What Fueled Last Week’s Cryptocurrency Plunge?

Although it’s generally hard to pinpoint the particular reasons why cryptocurrencies have fallen so much over the past week (some have already begun to recover), here are a few possibilities to consider. First, there is a possibility that blockchain or cryptocurrency...

Constellation Brands Poised to Create a Cannabis Mega-Empire

If you are a wine or beer enthusiast, you’re probably aware of Constellation Brands. A Fortune 500 company, Constellation is not only an international producer and marketer of alcoholic beverages, they are also known for their acquisitions of smaller wineries and...

Is the End Near for the Current U.S. Economic Expansion?

Bull markets expire. Bear markets expire. That’s why they call it a market cycle. This cyclicality is inevitable and unavoidable.   When a bull market is nearing its end, we often have a difficult time seeing (let alone believing) it. Likewise, when a bear market...

Highest Core Inflation in a Decade Flattens US Wage Growth

Halifax America Intro: Real wage growth has been a contentious issue for Republicans and Democrats alike. Yet the meager growth we’ve seen in recent periods have been eaten into by rising US consumer prices, rendering any of their benefits (more or less)...

Global Markets Plunged on Friday With the Turkish Lira At Its Center

Halifax America Introduction: Turkey is in turmoil, with its currency having lost a quarter of its value against the US Dollar. And threats of further US sanctions have only escalated the situation, raising a real possibility of a Turkish recession and banking crisis....

How the Turkish Crisis May Be Far Worse Than Greece

Halifax America Intro: The collapse of the Turkish Lira was a gambit that ended up a self-inflicted disaster. In fighting for the interests if his country, or perhaps his own interest, Erdogan might have discovered that his biggest foe turns out to be himself. And any...