Bitcoin is useless as a payment mechanism. It is not a store of value despite such promotion. Tom McClellan found a use. Other than speculation, what precisely is Bitcoin good for? Tom McClellan at McClellan Financial proposes using Bitcoin as a measure
January 25, 2018
Sales of previously owned homes decreased in December 2017, as low inventory is limiting the choice of prospective buyers and keeping price growth elevated. Again, unseasonably cold weather also accounted for a bit of the downfall. December Existing Home Sales
I haven’t pulled away from my thesis that Bitcoin (BTC.X) is likely heading lower in the short-to-intermediate time frame. There is so much emotion in the crypto-currencies and largely that is because many, if not most, of the traders in
via Wikimedia Commons Intel Corporation (Nasdaq: INTC ) released its latest earnings report after closing bell tonight. Intel earnings came in at $1.08 per share on an adjusted basis, smashing the consensus estimate of 87 cents per share. Intel’s Q4
The US dollar was swooning this morning, and stocks were in a light rally. The cause of this was the ongoing policy of the Trump Administration for a weaker dollar. The weak dollar increases the price of imports, and decreases
Donald Trump as he is wont to do flipped the FX market around with one single statement that he was in favor of a strong dollar. The greenback which was getting pounded all day long suddenly found a bid and
Continued from Part 1: The Remarkable Early Years Of Warren Buffett. What springs to mind when you think of legendary investor Warren Buffett? For some, it’s his humble Omaha origins or his long-lasting obsession with Coca-Cola. For other people, it’s
Top tickers for end of the day, January 25
In a rather blunt language, the ECB President Mario Draghi calls the American Secretary on the carpet for breaking an international understanding in its pursuit of a weaker dollar. The ECB has a major headache because of the shift in
Dollar Is Crashing? Manufacturing is being helped by the declining dollar. As you can see from the chart below, the dollar has been in a one way path downwards. The DXY hit a 37 month low as it’s down against
