Legendary investor George Soros joined a chorus of well-known investors calling bitcoin a bubble this week, making his remarks in a speech at the World Economic Forum in Davos, Switzerland Thursday. "Cryptocurrency is a misnomer and is a typical bubble, which is always based on some kind of misunderstanding," the financier and founder of the $26 billion Soros Fund Management said. "Bitcoin is not a currency because a currency ...
Overall nationwide consumer prices in Japan gained 1.0 percent on year in December, the Ministry of Internal Affairs and Communications said on Friday. more...
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The Tokyo stock benchmark remains in the robust uptrend channel which has contained trade since October 27 last year. That channel encompasses this week’s rise to new 26-year highs. Incidentally that rise seems to have validated a channel top which, without it, might have looked a little spurious. November 9’s intraday high used to mark not only that channel top but the only foray toward it since the formation was initiated. However, January’s ...
Claude Monet (1840-1926) The Luncheon