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Technology Super Cycle Redux: How Unicorns Drive Innovation

Software has infinite capabilities because it consumes neither time or space. In 2017 I published one of my most important investment strategy pieces that I called The Technology Super Cycle.You can see a 2018 video and article version via that link, where I answer this burning puzzle: why is inflation absent and productivity "hidden?"The two main solutions to that puzzle are still very relevant to what you see happening in the most important sector of the economy.In the thesis, I said you had to be a buyer of NVIDIA NVDA for the future they were building with GPU platforms and CUDA stacks of software capabilities that digital engineers, data analysts, and scientists had to have.And this was before I'd ever heard of Cathie Wood and her similar takes on long-tail "disruptive innovation."But lately, as I immerse myself in the exploding world of private FinTech companies, I have begun to see another driving force."Where do unicorns come from? Imagine 10,000 VCs chasing twice as many fintech companies."That's what I proposed in my Cook's Kitchen from two weeks ago...Unicorn Stampede: How FinTech Innovation and VC Warchests Fuel MarketsIn the video that accompanies this article, I review the Pinterest PINS and PayPal PYPL unfolding drama we discussed last week.PINS shares today are filling the October 2020 gap up from $45 on the deal rumors getting scuttled. In the video, I tell you who a big seller has been. Meanwhile PYPL continues to plummet into my $220-240 "buy zone."I also reiterate my "buy zone" for Shopify SHOP inside $1240-80, with starter positions recommended under $1350 ahead of their earnings report on Thursday.Call With CookerIf you came here from the YouTube link, I have your code/instructions to enter the "Call with Cooker" drawing: #TechSuperCycleJust go to Twitter and do the following...1. Follow me @KevinBCook2. Like and ReTweet my pinned Tweet with the NVIDIA graphicSpeaking of Twitter TWTR, in a very meta-social event, I attended this morning's Space chat with the CFO, Ned Segal. Dude was super chill under pressure from annoying analysts who kept trying to get him to parse his KPIs for the mDAU metric (monetizable daily active users).Segal is a model for any corporate executive doing media interviews. He just naturally calms the room and the fire-breathers by never getting defensive or frustrated and just explaining his goals while trying to answer the questions.And apparently in his CNBC interview this morning, he said "Bitcoin is going to be a great way for us to facilitate commerce on Twitter." That's very interesting.I was on another Twitter Space last night where a bunch of "new money/digital gold" theorists were debating @Jack's recent post about "hyper-inflation is coming."When you go to my Twitter feed, you'll see those Space posts and you can check out the other things I've posted on Segal and FinTech, including the link to the Plaid report.Thanks for joining me in the Kitchen!Disclosure: I own shares of NVDA, PINS, and SQ for the Zacks TAZR Trader portfolio. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA): Free Stock Analysis Report Twitter, Inc. (TWTR): Free Stock Analysis Report PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report Shopify Inc. (SHOP): Free Stock Analysis Report Pinterest, Inc. (PINS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks12 min. ago Related News

Top 5 most profitable startups around the globe

Startups offer a fantastic opportunity to make profits when there isn’t strong competition. Moreover, the people who came up with the idea could achieve it with the help of powerful and wealthy individuals. Every day, new innovations and products come out around the globe, however, the startups that have the most success, have secured their […] Startups offer a fantastic opportunity to make profits when there isn’t strong competition. Moreover, the people who came up with the idea could achieve it with the help of powerful and wealthy individuals. Every day, new innovations and products come out around the globe, however, the startups that have the most success, have secured their place in the business world. We have decided to show you the top 5 most well-known and profitable startups across the world. 1. Lemonads Lemonads aids marketers in increasing their effectiveness and increasing their revenue with their cutting-edge solutions and technology. The lemonads group is an important player in the monetization process of digital viewers along with affiliate marketing. We support companies across the world in their digital expansion. Lemonads mission is to assist advertisers and publishers maximize their online performance by offering them an array of top-quality services that are all accessible through a simple and efficient self-service platform. We are here to help! We listen to you and design the most efficient solutions available in the market to support you throughout the world of business. With more than 10 years of experience across the globe, we have created an ever-growing and dynamic business, with hardworking employees motivated by values we stand behind and stand up for. 2. Handy The company is involved in an innovative “cloud” software developed to oversee a large group. With the aid of software developed by Zenefits HR department leaders are able to maintain an electronic record of the hiring process, salaries, wages, insurance, and so on. Furthermore, it gives access to these records from any location on earth. Zenefits was established by entrepreneur Parker Conrad in 2013. Within a single year, Zenefits transformed itself into an expanding business that is estimated to be worth $650 million. The investors of the company comprise Andreessen Horowitz and other industry-leading Silicon Valley venture capital funds. Zenefits is now serving more than 2000 corporate customers. 3. AdRoll AdRoll is among the most innovative marketing initiatives of the last few years. The company is currently working on mobile retargeting which is an application for tracking and studying consumer behavior on various devices and platforms from a marketing point of view. For 2014 the business received investments of $70 million. Its shareholders include major venture capitalists, such as the popular Accel Partners. 4. Lyft On April 14, 2014, Lyft has successfully attracted investments of $225 million. The online taxi service has an increase in its growth rate than its main rival Uber. The company began operations in San Francisco in 2013 and within a short time expanded its operations to over thirty US states. Naturally, this brought it to being noticed by some reputable investors. Alibaba, Third Point, Horowitz, and Founders Fund – the list of Lyft shareholders is impressive. The company intends to expand into the global market. 5. The Honest Company In 2011 Hollywood model Jessica Alba decided to create her own company to handle the creation of eco-friendly cosmetics and products for kids’ hygiene. Since then the company has been very popular with its target consumers – the young moms. Jessica Alba plays a very crucial part in the marketing strategy and is the main face of the brand. She frequently uses her products and makes time to engage with clients. The Honest Company has invested more than $120 million. In addition, The company is well-known by the people of Silicon Valley: it is supported by funds from Iconiq Capital, Lightspeed Venture Partners, and others. Updated on Oct 27, 2021, 5:43 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalk3 hr. 11 min. ago Related News

6 ways to troubleshoot when YouTube is not working

If YouTube is not working for you, there are several ways to troubleshoot the problem to get it up and running. Thiago Prudêncio/SOPA Images/LightRocket via Getty Images If YouTube is not working for you, there are several ways to troubleshoot the problem to get it up and running. Start by making sure you have a reliable internet connection, and check YouTube's status at DownDetector. You can also close and restart the YouTube app, clear the app cache, and assess your overall internet speed. Visit Insider's Tech Reference library for more stories. There's no question that YouTube is among the most pervasive video streaming services today; while Netflix and Hulu might have more commercial cachet, almost everything on YouTube is free. And though YouTube claims around 2 billion users worldwide, there are times when a site even that large and relied upon experiences problems.How to troubleshoot when YouTube is not workingLike any website that may not be working, it can be hard to know exactly what the problem is - there might be a number of issues with the site, your internet connection, or the device you're trying to connect with. Work through your YouTube issue by trying each of the troubleshooting tips below until you uncover the problem. See if you have a reliable internet connectionDespite myriad problems that might keep you from successfully watching a video on YouTube, the most likely one is also the easiest to troubleshoot: Do you have a reliable internet connection? If you're on your phone, check the status icons at the top of the screen to see if you have Wi-Fi or a cellular connection. If in doubt, open your phone's Settings app and turn the Wi-Fi off, then on again. Check your mobile device to see if you have a Wi-Fi connection, or at least a cellular signal. Dave Johnson A sure-fire way to check for internet access is to try another app that requires a connection. You might check to see if you can start playing a video in the Netflix app, for example, or see if you can send and receive email. Check to see if YouTube is downYouTube is a relatively dependable video streaming service, but the site has occasional outages. If you know your own internet access is solid, then it might be a good idea to see if the service is offline before you waste your time trying other troubleshooting tips. The easiest way to check is to go to YouTube's status page at DownDetector, or just search for "Is YouTube down" in a Google search (DownDetector is typically at the top of the search results). If the site is down, wait a while and try again later. Check DownDetector to see if the service is online. Dave Johnson Close the YouTube app and then restart itIf you're trying to watch YouTube on a mobile device, it's possible the YouTube app is misbehaving. The remedy? Force the app to close and then restart it - here is how to close an app on Android and close an app on iOS. If you were trying to watch YouTube on a smart TV or streaming media player, you can close and restart the app there as well, though the steps vary depending on what device you own. Closing the YouTube app and then restarting it is a fast way to check for a simple software glitch. Dave Johnson If you're trying to watch YouTube in a web browser on your computer, you can close the browser and restart it, but an even better solution is to open a different browser (like switching to Firefox if it's not working in Chrome). If that doesn't solve your problem, restart the entire device (for example, here is how to restart an iPhone). Try it somewhere elseOne of the best ways to troubleshoot a problem that could have a lot of possible causes is to try it on another device. If you're watching YouTube on your phone, check to see if YouTube has the same glitch on a tablet, Roku player, or in a browser on your laptop. If you're on a computer and don't have easy access to other devices, you can try running YouTube in a different browser. Clear the device's app cacheIf YouTube refuses to work properly on your phone or tablet but it seems to be working fine elsewhere, then you might have a problem with the app or its cache. If you're using an iPhone, there's no way to clear YouTube's cache without uninstalling the app, so do that - uninstall YouTube from your iPhone, and then reinstall it from the App Store. If you are using an Android phone or tablet, it's a little easier. The steps might vary slightly depending on which version of Android you are running, but here's the general procedure:1. Start the Settings app.2. Tap Apps & Notifications.3. Go to the list of apps (you might need to tap See all apps) and tap YouTube.4. Tap Storage & cache.5. Tap Clear cache. You might solve a YouTube app glitch by clearing the app cache. Dave Johnson Check to see if your internet connection is fast enoughSometimes the problem isn't that the app won't launch or nothing works at all. If the video lags and stutters or the audio is out of sync, your connection might not be fast enough. You can run an online speed test like Google's Internet Speed Test to see how fast your connection is. You can do this on a phone, tablet, laptop or desktop computer. YouTube says your connection needs to be at least 1.1Mbps for a standard-definition 480p video, but the faster the better, and a high-resolution 1080p video will need at least 5Mbps. There are several ways to speed up your internet connection. How to create a YouTube channel for personal use or for your brandHow to verify your YouTube account, so you can upload videos longer than 15 minutes and customize thumbnailsHow to delete your own YouTube videos on a computer or mobile deviceHow to download your own YouTube videos in 3 different waysRead the original article on Business Insider.....»»

