The economy, like the market, looks forward in its attempts to predict the future. As the Fed raises interest rates to fight inflation, businesses worry about payroll, sales, and expenses like gasoline for transportation. As noted in an article about the self-fulfilling recession prophecy, Bloomberg quotes Robert Schiller as saying…

The world of cryptocurrencies would seem to be in trouble along with stock markets around the world. Bitcoin did not live up to expectations of being a hedge against inflation or store of value during tough economic times. Since its November 2021 peak of $67,582 the dominant cryptocurrency has fallen…

These days it seems like every time you turn around and look Bitcoin has drifted lower against the US dollar. It traded almost up to $70,000 in November of 2021 and by mid-June of 2022 dipped down to the $20,000 range in midday trading. The last time it traded at…

The Fed is raising interest rates in an attempt to tame the highest inflation in forty years. More often than not, significant interest rate hikes result in a significantly slowed economy and a recession. After the Fed increased rates by 0.5% in May inflation measured by the CPI went up…

Inflation is going up. How is your crypto doing? The consumer price index, CPI, keeps going up. The U.S. Bureau of Labor Statistics reported on June 10, 2022 that in May of 2022 the Consumer Price Index for All Urban Consumers went up 1% in May as opposed to 0.3%…

The cryptocurrency world is maturing. Despite the recent slide in value of Bitcoin and others crypto is here to stay. The government has come to realize this. President Biden issued an executive order recently directing federal agencies to sort out who will be in charge of what in regard to…

ETFs that track the S&P 500 are popular ways to invest. Over the last decade or more these ETFs have routinely outperformed managed investment funds. Standard and Poors offers more investment opportunities than the S&P 500 which tracks the 500 biggest US companies. There are eleven S&P sectors with the…

The world of nonfungible tokens offers almost endless investment opportunities. Along with decentralized finance and the Metaverse, NFTs offer practical as well as profitable applications in the world of cryptocurrencies. However, there are NFT investment risks to be aware of. A high-profile crypto start-up, OpenSea, is having to deal with…

Where is the cryptocurrency world headed? Bitcoin and others are down significantly this year. However, practical uses of cryptocurrencies with NFTs, DeFi, the Metaverse, and smart contracts are entering the realm of reality. Cryptocurrencies have been shown not to be hedges against inflation or stores of value as the stock…