If you’ve been watching bitcoin prices lately, you already know they’ve made a spectacular run over the last year. In fact, as of early February 2022, a single bitcoin is valued at over $40,000, having peaked at over $64,000 just a few months ago in November 2021.
To put things in perspective, bitcoin values were in the $300 – $400 range for much of 2015 and about $5,000 when the pandemic started in March 2020.
We’ve all heard the saying that inflation is a hidden tax. But depending on which state you live in, it should simply be called a tax – because that’s what it is.
Why investors should root for the World Series to be cancelled every year Is there actually a difference in stock market performance depending on who wins the World Series?
Market pundits are always tripping over themselves trying to determine the exact direction and extent of the market’s future movements. And as we approach Halloween, the fittingly named “investor fear index” is being scrutinized like never before.
On October 13th, the Social Security Administration announced that Social Security and Supplemental Security Income benefits for tens of millions of Americans will increase in 2022. The press release stated the following:
Are you considering changing jobs this year? If not, you’re in the minority. A survey conducted by Harris Poll found that the majority (52%) of U.S. workers are considering a job change this year – and 44% have real plans in place to make a change.
Successful investing and overall fitness both often come down to discipline (and planning). Why aren’t you reaping the investment returns you read about in the financial press? Why aren’t you reaping the benefits of going to the gym?
Does increasing inflation boost economic growth? And do dropping prices hurt growth prospects? No and no. But to hear the Federal Reserve tell it when Janet Yellen was Chair (from 2014 – 2018), that was the way the world worked.
Special purpose acquisition companies (SPACs) had an enormous year in 2020. New data highlights how the number of SPAC IPOs last year dwarves all previous years, and how the trend for 2021 looks to capitalize and even surpass that enormous number.
Tesla recently announced that it purchased $1.5 billion worth of bitcoins in a filing with the Securities and Exchange Commission.
The Bureau of Labor Statistics counts self-employment in different ways, but estimates that there are close to 10 million, with projections that this number will grow by 8% each year for the foreseeable future.
Wall Street bets against companies all the time, thinking that they are overvalued, destined to fail, or both. The reality is that at any given time, the big companies are usually getting a lot of attention from institutional short-sellers.
Amazon announced Jeff Bezos is stepping down as CEO almost 27 years after he founded the company to sell books to customers over dial-up modems.
