Crypto Owners, the Worst is Yet to Come

Crypto Owners, the Worst is Yet to Come

Posted by Halifax America – Authored by Aaron Hankin via MarketWatch   Crypto owners got a much-needed reprieve on Wednesday with bitcoin and major digital currencies posting double-digit gains, breathing life into their portfolios that have been shredded to...
Oil Prices Are Dragging Down the Economy

Oil Prices Are Dragging Down the Economy

Posted by Halifax America Source: MarketWatch   President Donald Trump on Wednesday touted falling oil prices as a “tax cut for America and the world,” but economists say the shale revolution, which has turned the U.S. back into a major oil producer, means that...
Stock Market Gains for 2018 Vanish

Stock Market Gains for 2018 Vanish

Posted by Halifax America Source: Marketwatch “U.S. stocks fell sharply at the start of trade Tuesday, extending a pre-Thanksgiving rout that has been fueled mostly by a selling in shares of technology and internet-related companies. Sharp declines in Target and...
$9 Trillion Corporate Debt Bubbling in the Economy

$9 Trillion Corporate Debt Bubbling in the Economy

Posted by Halifax America Source: CNBC   At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors.   On Wall Street, though, hopes...