By SIMON CONSTABLE
While unemployment ballooned and the global economy collapsed in the months following the onset of the COVID-19 pandemic, an odd thing happened: Wall Street surged. The stock market rose to record levels, relatively new asset classes such as cryptocurrencies headed to the moon, and individual investors had hedge fund managers reeling. Read more here.
Photo by Patrick Weissenberger on Unsplash
By SIMON CONSTABLE
Last year, while bitcoin prices were booming so was crypto-related fraud.
In the U.S. alone 82,135 crimes involving cryptocurrencies such as bitcoin, ethereum, and other digital currencies got reported. Read more here.
Photo by Pierre Borthiry on Unsplash
By SIMON CONSTABLE
Just when we all thought the end of the pandemic was in sight comes a piece of shockingly bad news for Spain, Britain, and the rest of Europe. Read more here.
By SIMON CONSTABLE
The largest share of that haul, 58%, went into funds that specialize in bonds, both taxable and municipal. Read more here.
By SIMON CONSTABLE
Germany’s epic recession maybe closer to ending than you think.
The largest economy in Europe has been contracting for well over a year, but leading indicators show that businesses are beginning to bounce back with some vigor.
Read more here.
By SIMON CONSTABLE
Shares of copper mining company Antofagasta look set to deflate because of a political lurch to the left in Chile, raising the possibility of higher taxes on resource companies. Recent drops in the price of copper aren’t helping either. Read more here.
