Economics And Finance

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…

U.S. Workers Put In 53 Weeks In A Year Just To Maintain “Middle Class” Lifestyle (#GotBitcoin?)

A new study by Oren Cass at the Manhattan Institute confirms that a 52 week year just doesn't cut it for the average American worker looking to simply make a "middle-class" life for themselves. U.S. Workers Put In 53 Weeks In A Year Just To Maintain "Middle Class" Lifestyle (#GotBitcoin?)…

The Week That Wiped $3.6 Trillion Off The Stock Market (#GotBitcoin?)

U.S. stocks were at record levels just last week, seemingly unaffected by fears that the coronavirus could dent the global economy. Then reality took hold. The Week That Wiped $3.6 Trillion Off The Stock Market (#GotBitcoin?) When the S&P 500 closed at a record on Feb. 19, American stocks seemed…

TD Ameritade, Schwab, Vanguard And Fidelity Suffer Brief Outages On Busy Trading Day (#GotBitcoin)

Customers had trouble accessing online accounts as stocks dropped. TD Ameritade, Schwab, Vanguard And Fidelity Suffer Brief Outages On Busy Trading Day (#GotBitcoin) Customers of Vanguard Group and Fidelity Investments had trouble accessing online accounts on Friday morning, angering investors who couldn’t trade as stock markets fell. This week’s market…

Federal Deficit Attention Disorder Or #FDAD(#GotBitcoin?)

We’ll Be $1 Trillion in the Red in 2020. No Big Deal! Federal Deficit Attention Disorder #FDAD (#GotBitcoin?) The U.S. has its own kind of attention deficit disorder: We don’t pay attention to the deficit. When word got out that the federal deficit is poised to surpass $1 trillion this…

Trump To Propose $4.8 Trillion Budget With Big Safety-Net Cuts (#GotBitcoin?)

White House seeks savings through curbs on Medicare, Medicaid while boosting funds for military, veterans. Trump To Propose $4.8 Trillion Budget With Big Safety-Net Cuts (#GotBitcoin?) President Trump is expected to release a $4.8 trillion budget Monday that charts a path for the start of a potential second term, proposing…

Treasury Identifies Top Vulnerabilities In U.S. Financial System (#GotBitcoin)

A lack of a requirement to disclose companies’ beneficial ownership is one key issue. Treasury Identifies Top Vulnerabilities In U.S. Financial System (#GotBitcoin) The lack of requirements to disclose a company’s beneficial ownership information is one of the top vulnerabilities in the U.S. financial system, the U.S. Treasury Department said…

New Risk To World Economy: Synchronized Housing Slowdown (#GotBitcoin?)

Global growth in home prices slows as world-wide residential investment continues to decline. New Risk To World Economy: Synchronized Housing Slowdown (#GotBitcoin?) Housing markets across the world, from the U.K. to China to Australia, are losing steam, holding back prospects for the global economy that last year grew at its…