Category: topSource: businessinsider3 hr. 11 min. ago Related News

Your ultimate guide to the best gifts - for every budget, holiday, and type of person

Looking for a great gift? We have the best ideas for every holiday, budget, and type of person in your life. When you buy through our links, Insider may earn an affiliate commission. Learn more. To help you pick thoughtful, unique gifts without the stress, we rounded up all the gift guides we've written over the years. Gilbert Espinoza/Business Insider Giving gifts is supposed to be joyful - a way to show someone you care. We rounded up all the gift guides we've written over the years to make gift shopping less stressful. Bookmark this page for easy access to great gift ideas whenever you need them. Table of Contents: Masthead StickyGifts are normally associated with the holidays, but there are many reasons to give a gift at any time of year. From birthdays to graduation to "just checking in," there are so many moments that call for great gifts.As product experts, we spend a lot of time testing and researching the best gifts for all sorts of occasions. Now, we're making it easy for you to access all of our gift guides in one place, so you always have some ideas up your sleeve. Consider this your ultimate gift-giving cheat sheet We've covered gifts for every occasion, holiday, budget, and just about every person in your life - all organized into different categories, which you can find below.Keep scrolling, or click on a link below to jump directly to the category you're looking for. Be sure to bookmark this page as well, so you can always have it on hand when searching for specific gifting needs.And if you're still stumped after taking a look, check out our list of the all-time best products we've ever tested.Below is a full list of all of our gift guides, plus a few of our favorite gifts of all time: Our favorite gifts Fallen Fir Candle (small)Women's Wool Runners (small)Monthly Subscription Service (small)Custom Map (small)Hiking Socks (small)Carry-On (small)Coffee Club (small)Cakes (small)Personalized Gift Box (small) Gifts under $25 Clever gifts under $25 that won't end up getting regiftedThoughtful Father's Day gifts under $25Inexpensive, but thoughtful Mother's Day gifts under $25Thoughtful Valentine's Day gifts from Target — all under $25Affordable tech gifts under $25Last-minute Secret Santa gifts they'll actually want to keep — all under $25Prime-eligible Mother's Day gifts on Amazon that are all under $25Thoughtful Valentine's Day gifts that aren't chocolate and a card — all under $25Beauty gifts under $25 Gifts under $50 Last-minute gift ideas for everyone on your list — all under $50Father's Day gifts under $50Father's Day gifts you can get on Amazon Prime for $50 or lessUnique kitchen gifts under $50Affordable gifts to congratulate the recently engaged couple — all under $50Creative and affordable last-minute gifts for her that are all under $50Affordable tech gifts under $50 — ideas from Amazon, Google, Roku, and moreAffordable housewarming gifts that won't cost you more than $50Clever gifts from Amazon — all under $50Perfect Mother's Day gifts that are all under $50Hilarious White Elephant gift ideas under $50Practical and unique gifts for Dad — all under $50Thoughtful gifts for mom that won't cost more than $50Unique baby shower gifts that new parents will thank you for — all under $50The best gifts you can get grads that won't cost more than $50 Gifts under $100 Last-minute gift ideas — all under $100Cool and practical Father's Day gifts under $100Affordable and useful tech gifts for Dad — all under $100The best Mother's Day gifts you can give for under $100Graduation gifts under $100 that the class of 2020 will loveEngagement gifts under $100 for couples who don't have a registry yetThoughtful and fun tech gifts under $100Unique gifts to give your best friend — all under $100Gift ideas for him that you can get on Amazon for less than $100Amazon Prime-eligible gifts for graduates that cost less than $100Amazon Prime-eligible gifts for Mother's Day — all under $100Clever baby shower gifts that new parents will appreciate — all under $100Father's Day gifts you can get on Amazon Prime for $100 or less Gifts for her Gifts for her — from cult-favorite candles to a monthly book subscriptionThoughtful gifts to give your wifeCreative and affordable last-minute gifts for her that are all under $50Thoughtful gift ideas your girlfriend will love — at every budgetThoughtful gifts that your aunt will actually useThoughtful gifts for mom that won't cost more than $50Minimalist jewelry gifts that still feel special for any occasionPerfect graduation gifts for her — as recommended by a recent college graduateThoughtful high school graduation gifts she'll actually want to keepThoughtful and sweet gifts to give your grandmaThe best gifts for teen girls — for every interest and budgetUnderstated jewelry gifts to give your momFeminist gifts that give back to empower women and children around the worldPersonalized Mother's Day gifts that go beyond photos on a mugValentine's Day gifts for her that go beyond flowers and chocolateGifts for the outdoor lover in your lifeSmall gifts and gestures for friends or family members who are having a hard time self-isolating or social distancingLuxury gifts for her, from a high-tech curling iron to a cashmere scarfCreative gifts for your sister — especially if she's hard to shop for Gifts for him Last-minute gifts for him — at every budgetThoughtful and cool gifts for him that you can buy on AmazonUnexpected Valentine's Day gifts for him that he'll actually want to keepTech gifts that men will love to getThoughtful gifts your husband will appreciateThoughtful college graduation gifts for him, as recommended by a recent graduateClever and practical high school graduation gifts for himPractical and unique gifts for Dad — all under $50Gift ideas for him that you can get on Amazon for less than $100Tech gifts dads will actually love to getFun and meaningful gifts that new dads will loveLuxury gift ideas for Dad if you plan to spare no expense this Father's DayGifts for the outdoor lover in your lifeSmall gifts and gestures for friends or family members who are having a hard time self-isolating or social distancingGrooming gifts that are actually useful — from shaving kits to skincare setsCool gifts for teen boys that they won't return Gifts for kids Cool last-minute gifts for kids of all agesToys and gifts for 1-year-oldsFun and educational gifts for 2-year-olds, as recommended by expertsFun and educational toys for 3-year-olds, according to expertsThe best toys for 8-year-olds, based on advice from a pediatric mental health expertCool and unique gifts that teens actually want to receiveCool and unique gifts that teenagers will actually appreciate — all from AmazonDisney Plus offers gift subscriptions for new subscribers — here's how to gift oneClever and practical high school graduation gifts for himThoughtful high school graduation gifts she'll actually want to keepTech gifts for teens that that won't end up in a desk drawerTech gifts for kids that will make learning funUnique baby shower gifts that new parents will thank you for — all under $50Last-minute gifts for toddlers that'll actually keep them entertainedClever baby shower gifts that new parents will appreciate — all under $100Cool and unexpected gifts from Urban Outfitters for everyone on your listFun unicorn gifts for kids of all agesCute personalized gifts for kidsGifts for tweens, with guidance from a developmental psychologistGreat gifts to buy for the gamer in your life Gifts for pets Unique gifts that both dogs and their humans will loveUnique gifts that all dog moms will appreciateThe best pet gifts from Chewy's holiday shopUnexpected gifts that all cat moms will appreciateGreat gifts for your dogAwesome and weird pet gifts to give and getCat-approved gifts for your fancy feline Luxury gifts Luxury gift ideas for himLuxury gifts for her, from a high-tech curling iron to a cashmere scarfBeautiful fine jewelry gifts you still have time to order — all under $1,000Beautiful and affordable fine jewelry gifts she'll love — all under $500Timeless gifts that you can turn to for any occasion Holiday gifts Your ultimate guide to last-minute holiday gift ideasCruelty-free beauty gifts to give for the holidaysSentimental gifts that are perfect for everyone on your listHidden gems on Amazon that make great gifts for anyone on your listHilarious White Elephant gift ideas under $50Thoughtful gifts for book lovers to satisfy the bookworm on your listCool last-minute gifts for kids of all agesUnique gifts to give your best friend — all under $100Unique and unexpected gifts from Uncommon Goods they haven't seen beforeLast-minute Secret Santa gifts they'll actually want to keep — all under $25Hanukkah gifts for everyone on your listUnique and unexpected kitchen gifts from Food52Cool cooking gifts for avid home cooks, as recommended by professional chefsExperiential gifts that won't break the bankClever gifts for coworkers that they'll actually be happy to receiveThoughtful gifts for teachers to thank them for everything they doLast-minute cookbooks for every type of home cookThoughtful corporate gifts your employees will actually likeLast-minute and work-appropriate gifts for your bossFeminist gifts that give back to empower women and children around the worldThe best holiday gift ideas from Bath & Body WorksTactful gifts for your in-laws that will make a great impressionGift cards you can deliver right to their inbox for a