economy

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Grocery Product Price Has Increased Once Again In Bangladesh

11 Aug 2022 2 minute read 1 comment shohana

Without having food we can't imagine our life. This food is our weakness and the price of grocery products has increased and poor people will suffer much for this sudden price up. Yesterday I went out and asked for price of an egg which is 12 BDT (Ba...

Robinhood sacks 23% of workforce

3 Aug 2022 1 minute read 1 comment ZeroRequiem

Back again with a small update to the stock-trading company, Robinhood, who has surely seen better days. I did not expect to be writing again about Robinhood on the same day, that's why life is surely a rollercoaster.   Today, August 2nd, Robinhood C...

Generating income - Covered calls and Poor mans covered call

2 Aug 2022 3 minute read 1 comment JessFinesse

Covered calls While holding on to an asset that you believe has long-term growth potential, you can generate income from holding those shares while waiting for the next bull cycle. Let's take Apple ($AAPL) for example. If I bought 100 shares of apple...

My favorite stock market Youtubers

29 Jul 2022 1 minute read 0 comments JessFinesse

You can find an armory full of knowledge about the stock market on Youtube, here are my favorite people who have taught me how to trade. I am also not affiliated with them in anyway they just have a wealth of knowledge that will help you learn to tra...

Inflation & Interest rates...

29 Jul 2022 3 minute read 2 comments qsyal

You guys have no doubt seen the very recent news about the FED's decision to hike interest rates as a bitter measure to curb inflation. The crypto markets have experienced some volatilities in response to the news but I thought it was a good chance t...

Fed Announces 75 bps Rate Hike, Bitcoin Continues Daily Surge

27 Jul 2022 1 minute read 1 comment RocketEnthusiast

The Fed has just announced a 75 basis point raise to combat continued inflation. This is the second 75 bps raise in as many months. The raise comes as really no surprise, as markets had pretty much priced it in. Some were expecting the possibility of...

US Recession seems likely, pending confirmation

27 Jul 2022 1 minute read 1 comment RocketEnthusiast

Famous American investor and "Big Short" Michael J. Burry has taken to Twitter tonight with an eye-popping Tweet: A last hurrah before the US economy is officially in a recession? The stock market is already in a bear market. Perhaps Mr. Burry is su...

The US Economy Faces Great Challenges Say Corporate Overlords

22 Jul 2022 1 minute read 1 comment Crypto Monkey

This monkey likes to follow what happens in the economy in general and some countries in particular like the US, China, EU (yes, not a country but many), some places in Africa and APAC… Keeps monkey aware of what may happen to its bananas. We are exp...

Crude oil falls to levels not seen since Russia invaded Ukraine

14 Jul 2022 1 minute read 2 comments RocketEnthusiast

Oil prices have sunk to a new recent low, not seen since Russia officially invaded Ukraine back in late February. Is the "Putin price hike" over? Will calls for refiners to increase capacity continue to be made? The reason for the drop seems to be s...

The much anticipated June CPI data is here, Bitcoin plummets on news

13 Jul 2022 1 minute read 0 comments RocketEnthusiast

The data dropped 10 minutes ago. What sticks out most here is soaring energy prices. Inflation appears to be cooling in some areas but overall we are definitely not out of the woods yet. Keep in mind CPI numbers are lagging indicators, not really a g...