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A housing bubble requires 3 elements. The 2022 housing market has hit 2
To better understand the ongoing housing cycle, let’s take a closer look at how it does—and doesn’t—look like a housing bubble. Read More
MicroStrategy’s Bitcoin holdings take a record $3.4 billion hit. The company says it’s playing the long game
When MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless. The crypto pile he has since accumulated was worth $3.4 billion less at the end of the second quarter than the previous one. Read More
Commodities hit July storm with Putin and Powell stirring fear: ‘We in grains have never traded a war market before, so this is all new’
Commodities are careering into a second half that promises as much turmoil as the first, with the world facing an escalating energy crisis, copper plunging on Fed-fueled recession fears, and Russian President Vladimir Putin delivering a shock for Shell Plc. Read More