last-minute gift that still feels personalFun holiday gift ideas from NordstromThe best wrapping paper and gift-wrapping suppliesUnique Etsy gifts that come with free shippingPersonalized gifts that are unique and memorable, from a birthstone ring to a portrait made from cheese Tech gifts Affordable tech gifts under $25Affordable tech gifts under $50 — ideas from Amazon, Google, Roku, and moreThoughtful and fun tech gifts under $100High-tech smart home gifts to upgrade their lifeAlexa-enabled smart home and car gifts that are perfect for people who love techTech gifts that men will love to getUseful tech gifts to buy on Amazon at any budgetThe best gifts for teen girls — for every interest and budgetUseful tech gifts moms will enjoy on Mother's DayThoughtful tech gifts for her that she'll loveiPhone accessory gifts for Apple loversTech gifts for teens that that won't end up in a desk drawerTech gifts for kids that will make learning funTech gifts dads will actually love to get this Father's DayUseful Android accessories and compatible gadgets to use with your phone Valentine's Day gifts Unique Valentine's Day gift ideas for everyone in your lifeUnexpected Valentine's Day gifts for him that he'll actually want to keepValentine's Day gifts for her that go beyond flowers and chocolateLast-minute Valentine's Day gifts that are Amazon Prime-eligibleUnexpected and unique Valentine's Day gifts from EtsyThoughtful Valentine's Day gifts from Nordstrom — all with free shippingThoughtful Valentine's Day gifts from Target — all under $25Awesome food gifts to give your Valentine this yearOut-of-the-box Valentine's Day gift ideas for couples with young kidsJewelry that she'll swoon over this Valentine's Day — no matter your budgetThoughtful and fun tech gifts under $100 for Valentine's Day Mother's Day gifts Thoughtful gifts for Mother's Day — for every budgetInexpensive, but thoughtful Mother's Day gifts under $25Perfect Mother's Day gifts that are all under $50The best Mother's Day gifts you can give for under $100Unique gifts that all dog moms will appreciate this Mother's DayUnique Mother's Day gifts new moms will undoubtedly appreciateMother's Day gifts we've given our own momsLast-minute Mother's Day gifts that are still thoughtful and uniqueSkincare gifts your mom will actually use every dayMother's Day gifts you can find at Target, from the practical to the unexpectedGifts that remind us why Nordstrom is a great place to shop for Mother's DayUnexpected Mother's Day gifts that are exceptionally usefulUseful tech gifts moms will enjoy on Mother's DayUnique subscription boxes and services that keep on givingGifts for her — from cult-favorite candles to a monthly book subscriptionUnique Mother's Day gifts that are Prime-eligiblePrime-eligible Mother's Day gifts on Amazon that are all under $25Thoughtful and sweet Mother's Day gifts to give your grandmaAmazon Prime-eligible gifts for Mother's Day — all under $100Understated jewelry gifts to give your mom for Mother's DayGifts for the outdoor lover in your life Father's Day gifts Last-minute gifts your dad actually wants this year — for every budgetThoughtful Father's Day gifts under $25Father's Day gifts under $50Cool and practical Father's Day gifts under $100Unique Father's Day gift basketsCool and useful Father's Day gifts from WalmartFather's Day gifts you can get on Amazon Prime for $50 or lessFunny but useful Father's Day giftsGifts for dads who are hard to shop forFather's Day gifts you can get on Amazon Prime for $100 or lessFather's Day gifts for grandpaLast-minute Father's Day gifts that are Amazon Prime-eligibleFather's Day gifts for outdoorsy dadsClever and cool Father's Day gifts you can buy at NordstromPersonalized Father's Day gifts that aren't cheesy or overdoneFather's Day experience gifts that you and Dad can enjoy togetherUnique gifts your foodie dad will love for Father's DayUnique and interesting Father's Day gifts from EtsyAffordable and useful tech gifts for Dad — all under $100Genuinely useful Father's Day gifts for busy dadsFishing gifts to fuel Dad's favorite hobby this Father's DayFather's Day gifts your dad will use every time he travelsLuxury gifts for dads this holiday seasonPractical and unique gifts for Dad — all under $50Tech gifts dads will actually love to get this Father's DayFun and meaningful Father's Day gifts that new dads will loveTouching Father's Day gifts for those who've lost a father or father figureGifts for the outdoor lover in your life Graduation gifts The best gifts you can get grads that won't cost more than $50Graduation gifts under $100 that the class of 2020 will loveExperiential gifts college grads will loveGift cards that make great graduation gifts and ease the transition to the real worldPerfect graduation gifts for her — as recommended by a recent college graduateClever gifts for college students, according to a recent gradThoughtful college graduation gifts for him, as recommended by a recent graduateClever and practical high school graduation gifts for himThe best graduation gifts for upcoming high school or college gradsThoughtful high school graduation gifts she'll actually want to keepAmazon Prime-eligible gifts for graduates that cost less than $100 Birthday gifts Fun gifts that grown-up Disney and Mickey Mouse fans will loveUseful and fun gifts for coffee lovers they don't already haveFun gifts for devoted Marvel fansCool gift ideas for the music lover in your lifeCreative and unexpected gifts for 'Strangers Things' fansSentimental gifts that are perfect for everyone on your listUnique gifts to give your best friend — all under $100Thoughtful gifts for book lovers to satisfy the bookworm on your listCool last-minute gifts for kids of all agesUnique and unexpected gifts from UncommonGoods they haven't seen beforeLast-minute fitness giftsGifts 'Star Wars' fans of all ages will loveMagical 'Harry Potter' gifts even the most devoted Potterheads will loveOur favorite gag gifts — all from AmazonUnique golf gifts for players of all skill levelsLast-minute cookbooks for every type of home cookUnique and unexpected kitchen gifts from Food52Experiential gifts that won't break the bankSustainable clothing gifts that you can feel good about givingUnique subscription boxes and services that keep on givingBirthday gifts to brighten up celebrations spent in quarantine Amazon gifts Clever gifts from Amazon — all under $50Cool and unique gifts that teenagers will actually appreciate — all from AmazonBaby products that new parents actually want, according to AmazonUseful tech gifts to buy on Amazon at any budgetAmazon Prime-eligible gifts for Mother's Day — all under $100Unique and interesting gifts you didn't know you could find on AmazonHidden gems on Amazon that make great gifts for anyone on your listGift ideas for him that you can get on Amazon for less than $100Unique Mother's Day gifts that are Prime-eligibleThoughtful gifts that are Prime eligible and will arrive in 2 days or lessSweet Valentine's Day gifts you can get on AmazonPrime-eligible Mother's Day gifts on Amazon that are all under $25Unique housewarming gifts from Amazon HandmadeAmazon Prime-eligible gifts for graduates that cost less than $100Our favorite gag gifts — all from Amazon Miscellaneous gifts Small gifts and gestures for friends or family members who are having a hard time self-isolating or social distancingGift ideas from 'Shark Tank' that you can get from AmazonMagical 'Harry Potter' gifts even the most devoted Potterheads will loveGifts 'Star Wars' fans of all ages will loveCreative and unexpected gifts for 'Strangers Things' fansDisney gifts you can buy at TargetBaby Yoda gifts they'll absolutely love even if they haven't watched 'The Mandalorian'Great coffee table books for Disney fansCool gift ideas for the music lover in your lifeUseful gifts for the guitar player in your lifeFun gifts that grown-up Disney and Mickey Mouse fans will loveGifts for the outdoor lover in your lifeFun and unique gifts for tea loversIrresistible food gifts, including lobster rolls, pickle subscriptions, and ice cream flightsCool and unexpected gifts from Urban Outfitters for everyone on your listLast-minute outdoor gifts from REI — for everyone from skiers and snowboarders, to campers and hikersFun and whimsical gifts from The Metropolitan Museum of ArtBeautiful coffee table books to give as giftsBest gifts for travelers, including city stickers, personalized luggage, and useful airport lounge membershipsThoughtful gift ideas from Black-owned businessesGift ideas to show nurses and healthcare workers how much you appreciate themGreat gift ideas for anyone who loves running, from muscle recovery systems to ridiculously comfy socksThe best gifts for vegans, from cookbooks to cruelty-free beauty productsThoughtful gifts for yogis of all skill levelsComforting pregnancy loss gifts to show love and supportGifts anyone who just moved into a new apartment will appreciateCreative and thoughtful host gifts that go beyond the classic fruit basketUnique chocolate gifts that go beyond the traditional box of sweetsFun and useful car gifts auto enthusiasts will love — according to a car collectorMakeup gift sets any beauty lover would be ecstatic to receive for the holidaysGreat gifts to buy for the gamer in your lifeAwesome anime gifts, as recommended by a huge fan of the genre Read the original article on Business Insider.....»»

Category: topSource: businessinsider3 hr. 11 min. ago Related News

North Korea has the world"s largest special-operations force. A defected spy offers hints about how they"d be used in a war.

