China botches another IPO

Just days after DiDi Global pulled off one of the biggest U.S. initial public offerings this decade, a Chinese cybersecurity regulator ordered its removal from China’s smartphone app stores, alleging the ride-hailing company illegally collected and used...

The pandemic is over – Buy stocks

The S&P 500 closed the week at another record high, posting its best weekly performance since February, as investors came to realize that higher inflation is a given as the economy continues to push out of the pandemic. Fifteen months after the US first plunged...

Bitcoin finds its way into 401K plans

Earlier this week, one of the 401K providers – ForUSAll Inc., announced that it has struck an agreement with Coinbase Global, a cryptocurrency exchange, to allow workers in its 401K plan to invest their contributions in bitcoin. This announcement comes on the...

Party is over for crypto currencies and SPACs

Cryptocurrencies that seemed to be defying gravity just weeks ago came back down to earth this week. The two main digital currencies, bitcoin and ethereum, fell as much as 30% and 45% respectively, but significantly pared losses after two of their biggest backers...

Wisdom of circular logic never fails

In recent months, we have been exposed to a slew of events beginning with the elections in November that has put the rational brain to the test. It began with election fraud – some moron on reddit claimed there was election fraud and a ballot box was...
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