The rapid collapse of Silicon Valley Bank (SVB) gave us a lesson about how long term bonds can be an investment trap. During periods of rising interest rates, investors are generally wise to stagger the maturities on corporate bonds, US Treasuries, or bank CDs. How safe is a bond ladder…

After a dreadful crypto winter, Bitcoin has gained substantial ground since the first of the year, going up by more than 70%. This is exciting news for anyone who held Bitcoin as it fell by as much as three-fourths of its value against the dollar since November of 2021. Many…

The dust may or may not have settled for a banking crisis. Meanwhile Bitcoin rose to its highest value against the US dollar since June of 2022, 9 months ago. What is going on in the banking world? Why is a banking crisis good news for Bitcoin? After nearly a…

The idea behind decentralized finance is to allow financial services like investing, lending or transferring crypto assets without the usual sort of intermediary used in traditional finance. This happens by setting up software programs and using the blockchain to mimic the processes traditionally used by banks, other lenders, commodity exchanges…

A potentially devastating financial crisis is looming on the horizon for investors. The United States is at risk for defaulting on its sovereign debts. According to folks at Moody’s, a true default on US debt would cost 6 million jobs and the GDP would fall by at least 4%. This…

At the end of 2021 cryptocurrencies were the rage. Everyone wanted in and the sky was the limit. As we begin 2023, numerous crypto exchanges and decentralized finance businesses are in ruins and one of the moguls of the crypto world, Sam Bankman-Fried, is on house arrest awaiting trial for…

Meta, AKA Facebook, is laying off another 10,000 employees in preparation for Zuckerberg’s “year of efficiency.” This is after an 11,000 employee layoff in November 2022. The stock market rewarded Meta’s cost cutting with a 7% increase in its stock price. Meta hired perhaps more people than it needed during…

The collapse of the 16th largest bank in the USA (SVB) was followed quickly by the closure of a New York regional bank (Signature Bank) which focused on the real estate sector but that had been starting to take crypto deposits and Silvergate Capital Corp. This banking mess threatens to…

Federal regulators are trying to prevent the failure of the 16 thlargest bank in the country from spreading throughout the financial system. Silicon Valley Bank (SVB) was closed by regulators after a run on deposits. Although panic by depositors was the immediate cause of the bank’s collapse the seeds of…