Bitstamp Granted License To Operate Bitcoin Exchange Across Europe
Bitstamp has become the first bitcoin exchange to be granted a national license after Luxembourg classed the company as a fully-regulated payment institution. The move which will allow Bitstamp to operate across all 28 countries in the European Union. Bitstamp,…
Bitcoin Price Surges Toward $500
The price of bitcoin has not reached the heights of $466 since September 2014. Then it was still in free fall from the dizzying heights of $1,200 at the peak of the bitcoin frenzy in December 2013. Now the price…
John Oliver Breaks Down Puerto Rico’s Debt Crisis
John Oliver’s message during the feature segment of Sunday’s episode of Last Week Tonight was simple: Puerto Rico is totally screwed. The island territory that most of us associate with rum, parades and Jennifer Lopez is buried under a mountain…
These 4 Charts Give A Bird’s-Eye View Of How The US Economy Is Falling Apart
These 4 Charts Give A Bird’s-Eye View Of How The US Economy Is Falling Apart by Tony Sagami, Mauldin Economics My college-aged kids love him. I’m not talking about Stephen Curry or Justin Bieber (although they love them too); I’m…
Wall Street or Main Street-A Tempest in a Teapot?
Wall Street – Main Street: how many times can you use a synecdoche before you become a cynical dochebag? Or are these mawkish clichés rather more like metonymy, if the street is used to stand for something much larger than…
1 in 3 Americans Says Healthcare Costs Are the No. 1 Economic Burden Today
New survey reveals which financial issues Americans think are holding the U.S. back, with insights into gender, age and political leanings LOS ANGELES, April 25, 2016 /PRNewswire/ — Americans are most worried about healthcare costs affecting the U.S. economy over…
State Auditor Calls Alabama Gov. Robert Bentley ‘A Tumor’
Speaking at the reopening of a state park yesterday, Alabama state auditor Jim Zeigler called Bentley “a tumor” after the governor brushed off his demand for documents and testimony related to a sex scandal. “If he doesn’t have anything to…
Is a new bull market near? Or are stocks ready to implode?
WASHINGTON, April 24, 2016 – In our previous rant, we began to explore the observations of a French bank official, Albert Edwards with regard to our current almost-impossible-to-invest-in markets. Given that we’re writing this installment on Sunday, which, blessedly, is…
Echoes Of 1999: The Tech Bubble And The “Asian Flu”
Echoes Of 1999: The Tech Bubble And The “Asian Flu” by Rob Arnott, Research Affiliates Key Points Conditions now parallel the late 1990s as inflation expectations plunge, emerging market currencies tumble, relative valuations of emerging markets versus U.S. stocks and…
The Panama Papers and a Troubled World Economy
The leak of some 11.5 million documents from the Panamanian law firm Mossack Fonseca has triggered outrage around the world. There has been speculation as to how revelations about large offshore holdings belonging to politicians and schemes to avoid paying…