Earlier this year, I predicted Cryptocurrencies would crash. Well I was wrong, they crashed twice. Then, I argued you should skill up because this was the big one. Which I’m sure many are doing right now. Now the big question is what is going to happen next? It is going to crash again but the trend is going to be up punctuated with gut wrenching corrections. This is only the beginning, not the end, of Bitcoin and the other 1,000 altcoins. There is only one call to make. That call is simple and was highlighted by Jamie Dimon of...Read More
Author: Brandi Zeledon
Tactical trading flows seen as EUR/USD drops to one-week low GBP falls from 1.3300 perch as wage data muddy BOE outlook Why the U.S. Dollar Might Be About to Rally The dollar gained for a third day, its longest winning streak in more than a month, as hopes for U.S. tax reform revived. The Bloomberg dollar index rose 0.4 percent after Republican leaders said a tax plan from the Trump administration is coming soon. The dollar erased a drop of as much as 0.2 percent and gained against all G-10 peers, while Treasury yields advanced for a fourth day, as House Speaker Paul Ryan...Read More
Vikram Pandit says AI, robotics reduced need for some staff Pandit now CEO of New York-based investment firm Orogen Group Pandit Calls China Payment Firms’ Success Breathtaking Vikram Pandit, who ran Citigroup Inc. during the financial crisis, said developments in technology could see some 30 percent of banking jobs disappearing in the next five years. Artificial intelligence and robotics reduce the need for staff in roles such as back-office functions, Pandit, 60, said Wednesday in an interview with Bloomberg Television’s Haslinda Amin in Singapore. He’s now chief executive officer of Orogen Group, an investment firm that he co-founded last year. “Everything...Read More
Apple Unveils IPhone X With New Display as Rivals Grow Device starts at $999 and is available on Nov. 3, company says 10th anniversary device is first major redesign since 2014 Apple Unveils iPhone X at Product Event Apple Inc. unveiled its most important new iPhone for years to take on growing competition from Samsung Electronics Co., Google and a host of Chinese smartphone makers. Chief Executive Officer Tim Cook showed off the iPhone X with an edge-to-edge screen during an event at the company’s new $5 billion headquarters in Cupertino, California, on Tuesday. Cook pronounced the name “ten,” but...Read More
U.S. economy gains a strong 222,000 jobs in June America’s strong job market just got a little better. The U.S. economy added 222,000 jobs in June, much more than economists were expecting, the Labor Department said Friday. It’s welcome news after the prior two jobs reports had hinted at a possible slowdown in job growth. “The job market hasn’t lost any steam,” says Josh Wright, chief economist at software firm iCIMS. The unemployment rate rose slightly to 4.4%, hovering just above its lowest level since 2001. Shortly after the Great Recession ended in 2009, unemployment peaked at 10%. Unemployment rose for...Read More
For the last 22 years I have worked for major firms analyzing market data, interviewing world-class entrepreneurs, and studying global finance. With the massive demand for accurate, potent, and game changing information out there, I decided to start my Bulletproof Financing blog. By combining my passions for finance and writing, I have now found the perfect medium to continue my career.