Investment Watch Blog

Unlike crypto critics who attack bitcoin and other cryptocurrencies for being too volatile, the Federal Reserve is increasingly sounding the alarm over investigating the coins that set out to be far more boring: stablecoins. As their name suggests, stablecoins are cryptocurrencies that set out to remain stable over their lifetimes and try to maintain a … Read more

The Army on Thursday revamped how junior soldiers will move up to leadership positions, requiring all enlisted soldiers to first pin on the rank of corporal before they can become sergeants. All soldiers with the rank of specialist who complete the Basic Leader Course, or BLC, and are recommended for advancement by a promotion board … Read more

Sen­ate Repub­li­cans last month blocked leg­is­la­tion to estab­lish Pelosi’s Jan­u­ary 6 com­mis­sion in its first fil­i­buster of the Biden Admin­is­tra­tion so Pelosi is work­ing around the GOP. The com­mit­tee chair will have sub­poe­na pow­er with­out any input from the Repub­li­can minority. BREAKING: Nancy Pelosi announces that GOP Rep. Liz Cheney, a vocal critic of former President … Read more

Red-faced city election officials held an apparently illegal, secret meeting Wednesday to discuss the botched vote count that threw the Democratic mayoral primary into chaos, The Post has learned. Board of Elections President Fred Umane said the board was briefed by staffers about the colossal screw-up that led to 135,000 fake ballots from a test … Read more

I think its quite clear… With everything that’s happening around the world, its pretty safe to say that WAR might be on the horizon??? Xi stated that “no one should underestimate the resolve, the will, and ability of the Chinese people to defend their national sovereignty and territorial integrity” and “we will never allow anyone … Read more

Violent crime and murder are skyrocketing in New York City under Democrat De Blasio’s leadership. A man tackled a woman to the ground and sexually assaulted her while she was out for a walk in Brooklyn this week. Surveillance video shows a man jump on a 35-year-old woman he had been following in Williamsburg, pin … Read more

The IPO market set another record amid a landmark quarter for Q2 2021, according to a report published by Renaissance Capital — 113 IPOs raised $39.9 billion in Q2, marking the “busiest quarter for IPOs in over two decades.” “After a strong start, weaker market conditions dampened activity mid-quarter, before IPO performance and new issuers … Read more

Robinhood has 18 million accounts with $80 billion in assets after rapid growth, IPO filing shows “Robinhood has grown its funded accounts, those which have bank accounts linked to them, to 18 million in March of this year from 7.2 million in March of 2020, an increase of 151%. Assets under custody have ballooned to … Read more

via NYPOST: A substantive majority of Americans said they are “somewhat concerned” about inflation and about four out of 10 people believe the government might not be able to rein it in, according to a new poll released Tuesday. Eighty-five percent said they are “somewhat concerned” and of that group, 45 percent said they’re “very … Read more

“Big Short” investor Michael Burry believes Reddit-favored meme stocks are set to crash like the dot-com and housing market bubbles of previous decades, Barron’s reported. “We’re running out of new money available to jump on the bandwagon,” Burry told Barron’s. Burry was one of the first investors to spot and profit from the subprime mortgage … Read more