THE STOCK MARKET ON THE BRINK OF A BEAR MARKET
A Wall-Street veteran comments on the stock market as it teeters on the brink of a bear market. In a recent interview on CNBC, CEO of Morgan Creek Capital Management, Mark Yusko, announced that that bears are already out and stocks are going to finish the year on an economic downturn, lower by a double-digit percentage. This is not the first time that Yusko has correctly predicted that course of stocks. In 2018 he predicted yet again that stocks would end the tear on a sour note, and they did. Yusko has suggested that we will see another “credit crisis” …
Millennials Trust Crypto more than Stocks
Millennials are hard to please and they do not offer out their trust to just anyone or anything. They do not trust the big banks or stock markets. They demand answers from advertisements, Wall Street, Parliament and definitely news outlets. But they do trust Crypto. In a latest survey carried out by eToro, a leading global investment platform, they found that 66 per cent of millennial online traders trust crypto exchanges more than the United States Stock Market. Even those millennials that are not involved yet in trading crypto, one third stated they would trust crypto over the stock market. …
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