Fed Chairwoman, Janet Yellen, has raised interest rates for the last time under her tenure. This is the 5th time interest rates have been raised under Yellen. For that matter, this is the 5th time interest rates have been raised since the financial … [Continue reading]
The Bitcoin futures market is now open and the bitcoin mania continues by hitting an all-time high over $17,000 per BTC! Is this the next tulip bubble from Holland in the 1600’s?
The Bitcoin futures market is now open! What does this mean for Bitcoin now that people have the ability to short it? If you look at a chart of Bitcoin it literally goes straight up! How long will this bitcoin bull market continue? In a two week … [Continue reading]
The fall of Matt Lauer and the rise of Bitcoin! Also, the FED is thinking about making its own cryptocurrency!?
More sexual allegations have come out and the latest person to fall and be fired is the long time “Today” co-host, Matt Lauer. Every day it seems like there’s someone else! Also, Janet Yellen fears a boom and bust if we don’t stay ahead of inflation … [Continue reading]
What to make of the Republican tax bill. The good, the bad, and the ugly.
The House has passed their version of tax reform and now the senate is working on their version of the bill. Will the republicans get a bill through by year end? This bill has gotten a lot of criticism from the media now don’t get me wrong this bill … [Continue reading]
Who holds more U.S. Treasuries than anyone else? Hint: It’s not China…Also, new Fed Chairman Powell is just more of the same and will continue the destructive policies at the FED!
Most people think that China is largest holder of our debt and so everyone is very worried about China and if they decide to dump U.S. treasuries. But China isn’t the largest holder of U.S. Treasuries, it’s the Federal Reserve! They own more than … [Continue reading]
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