Markets this week provided inklings of a potentially far-reaching Critical Juncture. Before this is over, astonishing amounts of perceived wealth will have vanished into thin air. Tens of millions of unsuspecting “investors” will lose meaningful amounts of their savings. They bought into the mania, threw caution to the wind, and will suffer the consequences. Blindsided.
FEEDYou’d think I’d be tired of charting by Friday night, but nope, chart fatigue never really sets in. I was looking at crypto charts, even though I haven’t touched crypto in three months, and I saw something very excited that I want…
Worries over post-COVID demand and rising interest rates have fueled a market selloff, with pandemic stocks hit particularly hard.
The post Seeing Red: Is the Heydey of Pandemic Stocks Over? appeared first on Visual Capitalist.
Surely the Fed gods will affirm the cult’s most revered articles of faith. But false gods eventually fail, even the Fed.
I have looked at literally millions of charts in my life, and with the exception of leveraged bear funds, I have seriously never seen a chart in my life that was as consistently a loser as HOOD:
Organizations which tied their fortunes to the crypto-verse are melting away:
Over 70 percent of video game workers claim their studios have no interest in integrating cryptocurrency payments or NFT mechanics into their games. This is the result of the annual State of the Game Industry survey by the Game Developers Conference (G…
The Powell FOMC has lost all credibility when it comes to financial markets or managing inflation.
After massive gains during the first stages of the Covid-19 pandemic, net paid subscriber growth at Netflix took a hit in 2021. The latest quarterly results exceeded expectations, but when comparing to 2020’s Q4 subscriber additions, the 8.28 million a…
In the first half of January, an estimated 8.8 million U.S. workers had to stay home due to being infected with Covid-19 or caring for someone who became infected. This is not only an increase of over two million people year on year, but also the bigge…