Not much is known about North Korea's huge special-operations force, but they are believed to be well trained and highly motivated. North Korean leader Kim Jong Un inspecting a North Korean military special-operation forces event in a photo released April 14, 2017. STR/AFP via Getty Images Within North Korea's massive army is another massive force: some 200,000 special-operations troops. Not much is known about those troops, but they are believed to well trained and highly motivated. Pyongyang would likely deploy them before or early in a war to disrupt US and South Korean military operations. North Korea frequently taunts its rivals with a nuclear destruction, and despite its own dire economic and social situation, Pyongyang certainly has the military capabilities to instigate a war that could kill hundreds of thousands, if not millions.Nuclear weapons, ballistic missiles, thousands of artillery pieces, and millions of fanatical troops are the core of the North Korean threat. But Kim Jong Un has another ace up his sleeve: potent special-operations forces.Not much is known about this force, but recent revelations by a senior North Korean spy who defected offer some insight into how Pyongyang's commandos train and fight.North Korea's commandos North Korean special-forces soldiers at a parade for the 105th birth anniversary of Kim Il Sung, in Pyongyang, April 15, 2017. REUTERS/Damir Sagolj The Korean People's Army (KPA) is one of the largest in the world, with an active-duty force of about 1.3 million. Pyongyang also has more than 200,000 special operators organized in standard formations, such as brigades, regiments, battalions, and in even smaller, more specialized outfits.The typical special-operations unit has between 3,000 and 5,000 commandos and falls under the different branches of the North Korean military and under Pyongyang's intelligence service, the Reconnaissance General Bureau.North Korean special-operations units can be divided by specialty.Reconnaissance units specialize in collecting intelligence and passing it back to headquarters. Airborne units can infiltrate by air and seize and hold targets like airfields or bridges. Maritime units can infiltrate from submarines or ships and conduct littoral raids. Commando units can conduct direct-action operations, such as raids.North Korean troops may appear very well equipped during parades in Pyongyang, but those weapons and gear aren't necessarily distributed to the rest of the force. Because of their special mission, North Korean special-operations units receive the best equipment and training.In a recent report, the US Defense Intelligence Agency (DIA) said "North Korean SOF are highly trained and well-equipped in comparison to other units, and, if successfully infiltrated into the South, would be capable of disruptive attacks in the rear area."That gear is rudimentary compared to other countries' special-operations units, but even with technological or logistical shortcomings compared to US and South Korean special-operations units, North Korean commandos are a dedicated and dangerous foe.Crossing the line South Korean soldiers at the border between South and North Korea in Panmunjom, South Korea, July 12, 2017. Chung Sung-Jun/Getty Images According to the US military, KPA doctrine and tactics for ground operations have largely remained the same since the Korean War in the 1950s. Special-operations forces play an important part in KPA's war-fighting doctrine, which seeks to attack an enemy target simultaneously from numerous angles.North Korean special-operations doctrine emphasizes speed and surprise. Pyongyang's special-operations forces have two strategic missions: to infiltrate South Korea and conduct unconventional warfare and sabotage on the US and South Korean rear lines and to defend North Korea against US or South Korean special-operations units.If a major war broke out, the North Korean play would be to swiftly cross the Demilitarized Zone and flood South Korea with troops, attempting a repeat of the early stages of the Korean War, when communist forces almost drove South Korean and UN troops into the sea.In such a scenario, North Korean heavy infantry or mechanized units would strike at South Korean and US forces' frontlines. North Korean special-operations forces, organized in commando or light infantry units, would conduct unconventional warfare to the rear or on the flanks, attacking supply lines, command-and-control centers, and other strategic facilities.By design, North Korea's commandos are aggressive and would prefer to be on the offensive, which is in line with special-operations doctrine around the around. North Korean special-operations forces during an exercise, in a photo released August 26, 2017. STR/AFP via Getty Images They "would be a fierce enemy" if a war broke out, a former Green Beret who served in South Korea told Insider.The Kim regime has cultivated a cult of personality around its leaders, with public pledges of loyalty by troops and military elites."We have the technological advantage and our planes and missiles can bomb them back to the Stone Age, but they will be fighting for their 'god,'" the former Green Beret said. "Since birth, they have been brought up in this cultish environment where the supreme leader is their 'god.' They are fanatical and tough. Korean winters are no joke, and these guys have been trained to survive and operate in such environments. They would fight to the last man."Pyongyang might also use conventional military operations to distract US and South Korean forces and allow its special-operations units to infiltrate the South successfully.In 2010, 46 sailors were killed when a South Korean vessel was sunk in a suspected North Korean submarine attack. A few months later, North Korean artillery shelled a South Korean island near the two countries' maritime boundary, killing four people.In a recent interview with the BBC, Kim Kuk-song, a senior North Korean intelligence officer who defected to South Korea, described how Kim Jong Un uses North Korea's military and intelligence resources for personal enrichment or revenge against real or perceived enemies. North Korean special-operations forces may also facilitate such "gang-style" operations. North Korean troops during a special-operations forces event, in a photo released April 14, 2017. STR/AFP via Getty Images In the event of a war with South Korea, North Korean commandos would also likely attempt a strike against South Korea's leaders and command-and-control centers, seeking to decapitate South Korean leadership and sow confusion in the initial hours of the conflict.It wouldn't be the first time North Korean commandos have tried something like that. On January 31, 1969, a North Korean special-operations assault force infiltrated into South Korea with the goal of assassinating South Korean President Park Chung-hee.The commando team moved fast and aggressively and managed to reach Park's residence in Seoul, even though they were spotted by some farmers along the way. That's when everything unraveled, however, as the North Koreans didn't know the code word to enter the residence and got into a running firefight with South Korean troops.In the end, only one North Korean commando managed to get back into North Korea, with the rest captured or killed.The threat of infiltration and of other attacks by North Korean commandos remains. North Korea may exaggerate its military capabilities regularly, but its special-operations forces are no joke.Stavros Atlamazoglou is a defense journalist specializing in special operations, a Hellenic Army veteran (national service with the 575th Marine Battalion and Army HQ), and a Johns Hopkins University graduate.Read the original article on Business Insider.....»»

Category: topSource: businessinsider3 hr. 11 min. ago Related News

: Inflation is turning into a headwind for these five publicly traded companies, analysis shows

Glyn Kirk/Agence France-Presse/Getty ImagesSophisticated algorithms, based on 25 macro-economic drivers used to calculate appropriate fair values for asset prices, have identified the top five publicly traded companies for which inflation is turning into a significant headwind. The companies are Regeneron Pharmaceuticals Inc. REGN; Centerspace CSR; SBA Communications Corp. SBAC; ResMed Inc. RMD; and DexCom Inc. DXCM, according to Colin Stewart, head of Americas for Quant Insight in New York, citing data as of Wednesday.The data incorporates moves in 2- to 10-year U.S. inflation expectations, using inflation swaps, to determine which companies stand the best chance of weathering a period of higher prices, by being able to pass that on to consumers. The five companies seen as getting helped the most by higher inflation acting as a tailwind are Endo International PLC ENDP; Boston Beer Co. SAM; Calavo Growers Inc. CVGW; Discovery Inc. DISCA; and SelectQuote Inc. SLQT, according to Quant Insight’s data.Higher inflation tends to provide a positive lift to stocks, until either it compresses profit margins and a company lacks the pricing power to make up for it, or markets expect interest-rate rises to put the brakes on economic growth. Bond markets worldwide are now factoring in the potential for a global rate-hiking cycle beginning next year, as evidenced by the pronounced flattening of curves across countries.“Markets, we feel, are hampered by the inability to mark to macro,” or trade at levels that accurately reflect the state of the economy, Stewart said by phone. “We put eyes on this very big blind spot for investors, by calculating all the factors that drive up asset prices across equities, ETFs, rates, commodities and crypto currencies.”A recent explosion of alternative data sources like Quant Insight, based in London and New York, is giving investors access to tools previously reserved for only hedge funds, with traditional money managers scouring the world for information that can give them an edge. Read: The explosion of ‘alternative’ data gives regular investors access to tools previously employed only by hedge fundsQuant Insight serves portfolio managers, traders, insurers and corporations. It was co-founded by former hedge-fund manager Mahmood Noorani and has a team of academic advisors that include astrophysics professor Michael Hobson of the University of Cambridge in the U.K. In March 2020, at the onset of the pandemic in the U.S., the firm predicted the S&P 500 Index SPX would bottom out on the 15th of that month — roughly a week sooner than the index actually did. Quant Insight isn’t currently giving a forecast for the S&P 500, saying the index is now trading “out of regime,” or for reasons that are outside of economic fundamentals, Stewart says. On Wednesday, the S&P 500 edged higher along with the Nasdaq Composite Index COMP as investors weighed earnings from tech stocks. Meanwhile, Dow industrials DJIA were under modest pressure in afternoon trade. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news......»»

Category: topSource: marketwatch3 hr. 23 min. ago Related News

Why the Yield Curve Is Flattening (And What That Means)

In bond markets across the world, yield curves are twisting and turning -- and flattening. The curve is a summary of the spreads between the yields on short-, medium- and long-term sovereign debt. In the second half of this year, from the U.S. to South Korea, gaps have been narrowing between long- and short-term rates as investors weigh the odds that the current surge of inflation will prompt central banks to move more quickly to dial back their massive pandemic-triggered monetary support of the.....»»

