Financial Services: The Coming Cataclysm

Alex Tapscott is a venture capital investor, co-author (with Don Tapscott) of Blockchain Revolution: How the Technology Behind Bitcoin and Other Cryptocurrencies is Changing the World and co-founder of the Blockchain Research Institute, in Toronto. The following excerpt, written by Alex Tapscott, is from his new book Financial Services Revolution, available in all good stores now. Facebook’s foray into […]

Continue Reading

Record-Breaking U.S. Economy Has A Massive Recession Deficit – Here’s Why

A soaring U.S. budget deficit is proof the economy is not well, the chief global strategist of a major investment broker warned this week. He predicted the Great Recession in multiple cable news appearances from 2006 – 2007 when others were wildly bullish. Even if all is well, for now, wild deficit growth during economic […]

Continue Reading

Trump’s Mental Health, Not Impeachment, Could Be His Undoing: Professor

Trump’s mental health has been the focus for many over the past week as impeachment proceedings dragged on. While he’s unlikely to be ousted from the White House over the Ukraine scandal, his letter to Nancy Pelosi could contribute to another effort to strip him of his title. A Yale psychiatrist says as Trump’s colleague, […]

Continue Reading

2 Reasons Why Investor Returns Will Diminish Over the Next Decade

The U.S. stock market in 2019 climbed even though there was plenty for investors to worry about. A mounting trade dispute between the U.S. and China, coupled with a slowing global economy and boiling geopolitical tensions, behaved like a perfect recipe for a financial disaster. A benchmark indicator even cried fears of a recession, building […]

Continue Reading

The Real Reason Gold Is Surging, and Why It Won’t Stop

Geopolitics, monetary policy and a slowing economy have all been cited as primary factors behind gold’s bullish breakout in 2019. While these catalysts cannot be discounted, the real reason gold is surging and why it will continue to do so is the trend in real interest rates relative to inflation. Only by understanding this relationship […]

Continue Reading

Mark Cuban’s Bizarre Bitcoin Rant Includes Baseball Cards and Bananas

Tech billionaire and Shark Tank personality Mark Cuban launched a savage takedown of bitcoin in a Wired video this weekend. He reeled off a list of well-trodden criticisms of the cryptocurrency, comparing it to baseball cards and slamming its ‘lack of intrinsic value.’ In a truly bizarre statement, he said he’d rather own bananas than […]

Continue Reading

Microsoft Stock Blows Away Critics With Huge Buyback Plan – CCN.com

Quick, guess the world’s most valuable company? Apple, Facebook, Google? It’s none of those. Instead, Microsoft has claimed the title. The software giant is now worth $1.1 trillion, narrowly edging out Apple for the top spot. And Microsoft’s lead is likely to grow in the coming days. That’s because the company just announced a huge […]

Continue Reading

3 Factors That Could Supercharge Dow Jones to Shatter Record Highs – CCN.com

The Dow Jones Industrial Average could be gearing up for another record run. | AP Photo / Richard Drew Following the unexpected decision of U.S. President Donald Trump to consider establishing a partial trade deal with China ahead of the new round of trade deal talks, the Dow Jones increased by around 500 points within […]

Continue Reading