Who doesn’t like free money right?! Well, it seems that’s just what’s happening here. To be fair, the small economy of Hong Kong has been double shafted. First by months of protest and now from epidemic. The idea of free money for all is hardly a new concept. Popularly known […]
Not sure that it’s really my dream to hang out with US President Donald Trump, but last night I literally dreamt that I was accompanying the Donald on a trip to China where he insisted on checking out the affects of Coronavirus for himself. It must have been somewhere in […]
For the first time in a long time fear can be felt in the global markets. Over the weekend we’ve received some distressing news regarding the spread of the Coronavirus to more Western countries including Iran, Israel, and Italy. If traders aren’t fearful of pandemic an even bigger nightmare of […]
Eating Each Other Never really got the chance to review the Democratic debates the other day. Probably for the best though. Watching these people ‘debate’ each other is kind of like watch a tank full of hungry cannibalistic sharks eating each other. Or like a Roman gladiator tournament. You get […]
Just when the markets started getting complacent about their recent gains the crypto market took a rather sudden and unexpected dive. We can’t say that this was necessarily unexpected by all though. Here’s an article that was written shortly before the plunge… Whenever a large platform goes down we have the potential […]
If you’re reading this update, then you’re probably at least somewhat aware of how central banks have been manipulating financial markets since 2009. What you might not have known is that lately some well known and respected economists are making the case that their most recent actions have not been […]
Fed Rebranding The big news for the markets came in last night that Coronavirus has taken their first known major corporate victim… Apple. It was all fun and games when Nintendo said there won’t be enough Switches to go around, but iPhones? That’s a bit closer to home for many […]
First off, I wanted to start out with our first ever BMJ retraction. On Friday we wrote about FC Barcelona’s new digital tokens. It seems the CEO of Chiliz, who is producing the tokens, is a reader of ours and we had a great chat over the weekend. Our mistake […]
Fury and outrage have hit the social media waves of the crypto community as the popular unregulated betting platform known as BitMEX did what it does best and swallowed people’s money. Here’s one such example of an angry customer… For once, I actually agree with BitMEX’s decision to not refund their customers. […]
Just as the crypto markets were raging yesterday and many altcoins were already clocking double digit percentage gains, the US Secretary of the Treasury, Steve Mnuchin, got on the bullhorn once again to warn the general public about these dangerous assets. The comment came during a visit to Congress where he was […]
