El Salvador — or rather the El Salvadoran government — is doing Bitcoin completely wrong. This will almost certainly be bad for the country, Bitcoin, and the crypto space on the whole.
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Today, I want to walk you through why uranium is back in the news and why the price continues to break out to levels we haven’t seen since 2016.
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Readers of TradeSmith Daily should be familiar with TradeSmith’s Chief Research Officer, Justice Clark Litle. Yesterday, Justice shared his insights on the impending downfall of the over-hyped, over-leveraged cryptocurrency market. What is happening in the crypto space is unprecedented, so we are sharing his perspective, once again, with our TradeSmith Daily readers.
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I spoke about a few of the changes COVID-19 is bringing, such as the shift to working and living remotely and the economic consequences. Today, let’s look deeper at another one of these trends: the future of delivery.
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Today, many of us already think of the COVID-19 pandemic as another tragedy that “will live in infamy.” And while the pandemic and Pearl Harbor are very different in many ways, one thing is clear. Historians will look back at both as the beginning of considerable changes to our society and economy.
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After years of allegedly no inflation, higher prices are making a roaring comeback. But it's not just because of the lack of computer chips. Global shipping is in complete chaos.
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If you thought that the legalization of cannabis was a big deal for investors, you need to learn about what’s happening with sports gambling. A new trend among gambling companies has the potential to deliver — get this — $30 billion in additional revenue annually by the end of the decade.
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During the COVID-19 pandemic, companies cut back on spending and workers. Budgets were changed at Fortune 500 companies and every mom-and-pop shop that you know. All except for in one industry. There were no cuts to defense spending. And those stocks performed very well over the last year. So, what does that tell you about the market? You should always play defense.
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Apple is now the single most important stock in the U.S. markets. Don’t believe me? Wait until you see just how influential this stock is on the U.S. markets.
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In April, roughly 649,000 people in the retail sector quit their job. That’s the largest single-month departure of Americans from retail jobs since the U.S. government started tracking worker movement more than two decades ago. What’s happening with the labor force requires more profound reflection.
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