Alright, now they’ve done the unspeakable. In an effort to stabilize the markets in the face of the crippling economic impact of the fight against COVID-19, one country has done something rather rash… Of course, neither you nor I are currently trading on the PSE so this probably has little […]
Ok. Last week was totally nuts. But this week, will probably be a lot crazier. Until now, we’ve basically been flying blind as far as what the impact on the virus on the economy has been. Now, we’re just starting to see the numbers… and they’re pretty ugly. A reduction […]
Paraskevidekatriaphobia, like opening an umbrella in the house, breaking a mirror, or seeing a black cat might be an irrational superstition but as a trader it always pays to avoid bad luck. Just a Minor Correction What seems most amazing about the historic action we’re seeing in the […]
“This is not a financial crisis.” -President Donald J. Trump (yesterday) The President and many pundits keep saying that the economy is healthy and this is temporary but the medical professionals I’ve heard from are saying that this is only the beginning. Already by this time, life on this planet has […]
Reduce physical contact. Reduce travel. Don’t attend large gatherings. If you feel sick, stay at home. Wash your hands. These are some of the top advice from experts to reduce the spread of coronavirus. In some places where the affects are particularly rough, a full neighborhood or city might go […]
President Trump, along with Congress, did a good job of calming people down on Friday afternoon by ensuring the public that they’re ramping up production of Coronavirus test kits but progressions over the weekend have been way too much for the markets to fathom. Expect another Trump press conference in […]
“The only thing we have to fear is fear itself.” -FDR (March 4th, 1933) In his landmark speech, almost exactly 87 years ago to the day, Franklin Delano Roosevelt called for “an end to speculation with other people’s money” and the “provisions for an adequate but sound currency.” Watching the speech […]
Let’s start off today with some good news. Wait, perhaps this isn’t good news… it’s fantastic news. Remarkable really!! When a client or journalist would asked me in 2017, what I thought would bring the next wave of crypto adoption my response without hesitation was always India. The urgency and […]
Microsoft, Google, Adobe, and Facebook have all announced new Coronavirus casualties, along with the world’s biggest mobile phone show, the Game Developer’s Conference, and now Korea’s League of Legends Champions have all cancelled, postponed, or re-branded their conferences into online events. Still unclear if the Tokyo Olympics or the annual […]
Images of barren shelves have been flooding in over the weekend. As it seems, some consumers are getting Coronavirus fever and rushing out to stock up on staples. In an effort to gauge the impact of the panic, I put out a post on social media last night asking for people to […]
