A Washington state health official announced the country’s first confirmed coronavirus death on Saturday. Donald Trump held a press conference later that day to give a coronavirus update. Not only did he get the gender of the patient wrong, but he also spent most of the press conference wasting our time. Donald Trump spent the […]
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Retail traders are ditching Virgin Galactic as the space exploration stock collapses from its all-time highs. The retail crowd is flooding into biotech stocks on speculation that they may benefit from the Wuhan coronavirus outbreak. These “dumb money” investors are setting themselves for failure. Many will see their investments evaporate as institutional investors pull the […]
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401 (k) holders are running for the hills, selling stocks as coronavirus fear reaches hysteria levels. Despite the declines, 401 (K) investors should stay the course. As the Great Recession proved, those who remained invested nearly tripled their returns ten years later. Be mindful of your portfolio’s concentration. You don’t want to have too much […]
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Investor sentiment dropped to extreme fear levels after investors dumped shares at an unprecedented rate. One perma bear believes the stock market just showed a ‘buy’ signal. Other analysts are also seeing signs of a bounce. The stock market has been brutally battered this week. The S&P 500 plunged by over 10% in five trading […]
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Antonio Brown has continued on his “apology” tour in a desperate bid to get back in the NFL’s good graces. Both the Pittsburgh Steelers and the Las Vegas Raiders have effectively shut the door on Brown, leaving him with few options in the world’s premier football league. It’s time for him to admit his NFL […]
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U.S. stocks continue to reel over coronavirus-related fears, and investors are increasingly betting the Federal Reserve will slash interest rates to stabilize the economy and markets. But whether those investors turn to bitcoin (BTC) as a crisis hedge remains to be seen. Such action by the Fed could, in theory, help bitcoin prices since lower […]
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Decentralized derivatives exchange Digitex has fallen victim to a significant data breach believed to have exposed the email addresses and possibly other information of more than 8,000 users. A former employee stole private information for more than 8,000 users, Christina Comben, who heads Digitex’s communications, said Friday. Comben told CoinDesk the exchange was “aware of […]
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Jeremy Siegel says that the stock market will recover from its recent crash, but only after a “one-year shock.” That recovery may not come soon enough to save Donald Trump’s reelection chances. The next time the Dow sets an all-time high, will the credit go to Bernie Sanders? As the stock market recoils from its […]
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For years YouTube has hosted a bizarre and vile monkey torture channel. Using the handle “killbabymonkeys,” the channel creates playlists of videos with injured, abused, or dying monkeys in them. The channel’s subscribers have left horrifying comments on the videos YouTube has irked many creators that think the platform is too heavy-handed with censorship. But […]
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The stock market just experienced its fastest correction in 50 years. But that might not be so bad for the big wigs on Wall Street. An 18-year finance industry veteran explains how financials fire employees when markets crash. And they get sent off with plush severance packages, and paid garden leave (vacations) to exotic locales. […]
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