It’s the ninth anniversary of the infamous Flash Crash of May 6, 2010, and while this has been mostly forgotten these days, there are still lessons that we may learn from it. Of all the events that have affected stock markets, there are perhaps none more interesting than the event known as the Flash Crash […]
After a horrible 2018, where Bitcoin prices plunged during a massive selloff, 2019 is shaping up to be much better, and the big money is starting to pay attention now. Given how fast the price of Bitcoin shot up during 2017, starting the year around $900 and rising to over $19,000 by mid-December, you just […]
Many people are concerned with how economic growth has evolved of late, with both GDP growth and inflation averaging around 2%, which some mistakenly think is too low. 2018 was a banner year of sorts as far as economic growth is concerned, with the 2.9% that we added being the highest rate since 2005, as […]
President Trump escalating the trade war with China has weighed pretty heavily upon U.S. stock markets during the first two days of this week. How big of a deal is this? Donald Trump’s engagement in the ongoing trade war with China took an abrupt turn for the worse on Sunday, with the president tweeting that […]
U.S. President Donald Trump has a reputation as a tough negotiator, and his latest move to raise the ante on tariffs with China makes that abundantly clear. As the talks between the U.S. and China to end the current trade war that the countries are involved in have progressed, President Trump had shown uncharacteristic patience, […]
Uber’s IPO is finally scheduled to roll out this week amidst much fanfare, and is said to be the most anticipated IPO since Facebook in 2012. In terms of concern, it might be #1 of all time. Uber has been in the taxi business for 10 years now, even though they are careful to try […]
While financial advisors always have told us to wait until age 70 to collect Social Security benefits, the changing landscape of Social Security should have us rethinking this. Whenever we’ve done the math on the comparative benefits between taking Social Security earlier or later, later has always won out, provided that we at least expect […]
Our latest Fed meeting resulted in the committee leaving interest rates alone, in the face of inflation that has dipped from the last meeting. Should we be concerned? Wednesday’s Federal Reserve announcement to leave interest rates unchanged was met with widespread disappointment by the U.S. stock markets, resulting in widespread sell-offs of some significance. By […]
While oil prices have been in an upward trend since late December of last year, tracking the stock markets pretty closely, it is now experiencing its biggest pullback since the rally began. The price of oil and the price of stocks are somewhat positively correlated, but to look at this relationship over the last 6 […]
Apple shared some news which the market after the close Tuesday, with their announcement of their quarterly results, and the market expressed its approval on Wednesday. On a day where stock markets were decidedly negative, nothing stood in the way of the side party that the markets had for Apple on Wednesday. Apple gapped up […]