A recent discussion has sparked a debate about what it truly means to be financially stable. While markets seem to be on a steady rise, with the New York Fed president hinting at potential rate cuts, one strategist has shifted the focus to a more pressing issue: the real cost of living in America.
MicroStrategy, the big company that owns a lot of bitcoin, didn't buy any last week. This is unusual because they usually buy some every week. The last time they bought was six weeks ago. They have 649, 870 bitcoins now. They bought each one for about $74, 433. The company is not doing well. Its st
Missouri is gearing up for a major change in its sports scene. Starting December 1, people in the state will be able to bet on sports legally. This is a big deal because it means more choices for bettors and a lot of competition among companies. Experts think FanDuel and DraftKings will be the big
Prices are going up, and it's not just a small increase. They're climbing at a speed that's making life harder for many people. An expert in economics has pointed out that this affordability crisis could have been avoided. The expert shared some numbers that show how bad it is. In September, prices
The crypto world saw some big action this past week. Let's break it down. First up, a Bitcoin whale made a huge splash. Owen Gunden, an early Bitcoin investor, sold off his entire stash. That's right, he cashed out a cool $1. 3 billion worth of Bitcoin. He's been holding onto these coins since 2011
Crypto is a hot topic in Congress right now. With less than 40 days left in the year, lawmakers have a lot to tackle. They need to confirm new leaders for financial agencies and figure out how to regulate the crypto market. The Senate has been busy. They just advanced Mike Selig's nomination to lea
Japan is making some big changes to how it handles cryptocurrency. The Financial Services Agency (FSA) is working on a plan to treat digital assets like Bitcoin and Ethereum as financial products, similar to stocks and investment funds. This change could happen as early as 2026 and would bring a fla
Blue Owl Capital is thinking about bringing back a plan to combine two of its private credit funds. This comes after they had to stop a similar plan last week because investors weren't happy. The main reason for the merge is to give shareholders a way out and cut costs. But, it's not a done deal yet
A well-known market strategist, often called a "perma-bear, " has been ringing alarm bells about the current AI-driven market boom. He thinks we're ignoring the signs of a potential crash, much bigger than the one in 2008. He's not alone in this view, but his predictions haven't always been right in
The market is acting a bit odd lately. Some big indexes are showing signs of trouble under the surface. This is a good time to think about how to check the market's health. A simple way to do this is by looking at three things: the trend, the volatility, and the breadth. First, the trend. The S&P 5
