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...
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,...