? Hassle free living, having it all and owning none of it.Shutterstock He (or she) who dies with the most toys wins. Or so the bumper sticker expression goes. The catchphrase, credited to Malcolm Forbes (founder of…
Instead Of Tesla, Saudi Arabia Should Invest In Battery Tech
Saudi Arabia’s Public Investment Fund (PIF), a sovereign wealth fund currently with over $200 billion in assets, is said to be considering a major investment in Elon Musk’s Tesla . The Saudi government-run fund has accumulated a stake of…
Aggressive Stock Promotion Picks Up In Cannabis Sector
An exhibitor exhales vapor while testing an electronic e-cigarette device at the 1st International Cannabis Expo at the Faliro Sports Pavilion in Athens, Greece, on Friday, Jan. 12, 2018. The purpose of the event is to inform the public…
Can The SEC Model Help Cure American Democracy?
A view of the Securities and Exchange Commission headquarters.PHOTO/Brendan SMIALOWSKI (BRENDAN SMIALOWSKI/AFP/Getty Images) We live in an age where access to vast amounts is right in our pockets, and literally everybody can become a…
‘Trade War’ Battlefront: How Long Before Trump’s Tariffs Are Likened To Economic…
People wave Turkish flags and posters of Turkish president Recep Tayyip Erdogan during a commemoration event for the second anniversary of a botched coup attempt, in Ankara, Turkey, Sunday, July 15, 2018. The Turkish leader said Trump’s…
Intel: Barclays And Goldman Downgrades Reveal How Wall Street Really Works
From the transcript of Intel’s Q2 earnings call, you would not think there was anything to worry about. Intel had a great quarter and most analysts on the call just wanted guidance as to how to adjust their spreadsheets. However, a little…
How Insane Is Elon Musk’s $420 Valuation For Tesla?
This past week, Elon Musk tweeted that he was thinking of taking Tesla private at a price of $420 a share. That would be 18% more than $356, which is where Tesla’s stock closed last Friday. Is $420 an insane valuation? That depends.…
Will This August Fit The Recent Pattern?
The S&P 500 broke its five-week winning streak with Friday’s drop of 0.7%, to close down 0.35% for the week. This was in contrast to the 0.80% gain in the small-cap Russell 2000, which was the strongest major average last week. The…