Record-Breaking U.S. Economy Has A Massive Recession Deficit – Here’s Why
A soaring U.S. budget deficit is proof the economy is not well, the chief global strategist of a major investment broker warned this week. He predicted the Great Recession in multiple cable news appearances from 2006 – 2007 when others were wildly bullish. Even if all is well, for now, wild deficit growth during economic…
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Apple Stock Has Inflated Another Dangerous ‘Dotcom’ Bubble In The Nasdaq
Apple stock is on an incredible tear as the Nasdaq hits record highs. Fueled by momentum and a huge share-buyback program, Apple is garnering some wild forecasts on Wall Street. Economist Sebastian Galy believes that markets are getting carried away and bear close resemblance to the dotcom bubble. Apple (NASDAQ:APPL) has been the shining jewel…
BiKi’s Ethan Ng Addresses the Rise of Central Bank Digital Currencies
16th January, 2020, Singapore – 2019 has seen digital assets trading firm BiKi.com traverse the globe to internationalize its brand. Countries such as Vietnam, South Korea, Japan, Russia, Uruguay, United Arab Emirates, Malta and other Western nations have been on the BiKi agenda for expansion or globalization plans. The crypto exchange has thus been able…
Time to Short Bitcoin SV? Analyst Warns ‘Proceed With Caution’
BSV “flash dump” may occur soon. Is it time to short BSV? Crypto volatility is back, baby! While 2020 is scheduled to be the year bitcoin blows-up, it seems a few traders didn’t get the memo—opting instead to pump derivative rival, Bitcoin SV. The bitcoin cash spin-off has posted a 291% year to date increase,…
It’s Not Just Sony, These Major Gaming Companies Have Also Dropped E3
Sony confirms that it will not be attending E3 2020. Some has suggested that this could be the end of E3. Sony is one of several gaming companies that have dropped out of the event. After Sony confirmed that it will not be attending E3 2020, a popular suggestion on social media was that this…
Why Boeing Desperately Needs Donald Trump to Win the 2020 Presidential Election
A record-high U.S. defense budget could turn out to be Boeing’s saving grace as problems mount. For that to continue, the company is relying on a second term for President Trump. Boeing is also benefiting from Trump’s negotiation with China. Almost one year after Boeing (NYSE:BA) grounded its ill-fated 737 MAX series of narrow-body planes,…
GameStop Stock Tanks While Its Future Looks Cloudier Than Ever
Brick-and-mortar game stores have been in decline over the past decade. GameStop’s stock has suffered a massive decline, and the company has announced store closures. It is unclear what part physical games or brick-and-mortar stores will play in the future of the games industry. The age of brick-and-mortar game retailers is coming to a close.…
Tesla Flounders in Ford Country as Mustang Mach-E Hype Rages
Tesla’s Model Y and Ford’s Mustang Mach-E are set to do battle this year. Elon Musk may have a fight on his hands as an analysis of social media data indicates that interest in the Mustang is beating the Model Y in 20 states. When you throw in the upcoming electric Ford F-150, things are…
Dow Soars After Trump ‘Tax Cuts 2.0’ Push Stock Market to Record High
Larry Kudlow and Donald Trump together sent the stock market to record highs on Wednesday. Kudlow provided the initial boost to the Dow Jones by teasing “tax cuts 2.0,” while Trump signed the China trade deal. Economists at ABN AMRO believe tariff reductions will pressure inflation, spurring a rate cut from the Fed in the…
Donald Trump Could Deliver a Knock-Out Punch to the Media This Week
Donald Trump is reportedly considering doing away with the media’s early access to economic data. The move could support One America News Network, a small conservative outlet his supporters are considering buying. Part of the reason for the change could be due to data security, but Trump has been accused of manipulating financial markets. Donald…
Watching Ninja Play Fortnite with His Own Skin Is Special – and a Little Weird
Fortnite streamer Tyler “Ninja” Blevins teased a “huge announcement.” He revealed a new Fortnite skin bearing his likeness. It’s available for a limited time as part of Epic Games’ new Icon Series. After teasing what he described as “one of the biggest announcements of the year,” Fortnite legend Tyler “Ninja” Blevins finally spilled the beans.…
Dash Takes Massive Leap with 62% Overnight Surge
Dash gains 62% in a matter of hours early on Wednesday morning. Highest coin price recorded for the cryptocurrency since July 2017. CoinMarketCap reports an incredulous 2.2 trillion in trade volume. The cryptocurrency Dash returned to prominence on Wednesday after a sizable 62% growth surge over a matter of hours. On Tuesday afternoon, one unit…
Why the Dow Jones Could Rampage Past 30,000 Within Days
The Dow has the potential to make it to 30,000 in just a few days as earnings season unfolds. President Trump’s China trade deal is likely to factor into the Dow’s rally. Strong economic data and good news from Boeing could push the index over the 30,000 milestone. The Dow Jones Industrial average pushed its…
Cringy Bloomberg Tweets Expose Ex-NYC Mayor as Trump Wannabe
Michael Bloomberg’s campaign posted over 40 “zany” tweets on Twitter during last night’s Democratic debate. Bloomberg’s team is likely imitating attention-seeking Trump’s media strategy. The strategy is likely an attempt to compensate for Bloomberg’s failings as a candidate. Michael Bloomberg is rapidly morphing from respected New York City mayor to Donald Trump wannabe. He was…
Calvin Ayre’s Clever Market Triggers Could’ve Sparked Bitcoin SV Pump
The Bitcoin SV pump has caught many crypto investors by surprise. A Twitter user has been following BSV’s price action and has a theory as to why the price of the bitcoin hard fork suddenly spiked. If market manipulation is truly the cause of the surge, investors should take caution as a massive dump is…
