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I’d rather get my news from the Bloomberg terminal than anywhere else. But in reality, it’s simply populating that content from other places. With only 46 days left until the presidential election...
My father, a vegetable farmer in western Washington, was permanently affected by the Great Depression. For millions of Americans during those tough times, my father really learned how to pinch a...
Gold and silver both rampaged to record highs on Wednesday. Gold is well over $2,000 an ounce, and silver bolted past $27. Now, many are ready to call the top. To which I say “fat chance!” Gold...
It’s time to tell the truth: Billionaires are not like the rest of us. To their credit, they think and act differently. Source: Daily Express Elon Musk saw his net worth soar...
The banks are in trouble. With 22 million Americans out of work and unable to pay their bills, banks are seeing delinquencies rise. And banks with more exposure to high-risk loans are really...
Restaurants and retailers all over the country have stopped accepting cash. And you can blame COVID-19 for this rapid shift away from paper to plastic. On Friday, Techcrunch reported that Google...
These are desperate times. A global pandemic is unmooring economies and ravaging healthcare systems. Calls for desperate measures are rising. On Tuesday, the White House coronavirus task force...
When stocks, commodities, currencies and even investment-grade bonds plunge like they did today. Or … When pro traders look at their Bloomberg terminals and yell out in unison, “Oh my God! The...
When nearly all else fails, Bitcoin (BTC, Rated “A-”) could among the last things standing. It is not connected or correlated to stocks in any way. It does not rely on the financial stability...
One of the biggest issues with the coronavirus outbreak and its effects on the market is that, unlike past crises, this one started as a medical issue rather than a financial one. I’m going to...