Category: topSource: washpost3 hr. 23 min. ago Related News

How China Is Rolling Out a Property Tax on Homes, and Why

The history of private home ownership in Communist China is short, only a couple decades or so. But prices have skyrocketed so quickly that it now has some of the world’s most expensive housing markets. That’s widening the country’s wealth gap and leaving many people, particularly the young and poor, out in the cold. Now, amid a broad effort by President Xi Jinping to promote “common prosperity,” authorities are inching ahead with long-debated plans to start taxing some residential property owne.....»»

Category: topSource: washpost3 hr. 23 min. ago Related News

Facebook orders employees to preserve documents due to inquiries from governments around the world

Facebook sent out a companywide notice on Tuesday ordering employees to preserve documents and communications since 2016 in response to legal inquiries from around the world......»»

Category: topSource: washpost3 hr. 23 min. ago Related News

US Coal Stockpiles Slump To Two Decade Low As Power Plant Demand Surges 

US Coal Stockpiles Slump To Two Decade Low As Power Plant Demand Surges  One of the biggest ironies this year is the transition from fossil fuel generation to green energy has created a global energy crisis that is forcing the U.S., among many other countries, to restart coal-fired power plants ahead of the Northern Hemisphere winter. Coal is roaring back this fall but supplies are not catching up with demand.  According to Bloomberg, US coal supplies dropped to 84.3 million tons in August, the lowest level since 1997.  As of August, about a quarter of all US power generation was derived from coal. As winter approaches, coal-fired power plants will become a more significant percentage of all U.S. power generation.  Power plants are expected to burn 19% more coal this year because soaring natural gas prices have made it uneconomical to produce power. In return, this is forcing generators to burn through coal reserves much quicker and has caught coal producers off guard who cannot bring new coal to the market.  "The ability for the producers to respond is not what the utilities thought it was," Paul Lang, CEO at Arch Resources Inc., said during a conference call Tuesday. "It just doesn't exist anymore." Weeks ago, Ernie Thrasher, CEO of Xcoal Energy & Resources, the largest U.S. exporter of fuel, said demand for coal will remain robust well into 2022. He warned about domestic supply constraints and power companies already "discussing possible grid blackouts this winter."  He said, "They don't see where the fuel is coming from to meet demand," adding that 23% of utilities are switching away from gas to burn more coal. There are not enough coal miners to rapidly increase mining output.  Joe Craft, CEO for Oklahoma-based miner Alliance Resource Partners L.P., warned Monday, "coal stocks for customers are at critically low levels."  Inventory declines came on very quickly as the global energy crisis emerged this year. Stockpile trends were well in line for the first half of the year, but stockpiles began to drop as soon as July rolled around.  S&P Global Market Intelligence data shows Central Appalachia coal prices have surged 39% since the start of the year to $75.50 a ton due to supply constraints.  Matt Preston, director of North American coal markets research for Wood Mackenzie Ltd., said total U.S. inventories could slump by 50 million tons by the end of the year: "Stockpiles are coming down very rapidly," Preston said. "If we have a cold winter, and there has been lots of talk that there could be a cold winter, we could see some issues." With natgas, coal, and oil prices all soaring is a clear signal the green energy transition will take decades, not years. Walking back fossil fuels for unreliable clean energy has been a disaster in Asia and Europe. It could soon cause trouble in the U.S. These power-hungry continents are scrambling to source fossil fuel supplies as stockpiles are well below seasonal trends ahead of cooler weather.  Suppose La Niña conditions produce cooler weather trends in certain parts of the world. In that case, especially, Asia, Europe, and the U.S., coal demand could continue to increase, which would benefit Peabody Energy Corporation's share price.  So far, Peabody's earnings have tripled as coal roars back under a Biden administration.  Tyler Durden Wed, 10/27/2021 - 18:30.....»»

Category: blogSource: zerohedge3 hr. 39 min. ago Related News

He gave the world the perfect pot pipe. Fifty years later, he took it to the internet

Why didn't more people know about the Swiss Army Knife of pot pipes? I went looking for answers. Why didn't more people know about the Swiss Army Knife of pot pipes? I went looking for answers......»»

Category: topSource: latimes4 hr. 23 min. ago Related News

Last Week Marked A Huge Milestone For Crypto

After years in the making, it finally happened… Q3 2021 hedge fund letters, conferences and more ProShares Bitcoin Strategy ETF Debuts On October 15, the Securities and Exchange Commission (SEC) approved the first-ever bitcoin ETF. On October 19, the ProShares Bitcoin Strategy ETF (BITO) debuted on the New York Stock Exchange. This is a big, big milestone. […] After years in the making, it finally happened… if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more ProShares Bitcoin Strategy ETF Debuts On October 15, the Securities and Exchange Commission (SEC) approved the first-ever bitcoin ETF. On October 19, the ProShares Bitcoin Strategy ETF (BITO) debuted on the New York Stock Exchange. This is a big, big milestone. In short, this new ETF makes it easier than ever to access bitcoin (BTC)—through the stock market. It’s an opportunity for millions of investors who want exposure to bitcoin without having to open a dedicated crypto account. Owning BITO isn’t quite the same as owning bitcoin directly. But it’s close. And it’s a lot better than the current options… Until now, the closest thing to a bitcoin ETF was the extremely popular Greyscale Bitcoin Trust (GBTC). GBTC only loosely tracked the actual price of bitcoin—and often diverged from it by 20% or more. BITO should track the price of bitcoin much more closely. Now that the SEC has greenlit it as a crypto ETF, GBTC has announced it intends to convert to an ETF as well. This is a great step forward for the growth of the crypto market… I’m glad bitcoin has brought so much attention to cryptos. But make no mistake. Bitcoin is just the tip of the iceberg in this opportunity. What's going on underneath the surface is far more important. And ultimately, it will be more profitable... Investing In The World’s Most Disruptive Young Tech Companies In short: A whole new “stock market” is forming in crypto… Cryptos are a place where everyday investors with as little as $10 can invest in the world’s most disruptive young tech companies. This has never existed before. It’s an exciting new frontier for investors. And it’s the main reason why the popular narrative on cryptos is completely wrong… Most folks think of cryptos as “currencies” that compete with the US dollar. They think people might someday keep their savings accounts in bitcoin, and pay for everyday things with bitcoin. This is the least exciting aspect of cryptos. The cryptos I’m most interested in represent true ownership stakes in real, disruptive, cash-generating businesses. As I explained earlier this month, the technology behind bitcoin and all other cryptos is called “blockchain.” Blockchain has essentially transformed what computers can do. I won’t bore you with the technical details. All you need to know is that today’s newest and most innovative companies are being built on the blockchain. I’m talking real companies… making real money… using the blockchain to disrupt some of today’s most exciting industries. You can invest in these companies by buying crypto “tokens” in them. Which is just like buying shares in a company that trades on the stock market. Think of a token like equity or shares in the business. Cutting-Edge Business Ideas Today, many of the most exciting, cutting-edge business ideas are happening on the blockchain: not in the stock market. When asked about bitcoin late last year, legendary trader Paul Tudor Jones said the crypto was like “investing in a startup tech company.” That’s important because all sorts of rules and barriers typically stop everyday investors from accessing early-stage opportunities. For example, you have to be “accredited” to invest in most private companies. And you often need to invest a minimum of $50,000 or $100,000. So the average guy is locked out. Cryptos knock down those barriers. Unlike the stock market, cryptos aren’t dominated by Wall Street. And you can buy tokens in many crypto startups for $10. Sometimes less. For example, consider the startup called Helium. This company sells hotspot routers you can install on your roof. Their signal reaches about 200X further than a standard Wi-Fi connection. You can then “sell” internet to nearby folks through this Helium router. For doing that, you get rewarded with Helium tokens which you can exchange for real US dollars. Helium’s making real money selling these routers today. But Helium’s not listed on the stock market. You must buy its token, HNT, to participate in its rapid growth. Helium’s token has appreciated over 2,500% in the last year. A question I often get is: “Can I buy Coinbase (COIN) stock to profit off the growth of crypto?” Coinbase is the largest crypto brokerage in the US. It’s opening up this “new world” of cryptos to millions of people… in an easy-to-use app. The short answer is “yes”—owning Coinbase is an easy way to profit off the growth of crypto. But you should know what you’re buying in Coinbase. You ARE buying a very large company that should do well as crypto continues to grow. You’re NOT buying an early-stage crypto project that could return 100–1. You have to buy the specific early-stage tokens for that. The Great Disruptors: 3 Breakthrough Stocks Set to Double Your Money" Get my latest report where I reveal my three favorite stocks that will hand you 100% gains as they disrupt whole industries. Get your free copy here. Article By Stephen McBride, Editor - Disruption Investor Updated on Oct 27, 2021, 4:41 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalk4 hr. 39 min. ago Related News

