Description: WASHINGTON — A manufacturing start-up recently announced plans to move into a shuttered aluminum factory in upstate New York, taking advantage of abundant cheap electricity from the St. Lawrence River. Source: NYTimes.com Date: Feb 28, 2018 Link: https://www.nytimes.com/2018/02/28/business/economy/bitcoin-electricity-productivity.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business®ion=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront Questions for discussion: Summarize the discussion points in this report. What is your view on the… Read more »
Posts Tagged: Currencies
Description: Bridgewater’s Ray Dalio says he sees risk of recession by 2020 Source: MarketWatch.com Date: Feb 22, 2018 Link: https://www.marketwatch.com/story/bridgewaters-ray-dalio-says-us-in-a-pre-bubble-phase-with-a-70-change-of-recession-2018-02-22 Questions for discussion: What is the basis for his concerns? Do you agree? How should investors react to his prediction?
Description: Digital money has a very human vulnerability: psychology. Source: Bloomberg.com Date: Jan 17, 2018 Link: https://www.bloomberg.com/news/articles/2018-01-17/what-could-kill-the-bitcoin-boom Questions for discussion: What does the report say about what is driving Bitcoin valuations? Should Bitcoin be considered “investing”?
Description: Bitcoin is already having a bad year. Source: Fortune.com – video report Date: Jan 01, 2018 Link: http://fortune.com/2018/01/01/bitcoin-value-new-year-fall/ Questions for discussion: Explain what happened to Bitcoin valuation? Do you believe there is a future for this product as a currency?
Description: Bitcoin prices soared as high as $10,700 Friday after the main U.S. currency trading watchdog handed the Chicago Mercantile Exchange and Chicago Board Options Exchange a tentative go-ahead to offer Bitcoin futures. Source: Fortune.com – video report Date: Dec 02, 2017 Link: http://fortune.com/2017/12/01/bitcoin-price-cme-cftc-futures/ Questions for discussion: Explain why the introduction of futures trading would… Read more »
Description: Bitcoin climbed as much as 10 percent on Zimbabwe’s Golix exchange on Wednesday after the country’s armed forces seized power. The price of the cryptocurrency in the Southern African nation jumped as high as $13,499, almost double the rate at which it trades in international markets, according to prices cited on Golix’s website. It traded… Read more »
Description: Things are starting to look up in the Land of the Rising Sun Source: FinancialPost.com Date: Nov 02, 2017 Link: http://business.financialpost.com/investing/david-rosenberg-fifteen-reasons-why-investors-should-love-japan Questions for discussion: Of the reasons listed, which three do you think have the most merit? Do you agree with his assessment and thinking?
Description: There is no official measurement of a market bubble, but one could be the speed and force of the rise, a technique borrowed from the physical realm. Dot-com stocks rose 680 percent from the beginning of 1996 to the end of March 2000. Bitcoin has risen nearly 825 percent in the past year alone, to about $5,700. Source:… Read more »
Description: Unemployment has fallen, and the stock market has soared. So why has the economic expansion since the recession been so tame, with sluggish productivity and, at least until recently, anemic wage growth? Source: NYTimes.com Date: Sep 20, 2017 Link: https://www.nytimes.com/2017/09/20/business/economy/startup-business.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business®ion=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront Questions for discussion: Explain the arguments made in this article. Do you agree? What… Read more »
Description: Bitcoin’s value has dropped 10% since J.P. Morgan CEO Jamie Dimon slammed the cryptocurrency Tuesday, briefly falling below the $3,800 mark on Wednesday. Source: Fortune.com – video report Date: Sep 13, 2017 Link: http://fortune.com/2017/09/13/bitcoin-jamie-dimon-fraud-price/ Questions for discussion: Why did Bitcoin drop in value after the pronouncement by Jamie Dimon? Do you agree with his assessment?