Latest Insights on BB
Facebook’s Crypto Libra Creates a Financial Bubble of Epic Proportions June 21, 2019 Currency, Global Economy, Winning Investor Daily Facebook’s new coin is a big deal for the crypto markets. It instantly opens up crypto to billions of users who might not have even heard of bitcoin. Don’t Wreck It, Ralph June 20, 2019 Great Stuff I’m no Ralph Kramden, but even I can see that the market is ready for launch. Like I said in yesterday’s Great Stuff, anything but complete inaction by the U.S. Federal Reserve was likely to spark a rally — and save Fed Chair Jerome Powell’s job. All Powell had to do was drop the word “patient” from the Fed’s […]
The Fabulous Mr. Fed June 19, 2019 Great Stuff Welcome to Fed Day! Are you on pins and needles yet? Today is the day that the U.S. Federal Reserve concludes its two-day policy meeting and gives its outlook on interest rates. You, my dear reader in the future, may already know how this all played out. If so, don’t tell me yet … I […]
Steel Industry Prices Will Surge With Inflation — Buy SLX ETF to Profit June 19, 2019 American Investor Today, Global Economy, Investment Opportunities, U.S. Economy The steel industry hasn’t received much attention from investors. But that should change in the coming months. John Ross talks about how inflation and reflexivity will push iron ore’s and steel’s prices higher. (3-minute read)Uber Bullying: This Is the Robot Revolution June 13, 2019 Great Stuff Some people clearly haven’t seen enough sci-fi movies. You do not bully robots. Period. And yet, that’s exactly what drivers around the world are doing. Road rage is now spilling over onto autonomous vehicles. Eric Meyhofer, head of Uber Technologies Inc.’s (NYSE: UBER) self-driving car unit, lamented the rising epidemic at Wednesday’s Elevate conference in Washington, D.C.: […]
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