People fall into the same patterns in their daily lives. Habits form very easily. As habitual creatures, we look for patterns which we can align with and feel comfortable. In the stock market, investors, and algorithms, trading on investors behalf, look for these patterns which suit them, and bet on it. This just happens to … Read more
by Spencer P Morrison, NEE Bitcoin Loses Over One-Fifth Of Value In Under 24 Hours—Why is Bitcoin so Volatile? Reuters reports that Bitcoin lost over 20 percent of its value within the last 24 hours, sliding from Wednesday’s high of $11,395 down to a low of $9,000 in volatile trading on Thursday. Prices recovered slightly towards the … Read more
by Jim Quinn On this day in 1824, Congress acts to decide a presidential election for the first time in history, giving the presidency to John Quincy Adams. A clause in the Constitution’s 12th Amendment puts the power of deciding an election in the hands of Congress if no candidate receives a majority of the … Read more
by Chris Black After a San Francisco jury acquitted on Thursday an illegal alien, Jose Ines Garcia Zarate respectively, in the shooting death of Kate Steinle (he was declared not guilty of murder and/or manslaughter) in one of the most shocking decisions of late, President Trump went on to Twitter and blasted the Democrats for … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But many mid-tier markets are red-hot. In San Francisco, the most expensive major rental market in the US, the median asking rent in November for one-bedroom apartments, at $3,390, is up 1.8% year-over-year, but is down 7.6% from the peak in October 2015. The median asking rent for two-bedroom apartments, at $4,380, … Read more
by Daniel Carter Trump continues to make a mistake so costly that it could relegate him to the title of worst president of all time. Let me say first, if you are a Trump supporter, I am not your enemy. I am generally indifferent toward Trump and want the United States to succeed no matter who … Read more
by Daniel Carter The United States has been consistently gobbling up new territory for the last 241 years. Ever since the founders declared the 13 colonies independent from Britain, the US has acquired its 50 states through clever land deals and plunder. The current US map does not even include the 16 territories and hundreds of … Read more
by Daniel Carter After World War II, the victors began a mission to mold the world in their own image. However, the images of the United States and the Soviet Union, the two most powerful and influential countries after WWII, were the antithesis of each other. The United States was intent on spreading the principals of … Read more
by Mark Angelides When Kate Steinle was killed whilst walking on San Francisco’s pier 14 back in 2015, the ensuing case engulfed the nation in a debate rarely seen: What should happen to deported illegal immigrants if they try and re-enter the country? Yet the verdict has just come in, and will likely be even more … Read more