More than a year ago, I predicted, much to the disbelief of everyone, that BTC prices would plunge, after an initial run-up, when the first BTC ETFs started trading. Most BTC predictions, based upon expectations … Read more
ASIA: China’s five major state-owned banks have adopted a slew of measures to ease the residential mortgage burden for individual borrowers affected by the COVID-19 epidemic. These steps include postponing mortgage repayments, extending repayment periods, … Read more
There’s a new Zoltan Pozsar of Credit Suisse report out… and he starts off by saying: …you can print money, but not oil to heat or wheat to eat. I’m so glad because this rather … Read more
U.S. stocks were mixed Friday, with major indexes on track for weekly losses as investors continued to digest the Federal Reserve’s plans to aggressively raise interest rates and shrink its balance sheet with key inflation … Read more
Did Goldman Sachs destroy a persistent myth about investing in stocks? Sam Ro recently suggested such was the case for the “sacred CAPE ratio.” So, what is the persistent myth that is no more? “While valuations … Read more
Rentals are soaring across the US to unsustainable levels. Gone are the days when people stuck to the tradition of spending less than one week of income on housing. According to a Rent.com report, the national … Read more
In a stunningly convenient announcement, House Speaker Nancy Pelosi has tested positive for COVID-19, thereby postponing her trip to Taiwan after China threatened retaliation for trying to turn Taiwan into the next Ukraine. Pelosi’s top staffer just … Read more
Extreme Investor Network has partnered with sentimenttiming.com to bring you stock Market Trading Advantages. Futures are up this morning but right at a resistance zone 4515/4530 /es. If the bulls can push above that resistance zone, … Read more
Fiscal 2023 guidance appears ‘unattainable,’ creating a risk that the drugstore chain’s equity may have no value Shares of Rite Aid Corp. plunged toward a 2 1/2-year low Thursday after Deutsche Bank analyst George Hill … Read more
The Fed released its meeting minutes from March yesterday. The highlights are: 1) The Fed will likely begin raising rates by 0.5%, instead of 0.25% sometime this year. 2) The Fed will begin shrinking its … Read more