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: Buffett
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?
Do I Hear a Bell Ringing?
July 11, 2021….There is an old Wall Street Saying that “They don’t ring a bell at the top.” So investor sentiment, and optimism, is usually at the highest levels when markets reach critical turning points. It may not be a bell but there seem to be several economic chimes going off these days, as the…… Continue reading Do I Hear a Bell Ringing?