The housing market is currently experiencing a spike in foreclosures. The question is, does this spell doom and gloom for real estate? Or will this end up being a blip on the radar with little…
This Is How Dem’s Tikes Hikes Will Impact…
House Democrats unveiled a sweeping tax-hike plan this week that dramatically raises the rates paid by wealthy Americans and corporations – but the proposal could also have long-term implications for the middle class. The proposal would roll…
AMC Theaters to Accept Cryptocurrency
AMC CEO Adam Aron says the movie chain is planning to accept cryptocurrencies Ethereum, Litecoin and Bitcoin Cash for online ticket and concession purchases. The announcement comes after Aron revealed on AMC's second quarter earnings call that the company…
Heresy Financial: Does Energy Give Bitcoin (Or Anything)…
Many people talk about the energy that bitcoin (and gold) stores for you as a reason for its value. The pushback against this argument is that is sounds an awful lot like the labor theory…
Heresy Financial: Small Losses
Small losses are an integral part of every successful investor's or trader's strategy. It is simple risk management. However, it is also key to allow small losses in a system at scale, like an economy.…
Some Jobs are Offering Sign-On Bonuses of up…
A shortage of talent has pushed companies to offer sign-on bonuses of up to $100,000 for some high-end speciality jobs, an analysis of job advertisements from 4,000 of the world’s largest companies concluded. Sign-on bonus have…
Lululemon stock poised for record as more than…
Lululemon Athletica Inc. shares rallied in the extended session Wednesday and could break records on Thursday after the athleisure-apparel maker blew past Wall Street estimates for the quarter and hiked its full-year forecast by a…
Heresy Financial: Foreclosure Tsunami About to Crash the…
Forbearances lead to foreclosures, and foreclosures lead to a housing market collapse. Right? At least that is what most headlines have been suggesting since the start of the pandemic. But what does the data say?…
Does Deflation Crush Consumption?
The main argument against the benefits of deflation are the negative effects that deflation allegedly has on spending and consumption. So what does deflation really do to consumption? And is growth hindered as a result?