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“Thanks to Biden, you can’t heat (or buy, or rent) a home” Bidenomics has hit another ugly milestone. In 2021, for the first time ever (per Census data analyzed by Zillow), the annual dollar growth in the value of a typical home was bigger than the inflation-adjusted median pre-tax income of a full-time American worker. …
” Bitcoin beats owning COIN stock by 20% since Coinbase IPO “ Buying a Coinbase stock (COIN) to gain indirect exposure in the Bitcoin (BTC) market has been a bad strategy so far compared to simply holding BTC. Notably, COIN is down by nearly 50% to almost $186, if measured from the opening rate on…
“Biden’s debt deception and more” Diary of disturbing disinformation and dangerous delusions This statistic: “The United States has produced more barrels of oil a day under Biden’s leadership than it did under Trump’s.” – New York magazine, March 13 We say: Lies, damn lies and . . . left-wing media reports. New York magazine compares…
“Looming food shortages is world’s next ‘slow-moving disaster’” Food prices are already skyrocketing. Some — a lot — of this comes from inflation caused by runaway government spending over the past two years. Some is from supply-chain issues. But a new problem is rearing its head, and government officials seem as likely to make it worse…
” ETH derivatives show pro traders are worried about Ethereum’s $2.5K support “ Ether (ETH) investors are having a rough time in 2022, with ETH accumulating 25% losses year-to-date as of March 17. Still, the cryptocurrency has bounced multiple times near $2,500 over the past couple of months, signaling a solid support level. Ether/USD price…
“Canada’s inflation rate hits a three-decade high” Politics Insider for Mar. 17: How the war in Ukraine could impact your grocery bill; Anita Anand preps an increase in military spending; an exclusive chat with Pierre Poilievre Welcome to a sneak peek of the Maclean’s Politics Insider newsletter. Sign up to get it delivered straight to your inbox in the morning. Rising…
” Bitcoin bulls to defend $40K leading into Friday’s $760M options expiry “ Over the past two months, Bitcoin (BTC) has respected a slightly ascending trend, bouncing multiple times from its support. Even though that might sound positive, Bitcoin’s performance year-to-date remains a lackluster negative 14%. On the other hand, the Bloomberg Commodity Index (BCOM)…
“Fed Reserve raises interest rates in bid to tame inflation” The Federal Reserve raised interest rates by 0.25% on Wednesday after a two-day policy meeting — the first time since 2018 that the central bank has hiked rates in an effort to get inflation under control. The Fed also indicated it will raise rates several…
“The Fed must raise rates to choke off the inflation it created” Jerome Powell could begin to fix the mess he helped create even if it might upset the markets for a bit. He could raise short-term interest rates higher than investors have priced in and announce that inflation is so bad that the Fed…
” Bitcoin risks final ‘bear market capitulation’ as rich investors continue BTC selloff — analyst “ Bitcoin (BTC) could undergo one last bear market capitulation if “whales” — addresses that hold more than $1 million worth of Bitcoin — ramp up their selling pressure, according to on-chain analyst Willy Woo. Room for another Bitcoin drop?…