Another Crash In Bitcoin

The booming economy will be a tailwind for corporate revenue while much of the pandemic-era cost cutting remains in place, boosting profit margins.  In fact, the S&P 500 components’ forward net profit margins stand at a record-high 12.8%, according to Yardeni...

Blast Off For The U.S. Economy

The pandemic closed casino doors and opened up a much more addictive and accessible form of gambling:  online day trading.  It is the new drug of choice for generations Y and Z.  With zero commissions and easy access to leverage, those young adults are at risk of...

The Folly Of Forecasting

Last year’s zeal for risky investments was epitomized by the run-up in cryptocurrencies.  For example, bitcoin quadrupled in value.  The surge in bitcoin was driven by individual and institutional investors alike, many wading into the market for the first time. Over...