I told you Bitcoin was a bubble. The biggest beneficiary is the precious metals and I had a hunch when I saw the calculations for the turn in the metals the cryptos were hijacking some of the shine normally bestowed to the metals.
So much for global warming! Winter is back, and back with a frosty reminder that it can still get cold. Really cold. It's the first real blast of winter in a very long time and the market is trying to get a feel for how that may effect supply.
Bitcoin is actually on the lower end, as far as cryptocurrency volatility goes. Ethereum has increased more than 100-fold over the past year, while Ripple has more than doubled within the past week alone.
T’was the energy report before Christmas and Trump’s tax cut passed through the house, not one Democrat voted "yes," they just sat there and groused. The hedge-funds stuffed political stockings with care in hopes that the carried interest loophole still would be there. The Democrats wanted to tear the bill into shreds--it’s just a tax cut for the rich--and that was all that was said.