In the era of #MeToo and economic fallacies, we are routinely told that there is a gender pay gap, and reasons for this are due to sexism and the patriarchy. Yes, others roll their eyes, too. A new study by researchers at University of Chicago, Stanford University, and Uber’s own economic team discovered a gender […]
Archives for February 2018
Ron Paul: What the FBI/FISA Memo Really Tells Us About Our Government
By: Ron Paul The release of the House Intelligence Committee’s memo on the FBI’s abuse of the FISA process set off a partisan firestorm. The Democrats warned us beforehand that declassifying the memo would be the end the world as we know it. It was reckless to allow Americans to see this classified material, they […]
Safe haven asset? Bitcoin recovers from $6k amid pre-market plunge
Bitcoiners have argued for a long time that the peer-to-peer decentralized digital currency is a dependable safe haven asset when the market crumbles. With the Dow Jones plummeting 666 and 1,100 points during the last couple of trading sessions – and futures down by as much as 350 points on Tuesday – the theory has […]
REPORT: U.S. banks shut down 1,700 branches, largest drop in history
When was the last time you walked into a brick-and-mortar financial institution? In an age of mobile applications, digital banking, and a wide array of other technologies to make banking easy, it seems banks are closing down these outlets across the country. Citing U.S. government data, The Wall Street Journal is reporting that the number […]
VIX surges, U.S. trade deficit widens, U.S. dollar gains – 3 market trends to watch
In addition to the immense sell-off of the last couple of trading sessions, there are other key market trends to watch for on Tuesday. Let’s take a look at them: First, the CBOE Volatility Index, also known as the VIX, has surged above 50 for the first time since the economic collapse nearly a decade […]