The Difference Between Facebook And Its Stock

Whitney Tilson’s email to investors discussing Facebook, Inc. (NASDAQ:FB)’s earnings; the difference between a company and its stock; what are the odds that Build Back Better passes and at what scale? Q3 2021 hedge fund letters, conferences and more Facebook’s Earnings 1) Facebook (FB) reported earnings after the close yesterday… By any objective metric, it […] Whitney Tilson’s email to investors discussing Facebook, Inc. (NASDAQ:FB)’s earnings; the difference between a company and its stock; what are the odds that Build Back Better passes and at what scale? if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more Facebook's Earnings 1) Facebook (FB) reported earnings after the close yesterday... By any objective metric, it was a very impressive quarter: Daily and monthly active users rose 6%, revenue jumped 35%, operating margin was an amazing 36%, and operating income grew 30%. Such numbers are almost unheard of for a company of this size, which is why I continue to believe that Facebook and Alphabet Inc (NASDAQ:GOOGL) are the two greatest businesses of all time. The Difference Between A Company And Its Stock 2) In light of my many e-mails criticizing Facebook in recent weeks, some readers might think that I was bearish on the stock – but that would be incorrect. It's possible to be very critical of a company but still think it's a great business and that the stock is undervalued – which is exactly what my colleagues Berna Barshay, Enrique Abeyta, and I say about Facebook. Specifically, in my October 8 e-mail, I included this excerpt from Berna's Empire Financial Daily: With superior growth and phenomenal margins versus other stocks in the market, it's hard for me to imagine Facebook not trading at a premium multiple to the S&P 500 Index, which is currently priced at about 20 times 2022 earnings. I think Facebook deserves a price-to-earnings (P/E) ratio of at least 25, maybe even 30. I don't think the "E" ["environmental" in environmental, social, and governance investing] is at risk based on yesterday's testimony... so at 25 times $16, you have FB shares at $400 – up roughly 20% from the current quote. And at 30 times, you get FB shares at $480... That's up nearly 45% from here. That upside justifies holding your nose and buying FB shares. They are a great risk-reward here. I added this about Enrique's view: Enrique thinks it's a good trading opportunity and recommended it in his Empire Elite Trader service, which you can subscribe to here – it's only $69 per month, and you can try it risk-free for 30 days. And, finally, I concluded with my own opinion: I'm happy to continue having Facebook's stock as a core holding in our flagship newsletters, Empire Stock Investor and Empire Investment Report... Enrique and Berna are a lot smarter than I am... so listen to them! In summary, to be a successful investor, it's critical to set your emotions aside and distinguish between companies and their stocks. What Are The Odds That Build Back Better Passes And At What Scale? 3) Here's another example of how important it is to set your emotions aside when making investment decisions. The Biden administration has proposed a $3.5 trillion reconciliation bill called The Build Back Better Agenda. Not surprisingly, in these polarized times, it's highly controversial. With every Republican vowing to oppose it, it means that Democrats can't afford to lose a single vote in the U.S. Senate. If this bill passes, there will likely be meaningful implications for the stock market overall – perhaps a short-term boost due to even more fiscal stimulus, but also possibly a long-term negative impact because of higher taxes and debt levels. And the legislation will undoubtedly affect certain sectors, such as pharmaceuticals and energy. Many investors would like to know how likely the bill is to pass and, if so, at what scale? Many folks would have trouble accurately answering these questions because their political beliefs would interfere (i.e., Democrats would guess high; Republicans would guess low). To help me think about this, I turned to a New Zealand-based prediction and betting site, PredictIt, which allows people to bet real money (up to $850 per bet) on political and economic outcomes. Here's what the market currently looks like for The Build Back Better Agenda (you can check the latest numbers here): According to the rules of this market, there's about a 21% chance that Democrats fail to pass the bill or that it's smaller than $1.5 trillion... So, this market is saying that there is roughly a 79% chance that Sen. Joe Manchin of West Virginia and Sen. Kyrsten Sinema of Arizona will end up voting with their Democratic colleagues, and The Build Back Better Agenda passes. But it's likely to be in the $1.5 to $2 trillion range, roughly half what the Biden administration proposed. Those odds sound about right to me – which is one of the reasons why I remain constructive on the market in the near term. The 2021 Stansberry Conference & Alliance Meeting 4) Speaking of which, this was the first slide I presented yesterday at the 2021 Stansberry Conference & Alliance Meeting in Las Vegas: Overall, We Remain Constructive The market is near an all-time high despite many warning flags: inflation, supply chain disruptions, silly bubbles in certain meme stocks like GameStop (GME), AMC Entertainment (AMC), and Digital World Acquisition (DWAC), political polarization, chaos in Washington, etc. We still think this market has room to run, however, because its drivers are still intact: the mother of all economic booms, low interest rates, unprecedented monetary and fiscal stimulus, and plenty of "animal spirits" among investors. The biggest lesson I wish I'd known over the past two decades: When you're in a bull market, you have to ride it until it's crystal clear that a major shock is underway. In other words: Don't batten down the hatches when it's sunny because there might be a storm someday; instead, wait until the skies are dark and the lightning is crackling. 5) I then went on to present my thesis that the future of education is digital. It's a sector that's close to my heart. My parents are both teachers who met and married in the Peace Corps. My first job out of college was helping start Teach for America. I co-founded a political advocacy group that pushes for education reform, and I've been on the board of KIPP charter schools in New York City for the past two decades. So I know what I'm talking about when I say that the American education system is broken – as evidenced by the $1.7 trillion in outstanding student loans held by around 45 million Americans (the average student debt is around $38,000). What's more, student debt will likely surpass $2 trillion in the next year as tuition hikes continue to outpace inflation... up from already stratospheric levels of $27,000 per year at public institutions and $55,000 annually at private institutions. To address these out-of-control costs, I recommended three stocks that I believe are best-positioned to benefit – all of which are recent recommendations in Empire Investment Report (you can learn more and subscribe to it here). I can't reveal the names, as those are for our subscribers, but here's an overview... Textbooks are a small portion of the massive cost of higher education... but it's showing the way to how education can be digitized. And one college textbook company is at the forefront of digital distribution, which is a lot cheaper – for everyone – than buying bulky textbooks at the college bookstore. The stock I discussed generates margins in its digital distribution business that are twice that of its old-school way of selling textbooks. Best of all, the company is only in the early stages of rolling out its model. Last year, the company's digital distribution was just a dozen schools covering 43,000 students... but this year, it's twice as many schools, serving seven times as many students. Even now, it's accessing just 5% of the more than six million college students that represent the company's total potential customer base. I think the stock is "incredibly cheap" from a valuation perspective... and think that it "definitely has multibagger potential." The second company I pitched is one of the leaders in online learning. Its platform is used by more than 150 colleges and universities, which offer video lectures, course certificates, and, increasingly, degrees. But the biggest growth area, where revenue jumped 69% last quarter, is the enterprise segment, selling to businesses, which are using this platform to train their current and future employees. Online learning is now enabling anyone, anywhere in the world, to access an education that can lead to a wide range of jobs. I think the stock could more than double in the next two years. Lastly, I talked about a textbook rental company that's developed a "Netflix-like (NFLX) subscription model," helping students understand the content in the textbooks. Over the past five years, the company has beaten Wall Street analysts' revenue expectations every single quarter. I expect it to continue, leading to a 72% share price gain in the next two years. Best regards, Whitney Tilson Updated on Oct 27, 2021, 5:00 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalk4 hr. 39 min. ago Related News

Joe Biden promised more family and medical leave for US workers during his presidential campaign. Now Democrats are stripping the benefits from his signature social spending package.

Biden's big social-spending bill keeps getting smaller as centrists Joe Manchin and Kyrsten Sinema block most ways of paying for it. President Joe Biden. Chip Somodevilla/Getty Images Democrats are removing paid family and medical leave from the social spending package, according to Politico. It's yet another big cut to the bill, which is getting whittled down as negotiations with moderates continue. However, lawmakers and advocates say the fight to implement paid leave isn't over. Senate Democrats have decided to strip paid family and medical leave benefits from Biden's social spending package, Politico reporter Eleanor Mueller said on Wednesday. Sources told Mueller that attempts to water down the bill didn't work out. In recent weeks, Democrats have scrambled for new revenue sources to pay for the "Build Back Better" bill, which was initially targeted at $4 trillion and may end up at $1.5 trillion or smaller. Key centrist Sens. Joe Manchin and Kyrsten Sinema have variously opposed most of the new tax proposals that Democrats have suggested."It is still a little inconceivable to me that after the last 18 months - and everything we saw during the course of the pandemic - that we are hearing that Congress is going to leave paid leave for another day," Laura Narefsky, counsel on education and workplace justice at the National Women's Law Center (NWLC), told Insider.The family and medical leave benefits were a central focus of President Joe Biden during his 2020 campaign and, even if enacted, would leave Americans with some of the stingiest leave benefits in all the developed world, The New York Times' Upshot reported. The US is already an outlier when it comes to benefits. A report from the Organization for Economic Cooperation and Development (OECD) found that, out of 41 countries, the US was the only one not to mandate paid leave. The US also has no federal sick leave mandates."If the news reports are true, this is a devastating and incomprehensible blow to American families," Vicki Shabo, a paid leave expert at think tank New America, told Insider.She added: "This was a once in a generation opportunity to build on the Family and Medical Leave Act to finally bring the promise of paid leave to the US, to end its outlier status, and to make good on promises that the president ran on."Advocates for paid leave argue that it bolsters the economy, with an analysis from the University of Massachusetts Amherst finding that paid leave would increase Americans' incomes by $28.5 billion every year.Paid leave is among the latest of many cuts Democrats have reportedly made to appease Joe Manchin, including tuition-free community college and an expanded five-year child tax credit. But some lawmakers have been clear that they will keep fighting for all of their priorities until they see the final version of the bill."Until the bill is printed, I will continue working to include paid leave in the Build Back Better plan," New York Sen. Kirsten Gillibrand, who has been a leading advocate for paid leave, said in a statement on Wednesday.Other lawmakers have been making similar statements with regards to wanting to see the final bill text. Michigan Rep. Andy Levin, for example, told Insider during a Tuesday interview that he will keep fighting to get free community college in the bill "right up to the closing whistle."Democrats were hoping to pass the "Build Back Better" bill - along with a $1 trillion bipartisan infrastructure bill - this week."We cannot recover holistically unless you provide the full range of supports that working families need," Narefsky said. "It is so short-sighted to think that because we are trimming down some abstract top-line number, that that is the end goal. Paid family and medical leave is a benefit that touches everyone."This story is developing. Please check back for updates. Read the original article on Business Insider.....»»

