Despite beating analyst expectations, Facebook shares plummeted after it revealed a drastic rise in expenses in its fourth quarter earnings—as experts warn that mounting regulatory scrutiny and decelerating revenue growth could continue to negatively impact the stock. more...
Momentum could be building for digital currencies in 2020, driven by the prospects of sound regulation of virtual asset service providers and Bitcoin halving. more...
What good will your 2019 resolutions be if you don’t know what’s coming at you next year no matter what? People in my line of work are fascinated by predictions...but as Yogi Berra once said: “Prediction is very hard, particularly when it’s about the future.” more...
The biggest problem for the global economy in 2019 will be massive business failures. Perhaps bank failures, too. On the demand side, the end of free money will make it difficult for consumers to take on more debt. On the supply side, it could push low-profit business off the cliff. Simply put, the end of free money is setting the global economy into a vicious cycle of slower growth. ...
US Stocks Make A New High, Euro Defies Reality And The Aussie Rejects The Top Of The Box It's tough to be a bear in US stocks at the moment and equally almost boring to be announcing marginal new highs almost every other day. Such was the case as the Dow and S&P 500 set new all-time closing highs again on Friday. However marginal this new highs might be the reality is that Janet Yellen by saying this week that she didn't believe the data has made a remarkable ...