Well, it looks like Melinda Gates may have refrained from taking the coronavirus vaccine. Bill and Melinda Gates announced that they are ending their marriage after 27 years. The billionaire couple announced in a statement: Since he has been declared as The Expert in absolutely everything under the sun, the very one he wants to […]
Money
Bank of America warns of ‘transitory hyperinflation ahead’
Is the United States about to go through hyper-inflation? The Bank of America recently unveiled a stunner during its earnings call that suggested the nation is in store for “transitory hyperinflation.” The financial institution wrote: “On an absolute basis, [inflation] mentions skyrocketed to near record highs from 2011, pointing to at the very least, ‘transitory’ […]
Thanks Trump? Biden’s first 100 days deliver 25% return for S&P 500
Thanks Trump? President Joe Biden had a superb first 100 days in the White House since the Second World War, at least from the perspective of the financial markets. According to the Business Insider, S&P 500 returns were 25 percent, beating the previous record of 20 percent controlled by former President John F. Kennedy. President […]
80% tax for bitcoin? Reports suggest new regulations coming for crypto market
Are new regulations coming for bitcoin? Analyst Charles Gasparino wrote in the New York Post on Saturday warned that the $2 trillion cryptocurrency market could face some “serious regulations that will quash exuberance over crypto. “Ask Wall Street’s C-suite types about cryptocurrencies, and they all admit they’re getting into them one way or another. But keep […]
Despite calling it fraud, JPMorgan Chase to let clients invest in a bitcoin fund
Wall Street’s love affair with bitcoin is continuing as more and more financial institutions try to tap into the crypto realm. The latest? JPMorgan Chase. One of America’s biggest banks will let clients invest in a bitcoin fund for the first time. It could happen as early as this summer. It will be actively managed […]