By SIMON CONSTABLE
China is proving that government actions anywhere have the power to destroy cryptocurrencies. It adds to a series of black eyes for bitcoin and other cryptocurrencies. Read more here.
Photo by Dmitry Demidko on Unsplash
Wednesday, May 26, 2021
Monday, May 10, 2021
WSJ: What is a Market Breakout?
By SIMON CONSTABLE
Sometimes Wall Street pros refer to an event known as a “breakout.” For those unfamiliar with the term, here is what it means and why it matters to investors. Read more here.
Friday, April 30, 2021
Korn Ferry: Germany -- The Issues Beyond COVID
By SIMON CONSTABLE
They are headlines that no one can miss—Europe’s continued problems with its vaccine programs. But experts say that the continent’s biggest economy, once well lauded, has quietly developed a different set of economic ails. Read more here.
Photo by Christian Wiediger on Unsplash
Forbes: Corporate Virtue Signaling Could Be Elevating Housing Costs
By SIMON CONSTABLE
Virtual signaling by corporate executives may be causing the cost of housing to skyrocket. It is yet another example of the law of unintended consequences.
The case in point is the supersonic rally in the price of lumber over the last few months, which came despite the seemingly ample supply of trees. Read more here.
Photo by Gennifer Miller on Unsplash
Thursday, April 29, 2021
Forbes: ETF Investors Dump $17 Billion Of Gold, Most In 8 Years
By SIMON CONSTABLE
Wall Street seems to have gone cold on gold exchange-traded funds.
ETF investors investors dumped the most volume of gold since 2013 over the six months through March 31. It was no small quantity. The total sold amounted to a whopping 307.8 metric tons worth $17.5 billion at recent prices, according to a recent report from industry group World Gold Council. Read more here.
Photo by Jingming Pan on Unsplash
Forbes: A Monster Corn Rally Likely This Summer
By SIMON CONSTABLE
Better stock up on corn flakes while you can still afford them.
An exceptionally weak harvest in Brazil and a likely U.S. drought this year should propel corn prices even higher by the end of the year. Read more here.
Photo by Andre Ouellet on Unsplash
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