Economics And Finance
Economic Downturn Could Cost Five Million U.S. Jobs (#GotBitcoin?)
Economic output seen shrinking by as much as $1.5 trillion with recession all but certain. Economic Downturn Could Cost Five Million U.S. Jobs (#GotBitcoin?) The fallout from the coronavirus outbreak is expected to have a significant negative impact on U.S. economic prospects, with predictions emerging for losses of up to…
Consumers Face A Massive Credit Crunch. Lenders Are Still Figuring Out What To Do (#GotBitcoin?)
Out-of-work customers could miss loan payments and suffer plunging credit scores; lenders and credit-reporting firms are being asked to help. Consumers Face A Massive Credit Crunch. Lenders Are Still Figuring Out What To Do (#GotBitcoin?) U.S. consumers are facing what could become the biggest credit crunch since the Great Depression.…
Investors Create Cash Shortage As They Sell Everything From Treasurys To Gold (#GotBitcoin?)
A rush for cash shook the financial system Wednesday, as companies and investors hunkered down for a prolonged economic stall, taking the recent market turmoil into a new, more troubling liquidation phase. Investors Create Cash Shortage As They Sell Everything From Treasurys To Gold (#GotBitcoin?) Investors sold nearly everything they…
Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says
Amid some notable recovery of Bitcoin (BTC) after a number of subsequent market crashes last week, billionaire investor Tim Draper delivered another optimistic forecast about Bitcoin. Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says In a March 16 interview with 415 Stories podcast, Draper outlined decentralization…
JPMorgan Sees Negative GDP Growth In Addition To Negative Interest Rates (#GotBitcoin?)
An economic slowdown is inevitable in the face of the fast-spreading coronavirus, but the U.S. will eventually avoid a technical recession, JPMorgan economists said. JPMorgan Sees Negative GDP Growth In Addition To Negative Interest Rates (#GotBitcoin?) As the outbreak situation continued to worsen, JPMorgan slashed its forecast for U.S. and…
All $11.5 Trillion Of Stock Market Gains Wiped Out Since Trump 2016 Election Victory (#GotBitcoin?)
Thursday's massive sell-off has erased any remaining stock market gains made since President Trump's 2016 election win. All $11.5 Trillion Of Stock Market Gains Wiped Out Since Trump 2016 Election Victory (#GotBitcoin?) * Thursday's Steep Sell-Off Erased All Remaining Gains Made In The Stock Market Since President Trump's 2016 Election…
QE4 Begins: Fed Cuts Rates, Buys $700B In Bonds; Bitcoin Rallies 7.7%
The Federal Reserve decided it had to act quickly and severely to cut rates on Sunday, slashing the target fed fund rates — the interest depository institutions charge one another overnight for reserves — to between 0.0 and 0.25 percent. QE4 Begins: Fed Cuts Rates, Buys $700B In Bonds; Bitcoin…
Amid Market Downturn, Number of People Owning 1 BTC Hits New Record (#GotBitcoin?)
Amid the ongoing crypto market decline, the number of crypto wallets containing one Bitcoin (BTC) or more continues to rise. Amid Market Downturn, Number of People Owning 1 BTC Hits New Record (#GotBitcoin?) According to major blockchain analytics firm, Glassnode, the number of Bitcoin addresses holding one or more bitcoins…
Companies Are Drawing Down Their Credit Lines And What You Need To Know (#GotBitcoin?)
Companies are starting to draw down credit facilities. Companies Are Drawing Down Their Credit Lines And What You Need To Know (#GotBitcoin?) While the drawdowns are a precautionary move, they raise a big risk for investors battling through the coronavirus selloff in the stock market. It is what is known…
Fatburger And Others Feed $30 Million Into Ethereum For New Bond Offering (#GotBitcoin?)
As the financial world tries to keep pace with the current digital age, many enterprises have begun to incorporate blockchain, the technology popularized for powering cryptocurrency’s largest asset, bitcoin. Fatburger And Others Feed $30 Million Into Ethereum For New Bond Offering (#GotBitcoin?) [caption id="attachment_16636" align="aligncenter" width="600"] FAT Brands Is Conducting…
Ultimate Resource On Insider Trading
CEOs are departing in droves. Also, America’s corporate insiders along with politicians dumped shares at record levels. Bad news for the stock market. Ultimate Resource On Insider Trading * CEOs Are Departing In Droves. * America’s Corporate Insiders, Which Include Chief Executives, Dumped Company Shares At Record Levels. * One…
Stock-Buyback Plans Shrink (Once A Pillar Of Support For Stocks) (#GotBitcoin?)
The new coronavirus may threaten companies’ buyback plans—though a down market could also create a buying opportunity. Stock-Buyback Plans Shrink (Once A Pillar Of Support For Stocks) (#GotBitcoin?) Planned buyback authorizations are at the lowest level in three years U.S. corporations are signaling a reduced appetite for stock buybacks this…