Category: topSource: businessinsider4 hr. 39 min. ago Related News

Crypto: World’s richest 29-year-old says biggest risk to crypto is ‘a cascade, combining a big crash, liquidations,’ and U.S. regulatory crackdown

Sam Bankman-Fried, the co-founder and CEO of FTX, one of the world's most prominent crypto exchanges says that one of the biggest potential risks to the digital-asset market is a cascade of events that also features a U.S. regulatory crackdown......»»

Category: topSource: marketwatch4 hr. 55 min. ago Related News

A Global Oil Shortage Is Inevitable

A Global Oil Shortage Is Inevitable Authored by Tsvetana Paraskova via OilPrice.com, While oil and gas companies come under pressure to reduce production, the world’s thirst for new supply is only growing  Without a significant uptick in investment, demand for oil and gas will surpass supply in the not-so-distant future This disconnect between the political desire for less fossil fuels and the global hunger for fossil fuels could drive the price of oil up to $100 Chronic underinvestment in new oil supply since the 2015 crisis and the pressure on oil and gas companies to curb emissions and even “keep it in the ground” will likely lead to peak global oil production earlier than previously expected, analysts say.  This would be a welcome development for green energy advocates, net-zero agendas, and the planet if it weren’t for one simple fact: oil demand is rebounding from the pandemic-driven slump and will set a new average annual record as soon as next year.   The energy transition and the various government plans for net-zero emissions have prompted analysts to forecast that peak oil demand would occur earlier than expected just a few years ago. However, as current investment trends in oil and gas stand, global oil supply could peak sooner than global oil demand, opening a supply gap that would lead to increased volatility on the oil market, with spikes in prices, and, potentially, structurally higher oil prices by the middle of this decade and beyond.  Supply Could Peak Before Demand “On current trends, global oil supply is likely to peak even earlier than demand,” Morgan Stanley’s research department wrote in a note this week carried by Reuters.   “The planet puts boundaries on the amount of carbon that can safely be emitted. Therefore, oil consumption needs to peak,” analysts at Morgan Stanley said. The problem with the world is that oil consumption - wishful thinking, investor pressure, and all - is not peaking. Nor will it peak until the end of this decade at the earliest, according to most estimates.  OPEC expects global oil demand to continue to grow into the mid-2030s to 108 million barrels per day (bpd), after which it is set to plateau until 2045, as per the cartel’s latest annual outlook.  Some other analysts expect peak demand at some point in the late 2020s.  Investment in new supply, however, is severely lagging global oil demand growth. Demand is growing again after the 2020 COVID crisis and, contrary to some expectations from early 2020 that the world’s oil consumption would never return to pre-pandemic levels, demand is currently just a few months away from hitting and exceeding those levels.  Supply Gap Is Looming In Just A Few Years Supply, on the other hand, looks constrained beyond the OPEC+ deal horizon.  New investment last year slumped to a decade-and-a-half low. Last year, global upstream investment sank to a 15-year low of $350 billion, according to estimates by Wood Mackenzie from earlier this year.  Investment is not expected to materially pick up this year, either, despite $80 oil. That’s because supermajors stick to capital discipline and pledge net-zero emission targets, part of which some of them plan to reach by curbing investment and developments in non-core little-profitable new oil projects.  U.S. shale, for its part, is not rushing this time to “drill themselves into oblivion,” as Harold Hamm said in 2017, as American producers look to finally reward shareholders after years of plowing cash flows into drilling and chasing production growth.  Considering that oil demand will still grow, at least for a few more years, underinvestment in new supply would be a major problem in the medium and long term.  Despite the energy transition, demand will not just vanish, and new supply will be needed for years to come to replace declining production and reserves.  The oil industry will need massive investments over the next 25 years in order to meet demand, according to OPEC. The industry will need cumulative long-term upstream, midstream, and downstream oil-related investments of $11.8 trillion by 2045, OPEC says. Patrick Pouyanné, chief executive at France’s TotalEnergies, said at the Energy Intelligence Forum this month that oil prices would “rocket to the roof” by 2030 if the industry were to stop investments in new supply, as some scenarios for net-zero by 2050 suggest. “If we stop investing in 2020, we leave all these resources in the ground ... and then the price will rocket to the roof. And even in developed countries, it will be a big issue,” Pouyanné said.  $100 Oil Is No Longer An Outrageous Prediction  A triple-digit oil price is no longer an outrageous prediction as it would have been in early 2020.   Francisco Blanch, global head of commodities and derivatives research at Bank of America, expects oil to hit $100 by September 2022, or even earlier if this winter is much colder than expected.  Demand is coming back, while we have seen severe underinvestment in supply the last 18 months, Blanch told Bloomberg at the end of September.    “The underinvestment problem cannot be solved easily, and at the same time we have surging demand,” he said.  “We are moving into a straightjacket for energy, we don’t want to use coal, we want to use less and less gas, we want to move away from oil,” Blanch told Bloomberg.  While oil is unlikely to sit at triple digits for a sustained period of time, underinvestment has become “a multi-year problem” for the industry, Blanch noted.  Even if oil doesn’t stay at $100 a barrel, a supply crunch down the road would nevertheless move the floor under oil prices higher and lead to unsustainable price spikes. As much as climate activists want a stop to investment in new supply, the industry and the world cannot afford it because oil demand continues to grow.   Tyler Durden Wed, 10/27/2021 - 16:50.....»»

Category: blogSource: zerohedge5 hr. 11 min. ago Related News

October to See 3 Bitcoin Futures ETFs? Let"s Explore

October 2021 will be long-remembered in the investing world for the launch of bitcoin futures ETFs. October 2021 will be long-remembered in the investing world for the launch of bitcoin futures ETFs. ProShares Bitcoin Strategy ETF BITO, the first US listed bitcoin ETF has started trading on Oct 19, making the world’s biggest cryptocurrency available in a tax-efficient wrapper to investors via any brokerage account.VanEck will join ProShares in launching a bitcoin futures exchange-traded fund (XBTF). Plus, Valkyrie Investments’s bitcoin futures exchange-traded fund also won the green signal of the U.S. Securities and Exchange Commission. The fund (BTFD) started trading from Oct 22.These are great success from the issuers’ point of view. Despite the humongous success witnessed lately, regulatory concerns have always been a hurdle for bitcoin. There have been repeated attempts in the past by ETF issuers to bring an exchange-traded-product on the cryptocurrency. But none received the SEC nod up until October 2021. The SEC was seemingly looking for more proof of safety in this trade (read: Bitcoin Matches SPY ETF in 1H: What Lies in 2H of 2021?).More Futures-Based ETF Launches Ahead?SEC Chair Gary Gensler indicated his preference for futures tracking ETFs, created under the existing 1940 Investment Company Act, which provide considerable investor protection. Futures-based products are however not as efficient as physically-based products in general since derivatives add another layer of complexity, with the need to rollover. They also are not very good at tracking spot prices (read: Bitcoin & Blockchain ETFs: What Investors Should Know).The likelihood the ETF’s listing appeared to push up the price of bitcoin over the past week. Bitcoin hit a record level of $66K on ETF news. Several companies, including Invesco have applied to bring about similar ETFs that could follow ProShares into the market in the weeks ahead.In the absence of an ETF before, investors used to track products like the Grayscale Bitcoin Trust (GBTC) that can trade at a significant discount or premium to their NAV. But these are only available to qualified wealthy investors or in over-the-counter markets.Any More Downsides in the Cards?Environmental concerns may be a downside risk for the fund. Per a CNBC article, questions regarding the bitcoin’s impact on the environment could be another issue for the cryptocurrency. “Bitcoin mining equipment requires lots of electricity to run, and bitcoin’s energy consumption has risen considerably over the years in tandem with its price. While bitcoin’s critics have long warned of its huge carbon footprint, Tesla CEO Elon Musk brought the issue back to the fore this year,” the article noted.ETFs in Focus If you are still unsure about investing in BITO, XBTF and BTFD and want to wait for more futures-based ETF launches, stocks that are related to bitcoin mining or trading may entice you as they play an indirect role in betting on this crypto asset.Coinbase Global Inc. COIN is a U.S. company that operates a cryptocurrency exchange platform without an official physical headquarter. Coinbase has exposure to funds like VanEck Vectors Digital Transformation ETF DAPP, Simplify Volt Fintech Disruption ETF (VFIN) and Renaissance IPO ETF (IPO). Blockchain ETFs like Amplify Transformational Data Sharing ETF BLOK should also be watched by investors interested in bitcoin.Then there is crypto innovators ETF namely Bitwise Crypto Industry Innovators ETF BITQ. The underlying Bitwise Crypto Innovators 30 Index measures the performance of companies involved in servicing the cryptocurrency markets, including crypto mining firms, crypto mining equipment suppliers, crypto financial services companies, or other financial institutions servicing primarily crypto-related clientele. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amplify Transformational Data Sharing ETF (BLOK): ETF Research Reports Coinbase Global, Inc. (COIN): Free Stock Analysis Report VanEck Digital Transformation ETF (DAPP): ETF Research Reports Bitwise Crypto Industry Innovators ETF (BITQ): ETF Research Reports ProShares Bitcoin Strategy ETF (BITO): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacks5 hr. 23 min. ago Related News

