Every day brings more and more news that market participants are warning of the risk of a severe recession. Experienced traders from both stock and bond markets are positioning themselves to protect themselves against the downturn, which they universally agree will be catastrophic. The only question now is, with stock markets still elevated, will mainstream […]
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At one point the Chinese cryptocurrency market was one of the main drivers behind the popularity of Bitcoin and numerous other cryptocurrencies. Chinese exchanges dominated the Bitcoin world, while Chinese demand helped contribute to rising Bitcoin prices. But that all came to an end when China decided to ban cryptocurrency trading in early 2018. Not […]
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There has been a lot of criticism of stock markets this year, particularly when the Dow Jones and the S&P 500 reach new highs based solely on expectations of a resolution of the trade war with China. It seems that every time President Trump, or anyone in the administration, gets in front of the cameras […]
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As the trade war with China intensifies, more and more companies from more and more countries are moving out of China. It isn’t just American companies moving out either, and it isn’t just because of the trade war. In fact, rising labor costs are the primary reason that companies are choosing to close up shop […]
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The bad news just keeps on coming for millennials. Not only are millennials more indebted than previous generations, finding it harder to find good-paying jobs and burdened by crushing amounts of debt, their health is declining faster than previous generations too. Experts fear that unless millennials get serious about their health, they could see a […]
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If you’re a prepper, or at least a wannabe prepper, you probably understand the importance of proper food storage to keeping your long-term food supplies viable. But that’s easier said than done. There are numerous obstacles that can mess up even the best-laid plans and render all your hard-won efforts worthless. Here are seven of […]
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Every day seems to bring more and more news of headwinds facing the economy. Now international organizations are warning that global trade growth is slowing, an ominous indicator that the world economy continues to slow. Earlier this year, analysts at the World Trade Organization (WTO) forecast a 2.6% increase in world trade this year. Now […]
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As Abraham Lincoln once said, you can’t believe everything you read on the internet. Well, he didn’t actually say that of course, but that’s a funny meme that gets trotted out every now and then during debates on message boards and social media. But while most of us understand the general principle, many people may […]
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Homeownership is one of the great goals of many Americans. Over half the population owns a home, and many more want to own homes. The idea of a man’s home being his castle is one that has great appeal. By owning a home you’re no longer subject to the whims of landlords, you have stability, […]
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World reserve currencies don’t remain reserve currencies forever. The British pound and its gold standard once ruled international finance, but after abandoning the gold standard during World War I and unsuccessfully attempting to reintroduce it after the war, the pound ceded its reserve currency status to the US dollar. Since the end of World War […]
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