January 16, 2020
A recent bearish and contrarian call came as a surprise to many on Wall Street — because it comes from a longtime stock bull. “The one thing that people are kind of missing out [on] here is that earnings in the United States are still …
January 15, 2020
Modern Monetary Theory, MMT, is an economic idea that has found support with progressive politicians such as Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez. The principle behind MMT is that the government can print more money to pay for …
January 14, 2020
Bridgewater Associates LP recently took a $1 billion position that markets will tumble by March — right around the time the Democratic Party has settled on a candidate for 2020. This bet is one of the biggest bearish bets against the market. To …
January 13, 2020
Did you know that twice as many people leave New York City daily than they did a year ago? More than 277 people leave New York City every day, or, an average of 101,105 people annually. This is the highest daily exodus in the country. Just 201 …
January 10, 2020
One of the main developers of Libra, Facebook’s proposed cryptocurrency, sees Bitcoin — a potential competitor to the Facebook project — as a store of value, perhaps, but not a way to spend money. “I don’t think of Bitcoin as a …
January 9, 2020
Few figures in the economic sphere have a reputation that precedes them as much as Alan Greenspan, the chair of the U.S. Federal Reserve from 1987 to 2006. Now, the former Fed chief is giving his opinion on digital currencies such as Bitcoin. …
January 8, 2020
Wealthy inequality is a hot button issue in the United States. Many of the 2020 Democratic presidential candidates have already weighed in on the subject. Now JPMorgan Chase CEO Jamie Dimon offered his opinion during an interview with “60 …
January 7, 2020
Investors with significant wealth were asked their opinions concerning what shape the economy will take in the future in a recent survey by Swiss multinational investment bank and financial services firm UBS. A majority of the investors surveyed …
January 6, 2020
The holiday season, while wonderful, is also a time of acute stress. One of the principal causes of this stress is the fear of going into financial debt over holiday spending. Nobody wants to be the person who spread themselves so thin that they …
January 3, 2020
Getting medical care is expensive in the United States. More than $3.5 trillion was spent on healthcare services in 2017. That averages to $10,700 for every patient. About 71% of all medical expenses are mitigated via private and public health …