Billionaires To Fund "Anti-Disinformation" Media Companies To "Restore Social Trust"

Billionaires To Fund "Anti-Disinformation" Media Companies To "Restore Social Trust" Authored by Katabella Roberts via The Epoch Times, Billionaires Reid Hoffman and George Soros are backing a public benefit corporation that will provide funding to new media companies aimed at tackling disinformation online and restoring social trust. Good Information Inc. launched on Tuesday and is being led by former Democratic strategist Tara McGowan who previously ran a progressive non-profit called ACRONYM, which was backed by LinkedIn founder Hoffman. Others contributing to the multi-million seed effort include investors Ken and Jen Duda, and Incite Ventures. In a press release on Oct. 26, Good Information Inc said its aim is to “restore social trust” and “strengthen democracy” by “investing in solutions that counter disinformation and increase the flow of good information online.” “America is currently in the throes of a disinformation epidemic that is threatening public health, social trust, and democracy around the world. Good Information Inc. believes there is un-met audience demand for fact-based information, especially in local markets that have lost many of their legacy local news sources in recent years, and among audiences that are being left behind by evolving media business models,” the corporation said in a statement. Good Information Inc. will be investing in media outlets that provide customers with trusted and fact-based information, as well as local community news, particularly in markets where there are little to no local news outlets reaching online communities. The company said that an “increasingly decentralized media environment, anti-democracy forces, and networks of bad actors” have resulted in “dangerous consequences,” noting that 96 million Americans believe the election was stolen from former President Donald Trump, while 89 million Americans believe voter fraud is a major problem. Trump has maintained that there was “massive voter fraud” in the 2020 elections. “Good information that upholds the truth, common sense, and shared values of a society is the lifeblood of democracy, and orchestrated disinformation—fueled and amplified by bias-driven algorithms—is its greatest threat. The disinformation crisis we are facing in America today is increasing polarization and eroding our trust in each other, which is having a corrosive effect on our democracy, jeopardizing public health, and destabilizing our economy,” founder and CEO McGowan said in a statement. “This is no longer a political dispute about the truth, but the direct result of unregulated business models that are putting whole communities around the world at risk, and putting democracy around the world in peril.” McGowan’s former progressive non-profit, ACRONYM, ran one of the biggest digital campaigns—costing $100 million—aimed at convincing millions of Americans to vote against Donald Trump in the 2020 elections, Fast Company reports. One of the companies ACRONYM invested in, called Shadow, produced the vote tabulation app used in the Iowa caucuses and contributed to the delayed reporting of the results following a string of technical issues. McGowan later apologized for the incident, telling Axios that the Shadow team, “made an enormous mistake that has dire consequences in this election and so we want to own that.” As its first major investment, Good Information Inc. has officially acquired Courier Newsroom, a civic media company composed of eight state-based news outlets. Pat Kreitlow, who co-founded Courier’s Wisconsin news outlet UpNorthNews, said in a statement that the company is “extremely happy to be the first investment of Good Information’s portfolio.” “We are seeing unparalleled threats to our country’s democracy and a free press today—threats so grave that the long-running fight against misinformation seems almost quaint as we confront outright disinformation from people preying upon Americans fears and anxieties to push their own agenda or profit margins,” Kreitlow said. Tyler Durden Wed, 10/27/2021 - 15:46.....»»

Category: blogSource: zerohedge5 hr. 23 min. ago Related News

Flood Of SHIBA INU Buyers Crashes Coinbase

Flood Of SHIBA INU Buyers Crashes Coinbase Tens of millions of Coinbase users were locked out of their accounts around 3:30 pm ET when Shiba Inu (SHIB), the Ethereum-based Dogecoin copycat altcoin which has a total circulating supply of 1 quadrillion (meant to be an intentional contrast to Bitcoin's 21MM token scarcity) and which was already about up 60% for the day (and up a few million % in the past year), saw a relentless flood of buy orders... .... resulting in a crash in Coinbase - which now has a market cap of $65BN and still yet can't operate during a traffic spike - and this "welcome" message: At that moment, the token which is basically a spoof of Dogecoin (and just as valuable), had reached a market cap of over $30 billion, making it bigger than Doge. So powerful was the scramble to participate in the relentless upward SHIB momentum, it was the reason for today's drop in Bitcoin and Ethereum, both of which tumbled overnight when the latest buying spree commenced... ... and which soared higher the moment Coinbase went down as accounts couldn't sell the two largest cryptos to buy what is by definition a joke altcoin. That said SHIB, like DOGE, may be a "joke" crypto but that hardly matters to anyone who bought it and held at any time in the past few weeks/months and held: their profits at this moment are greater than any other asset class in the world right now. Tyler Durden Wed, 10/27/2021 - 16:30.....»»

Category: blogSource: zerohedge5 hr. 23 min. ago Related News

Why Bitcoin Regulation Takes Us From Now To Next

EVP, Financial Services, Dave Donovan, on why cryptocurrency, and bitcoin regulation will serve to benefit the financial services landscape and wider society both short and long term. Q3 2021 hedge fund letters, conferences and more Bitcoin Regulation Is A Long Term Win For Everyone Right now Bitcoin is volatile because it’s not being regulated, which […] EVP, Financial Services, Dave Donovan, on why cryptocurrency, and bitcoin regulation will serve to benefit the financial services landscape and wider society both short and long term. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more Bitcoin Regulation Is A Long Term Win For Everyone Right now Bitcoin is volatile because it’s not being regulated, which scares away various institutions that could stand to benefit from using Bitcoin for a plethora of reasons (i.e stocks, collateral, etc.) Overall, increased regulation of cryptocurrencies, and specifically, bitcoin will benefit everyone. You could use smart regulation to help users and institutions safeguard their wealth. Doing so will increase stability while driving up the value and price of Bitcoin in the long term. The formula is simple, greater investor protection makes for greater confidence which begets a larger user base, thus driving up Bitcoin demand and ultimately price. This potential sequence of events precipitates an environment that encourages larger institutions to get off the sidelines and join the existing Bitcoin user base due to increased certainty in investor protections. But that’s not all larger institutions need. They will also require greater transparency to trust not only Bitcoin, but the activities and transactions underpinned by Bitcoin such as borrowing, lending, custody, and everything else we currently do with dollars which have serial numbers. Stable Coins Backed By Treasuries Must Lead The Way Stable Coins, or currencies that derive their value from an external source such as legal tender, a commodity, or other collateral, are a form of cryptocurrency. In theory, Stable Coins backed by treasuries potentially offer the best of both worlds, with the blockchain underpinning speed, cost efficiency, and transparency, while the treasury backing offers the stability needed. Well-documented and transparent exposure can ease current anxieties around Stable Coin cryptocurrencies. These assurances are necessary and preferable to stable coins backed by commercial institutions, which are subject to the effects of a liquidity event due to Stable Coins only being as valuable as the collateral that values them. This relationship could create demand for the wrong reasons which, again, points to regulation as a stabilizing solution. Another clear way to guard against system risk would be to agree on a global Bitcoin standard. Decentralized, Democratized Banking Frees People To Transact More We understand Bitcoin as a store of value, and blockchain as the system which underpins that store of value. To unlock a greater user base, Bitcoin should continue to appeal to the unbanked and underbanked, as Bitcoin can democratize global banking. This occurs because blockchain is a middle man eliminator across industries, all you need is an internet connection and a phone to get in the game. Moving Money Should Be Free Functionally speaking, it’s almost as if the internet didn’t happen for the financial services industry twenty years ago. We digitized the functions but didn’t digitize the protocols themselves. We had clean and clear interfaces underpinned by the same old ACH payment rails which take 3-4 days to clear and cost a fortune in fees. The bottom line is that moving money should be free and easy. The real magic in Bitcoin and new financial systems is the lives that will change. Think of all the gig workers, landscapers, dishwashers, warehouse workers, and immigrants who came to this country and do the jobs which underpin our enjoyable way of life. Why should we be taking away money that they’re trying to send back to their families abroad? Why do we hit those living check-to-check with overdraft fees due to ACH rail hold-up? Why can’t we front them with the money they’ve shown us they have and will continue to have? For the sake of economic certainty, and with the blockchain-enabled protocol solutions we have available, these hold-ups and fees should no longer be tolerated. Newer systems exist that allow us to move money more cost-effectively and with greater speed. Regulation is key to those systems taking root. Through blockchains protocol transparency, increased user confidence, mainstream adoption, the democratization of global finance will stimulate increased commerce. Regulating Bitcoin and other cryptocurrencies will bridge us from now to next. Updated on Oct 27, 2021, 4:17 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalk5 hr. 39 min. ago Related News