Winners and losers from rampaging USD The US dollar has soared to 20-year highs this year as a ‘safer haven’ and with the hawkish Fed pivot, breaking key levels vs EUR, GBP, JPY. Have likely seen most of the US dollar strength, but any reversal will be slow. …

Bitcoin drops to $34K amid stock market sell-off TRON and Algorand add more than 20% Bitcoin fell to $34K over the weekend, after the biggest interest rate rise in more than twenty years sent both the stock and crypto markets plummeting. In the fateful Federal Reserve meeting on Wednesday, Jerome Powell pledged not to hike interest rates to 0.75%, prompting a brief relief rally to…

When it comes to high-energy entrepreneurs, no one can top Elon Musk. At the age of 50, the world’s richest man is also the world’s most successful when it comes to starting up and growing tech companies. It can be difficult to keep up with Musk’s expanding portfolio of companies…

Valuation pressures are still high Near 3% US 10-year bond yields have a lot to answer for, slashing the value of future cash flows and driving the stampede from expensive stocks, like tech. This has been worsened by no offsetting earnings pickup and with valuations starting high. Unfortunately, our ‘fair…

TRON adds 9% as Bitcoin stagnates below $40K Crypto market wavers as Wall St. and sovereign states embrace Bitcoin April proved to be a cruel month for Bitcoin, which finished with 16% losses on Saturday after continuing to track stock market turbulence. Much of the downside was attributed to weak earnings from big tech firms, including Amazon and Google’s parent company Alphabet. Nevertheless, Bitcoin is holding up well compared…

A look at the major events in one of the largest cryptocurrency lawsuits currently in the courts Perhaps the biggest lawsuit in the history of the crypto world is playing out right now in U.S. courts as Ripple Labs fights off a major civil lawsuit from the SEC. As the lawsuit enters its second year, now is a good time to examine the major events in the…

Strong capex growth a key earnings driver Company investment ‘capex’ plans are key to earnings’ growth and the economy. Commodities and tech sectors lead big 18% US capex growth. Has many drivers from strong demand to prior underinvestment, need for efficiencies, and carbon transition. Is a big antidote to recession…

ApeCoin up 40% as Bitcoin lingers at $40K ApeCoin DAO’s token up double figures as Zcash and Curve make double-digit gains Altcoins have seen another action-packed week as Bitcoin continues to cling to $40K. The largest cryptoasset briefly moved higher last Thursday, hitting almost $43K before falling as Federal Reserve Chair Jerome Powell said that aggressive interest rate hikes will be “on the table” for the next big Fed meeting in…

In a few weeks, Russia saw a dramatic dip in its currency only to recover a short time later. How was this possible? You may be shocked to see the ruble recover the way it did. After all, pretty much every country in Europe along with the United States dropped the proverbial hammer on the Russian Economy. So how was the ruble able to bounce back from such a steep drop? …