One of the things that a couple of decades in dealing rooms around the world taught me was that no matter where you were, traders and markets always overreact
If any doubt persisted over the first months of the year, it has now become clear that this past winter’s dry conditions will not be reversing anytime soon.
With a relatively quiet economic and earnings calendar for today, equities are likely to trade sideways ahead of tomorrow's May ADP Employment Change Report and Friday’s May Employment Report.
While we recognize the importance of focusing on vaccine distribution, it is shortsighted to ignore the call for other important tools to protect ourselves in the fight against COVID.
Why in the world would people spend thousands, and even millions of dollars, on fully digital assets? After all, they are just JPEGs or GIFs, right? Let’s get into the world of NFTs to understand the mania.
NFT arts are all the hype now. In fact, if headlines are to be believed, digital artists are currently pulling in millions of dollars thanks to their NFT auctions.
The overall performance for May among the 68 indexes tracked was slightly positive, up 0.6% on average. Of those 68 indexes, 41 had positive performance for the month.
Attempting to address some of the common criticisms of the Bitcoin network, CEOs Michael Saylor and Elon Musk recently organized a meeting of North American Bitcoin mining firms to coordinate use of renewable energy and transparency in the business worldwide.
Americans are still wary of anything that involves large numbers of people in an indoor setting. That would presumably involve hotels so, with wanderlust exploding but hotels still considered suspect by a lot of people, Airbnb looks set for a bumper summer.