Yesterday was another tough day for the markets, as worries about inflation led to big declines in the stocks of major retailers like Target. According to Federal Reserve Chairman Jerome Powell, the Fed is committed to tackling soaring inflation by further raising interest rates. The problem (which Powell doesn’t want to admit) is that the [Read More] …
Here’s What I’m Doing With My Money During the Crypto Market Downturn
Will the Crypto Markets Ever Be the Same Again? My landlord, Peter, is upset. The crypto market has been too cruel to him of late. “Cryptocurrency will never be where it was before,” he insisted in a recent text message to me. His anger is understandable. Bitcoin is down by more than half from its [Read More] …
I Think I Need to Sue My Son…
Why I’m Disappointed About Turning $200 Into $2,300. It seems to me I have every right to sue my son. Hear me out. What he did to me is beyond the pale. Sure, I mean, it’s my fault at the end of the day, but I am certain that in the American legal system as [Read More] …
What’s Behind the Pictures? The Truth About NFTs
Why Non-Fungible Tokens Are the Future of Investing “How you feelin’ right about now?” my friend asked sarcastically in a FaceTime chat last week, a Cheshire Cat grin beginning to creep across her blonde-framed face. I knew what she was fishing for. She wanted me to tell her how upset I was that cryptocurrencies have [Read More] …
Weekly Digest: China Takes a Big Step Toward the Metaverse Future
Plus, a New Twist in China’s Position on Bitcoin Welcome to your Sunday digest…my breakdown of the things we’re thinking about and talking about in the Global Intelligence world. It’s been a difficult week for the stock and crypto markets. In yesterday’s column, I offered my detailed analysis on what’s happening and why. So, in [Read More] …