1 billion people will store life savings on their phone in Bitcoin by 2026 — MicroStrategy CEO
02/23/2021 8:37 AMSaylor: Billions will choose Bitcoin for savings Saylor was speaking a day after United States Treasury Secretary Janet Yellen described Bitcoin as "inefficient," comments that accompanied a price dip of over 20% from all-time highs of $58,300. For him, however, the...
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Facebook reverses Australia news ban after government makes media code amendments
02/23/2021 8:11 AMFacebook will restore news to Australian pages in the next few days after the government agreed to change its landmark media bargaining code that would force the social network and Google to pay for displaying news content. Last week, Facebook blocked all news on...
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Some Words Of Comfort For Everyone Panicking This Morning
02/23/2021 7:32 AMWatching the market's panicked reaction this morning as the reality of the recent surge in first breakevens then real yields, is finally appreciated by the "cubic zirconium" hands, the momentum chasing algos and the puking CTAs, can't help but bring a smile to the...
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Bow Down to China …Get Used To It
02/23/2021 7:12 AMRefusing to call the rape, torture and forced sterilization of Uyghurs genocide is just the latest example. But businesses & universities who deal with China should get used to...
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Big Fat Idea – Mortgage Funds
02/22/2021 4:15 PMJustin Smith shared some reasons investors might consider adding mortgage funds to their portfolio. Analysis on this new type of asset class, and why it is becoming so popular in this low interest rate environment. Justin did a full presentation at the 2021 World...
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China Sidelines US As EU’s New Top Trading Partner
02/22/2021 8:23 AMFor the first time, China has officially become the European Union’s top trading partner, trumping the United States, which has long held that status. According to the EU's statistics office, Eurostat, last year, mostly impacted by the coronavirus pandemic but also...
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The Only Reason To Be “Bearish” Is “No One Is Bearish”
02/22/2021 7:49 AMI had to do a double-take recently when reading a CNBC headline that stated: “The only reason to be bearish is there’s no reason to be bearish.” It is indeed hard to argue the point. As the article explained: “A majority of investors finally agree the V-shaped...
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It’s An Old Story Most Prefer to Ignore
02/22/2021 7:15 AMThe pandemic related economic fall-out is just the latest illustration of who pays the biggest price in a weak...
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Quote of the Week, Shocking Stat & Goofy Award
02/20/2021 12:09 PMQuote of the Week Not sure if you're up to Gad Saad's recommendation when it comes to assessing specific political policies. Shocking Stat Sure, we've been moaning about politicians using the pandemic for political gain but don't worry there are some real leaders in...
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Mike’s Editorial
02/20/2021 11:42 AMSorry to shock you but it's not all politics. Our economic and financial future is predicated on ONE single factor no matter what party's in power. And so far we're failing...
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