economy

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Australia to Enter Recession For the First Time in 29 Years

3 Jun 2020 1 minute read 0 comments AverageVancouverite

With officials figures from the Australian Bureau of Statistics showing that the nation's economy shrank by about 0.3% in the first quarter of 2020 and will also shrink in the second quarter of the year, Australia is set to enter its first economic r...

The Weekly Summary - Issue 8.0

31 May 2020 3 minute read 8 comments tvlachak

Issue 8.0 / May 31, 2020 Economy On the Dow’s 124th birthday, the popular stock market index has much to celebrate with over a 61,000% return since May 26, 1896. Housing trends; who rents and who buys in America. And this investor has a valid concern...

Another downturn in stocks?

29 May 2020 2 minute read 0 comments CleverConciseConcept

Now i don’t mean to spread any FUD here, even though the title may suggest it. So i'm going to try and offer a few perspectives here that might glean some insight into what is POSSIBLY coming. Back in 2007/8 it was clear to a number of people that th...

Facebook And Amazon Shares Perform Well Above The Economy

26 May 2020 1 minute read 0 comments smallrookie

While the stock market has been performing better than the economy recently; The price of Facebook (NASDAQ: FB) and Amazon (NASDAQ: AMZN) shares also saw the all-time high. According to available data, Facebook shares are currently trading above the...

The Weekly Summary - Issue 7.1 - Economy Extended Edition

25 May 2020 1 minute read 4 comments tvlachak

Issue 7.1 / May 25, 2020 Economy The next round of relief payments will be delivered to millions via prepaid debit cards. Billionaire Mark Cuban thinks families should get $1,000 in stimulus money every two weeks for the next two months, as long as...

The Weekly Summary - Issue 7.0

24 May 2020 3 minute read 5 comments tvlachak

Issue 7.0 / May 24, 2020 Economy The next round of relief payments will be delivered to millions via prepaid debit cards. Billionaire Mark Cuban thinks families should get $1,000 in stimulus money every two weeks for the next two months, as long as t...

Come Hell or High Crypto

21 May 2020 2 minute read 9 comments Thomas Wolf

The way I see it, there are only two ways for this to go that make it worth while for anyone to any great extent.  To the floor, or through the ceiling.  I say we blow the roof off the place!  I refuse to cash in my tokens and call it a day; I'm here...

Robert Kiyosaki Bets on $75K Bitcoin by 2023

18 May 2020 1 minute read 0 comments Jeremy Wall

Robert Kiyosaki, author of the popular personal finance book series, “Rich Dad, Poor Dad”, proclaimed that Bitcoin will surge to $75,000 as the US economy dies amid the global pandemic. In a viral Tweet, Kiyosaki revealed that he’s buying more gold,...

The Weekly Summary - May 17 2020 Edition

17 May 2020 4 minute read 11 comments tvlachak

Economy It looks like the White House will probably green light stimulus checks 2.0. Here are all the details for the second round of checks. April’s retail sales was down a record 16.4%, but Amazon stock keeps climbing as the online superstore is an...

Venezuela: starting in June, over 20,000 merchants will accept cryptocurrencies

11 May 2020 1 minute read 2 comments NikScla

As of June 1, over 20,000 businesses and stores in Venezuela will begin accepting cryptocurrency payments, in order to counter the terrible inflation that has hit the country's economy. Today, in fact, Cryptobuyer, crypto gateway for merchants, has a...