Here is what you need to know on Thursday, August 11: Equities Looks like the rally may be finally running out of steam as gains are harder to come by this morning. No surprise as the Nasdaq is up over 20% from its low. People are streaming but not dating if the latest results from… Read More »
Here is what you need to know on Monday, August 8: Equity markets are on hold really until Wednesday’s Consumer Price Index (CPI). Given that macro narratives are what has been driving the market of late, expect that number to either give the rally the kiss of death or breathe new life into the dovish… Read More »
Bitcoin is significantly undervalued, according to several analysts. Getty Bitcoin is currently trading at a substantial discount, according to Bloomberg Intelligence senior commodity strategist Mike McGlone. He provided this assessment as the digital currency, the most valuable in terms of market value, has been stuck below $25,000 since June, TradingView data shows. McGlone relied on… Read More »
