May 29, 2025 Over 35,000 people are gathering to attend a cryptocurrency convention this weekend to celebrate the introduction of this asset class to the world of real money, cheered on by the Trump Administration. Led by Vice President J.D. Vance and cryptobillionaire and Commerce Secretary Howard Lutnick, the crypto promoters appear to be a…… Continue reading Bitcoin to the Moon, Alice!
Tag: Bitcoin
$36 Trillion, and Counting
May 7th, 2025 Fed Chairman Jerome Powell, and many other Economists, have warned the Country time and time again, that the growing National Debt is “unsustainable.” As the annual interest payments on the National Debt approaches One Trillion Dollars per year, and is now more than the Government spends on National Defense, ($820 Billion), and…… Continue reading $36 Trillion, and Counting
Gold Shines
April 16, 2025 Although this is NOT investment advice, I believe that Trump’s on-again, off-again tariffs are damaging the world’s economy and could lead to a business recession in 2025, or even something worse, as Fund Manager Ray Dalio suggests. Everyone needs to make their own investment decisions with the help of their own investment…… Continue reading Gold Shines
At The Top?
August 28, 2022 Friday’s sharp 1,000 point decline was triggered by Fed Chairman Powell’s brief, but pointed, “inflation fighting”comments at the annual Jackson Hole, Wyoming economic meeting of the world’s financial elite. Fighting Inflation was job number one, for the Fed at this time, said Powell, even if it leads to some short term economic…… Continue reading At The Top?
Turning Point?
With a down day on Friday, 8/19/2022, the weekly upside trend for the stock market has been broken. Is this just a just a temporary pause in the five week uptrend that has recaptured almost 50% of the market’s 2022 decline, or something more significant? Although this is not investment advice, I would suggest that…… Continue reading Turning Point?
Recession Ahead?
July 26th, 2022 As the markets await the Federal Reserves decision today on whether to make a 3/4 point increase in short term interest rates, to contain inflation, or something more significant, like a full 1% increase, investors should consider this question. Are we facing a recession in the coming months? One technical indicator that…… Continue reading Recession Ahead?
Too Good to be True?
Sunday, July 17th, 2022 If investors needed another reminder that if something sounds too good to be true, it probable is, they got a big wake-up call this week. Crypto lender CELSIUS, which 9 months ago, said that they had $25 Billion, with a “B” in assets, under management, this week filed for bankruptcy, leaving…… Continue reading Too Good to be True?
A Wake-Up Call?
It only took a few hours for most stock and bond market investors to realize that increasing interest rates, as outlined yesterday by Fed Chairman Powell, would not be good for stock or bond markets. Yesterday’s short covering rally, was based on hope that it would only take a little more adjustment to interest rates…… Continue reading A Wake-Up Call?
Have we Reached Bottom?
Usually, after a panic sell off like the selling we saw on both Friday and Monday, the market could have a substantial snap back rally to scare the short sellers. However, I still see that the usual jump in volatility that usually occurs with temporary bottoms, has not happened yet. Also, I am very concerned…… Continue reading Have we Reached Bottom?