Elon Musk says SpaceX owns Bitcoin and he owns Ethereum in Jack Dorsey talk
07/22/2021 9:27 AMElon Musk confirmed both Tesla and SpaceX own Bitcoin during his discussion with Twitter CEO Jack Dorsey and ARK Invest CEO Cathie Wood today. In his opening remarks at The B Word panel, Musk said he is ultimately a supporter of Bitcoin and cryptocurrencies despite...
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Are Our Children Going to Be Better off Financially Than Their Parents?
07/22/2021 6:23 AMYou may be surprised by the results of a major Pew Research poll but not surprised by what we're doing about...
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Robinhood To Trade On Nasdaq Targeting $32B Valuation
07/21/2021 11:05 AMBy now it’s clear to all that Robinhood will take from the rich … what happens after that remains unclear, but retail investors will now have a chance to decide on their own as the disruptive zero-fee trading app prepares to go public. Robinhood, the most popular...
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Schachter’s Eye on Energy – July 21st
07/21/2021 10:50 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
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China’s Changing Policies Could Create A Huge Oil Demand Deficit
07/21/2021 6:28 AMFigures released last week show that China’s crude oil imports in the first half of 2021 declined for the first time in eight years. China has been the world’s largest net importer of crude oil and other liquids in the world since September 2013 and almost on its own...
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The Biggest Winner if Inflation Comes Roaring Back
07/21/2021 5:49 AMNot most of us because our pay cheques don't keep up with inflation. The big winners are borrowers and who's the biggest borrower of them...
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A Timely End for the Uptrend, Greater Vancouver Homes Resist $2M Price Barrier
07/20/2021 10:26 AMGreater Vancouver detached properties fails in the latest attempt to surpass the two million price barrier. Even as prices reach their highest point in history of $1.982M during June, the average sale price is barely above the aggressive uptrend. The pending break to...
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Peloton plans to launch an in-app video game where you pedal to control a rolling wheel
07/20/2021 9:59 AMPeloton is entering the video game business. Today the company announced its latest idea to get people to exercise: an in-app video game tentatively called Lanebreak. The game, which will only be available for Peloton bike owners and subscribers, involves riders...
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It’s official: The Covid recession lasted just two months, the shortest in U.S. history
07/20/2021 9:43 AMThe Covid-19 recession is in the books as one of the deepest — but also the shortest — in U.S. history, the official documenter of economic cycles said Monday. According to the National Bureau of Economic Research, the contraction lasted just two months, from February...
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Send People a Cheque Under Universal Basic Income and Guess What?
07/20/2021 6:13 AMSurprise or maybe not - new stats make clear that pay people not to work and some won't but that's not the only problem with...
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