Category: Investing
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Investing
Markets May Not Know How to Handle Trump Scandals but Bitcoin Booms
In these uncertain times many are taking an interest in alternative forms of currency. This is especially true with so-called cryptocurrencies that aren't tied to any government the way traditional currencies are but also rings true for more proven commodities like gold. Once again, in these interesting times, it seems many are looking for something they feel they can rely on to be at least a little bit more predictable.Investing
Trump's First 100 Days: Wins, Losses, and What Could Be Next
In his first 100 days, President Donald Trump has certainly had a tenure unlike any other in recent memory. With previous pledges falling by the wayside and new causes (like Canada) cropping up in the President's plans, it's been as difficult as ever to predict what might happen next. As the President even admitted, the job is not quite what he expected, leaving the rest of us to only wonder...Investing
Debate Over Trump's Economic Policies Grows
As new data released shows the U.S. economy growing, President Trump's policies have caused controversy. Most recently his order to roll back environmental protects has some wondering if the President's plan could have an adverse effect on the economy.Investing
Tourism Industry Braces for "Trump Slump"
At this point any potential impact that President Trump's policies could have on the tourism industry over the next four years (or more) is pure speculation based on very recent and mostly reactionary data. That said, with foreign travel to the United States making up such a massive market — a report from last April found that international visitors to the U.S. spent $700 million a day during that month...Investing
Final Obama-Era Jobs Report Released As Economic Uncertainty Grows
Earlier this week the Bureau of Labor Statistics released their jobs report for January 2017, which just so happens to mark the last 20 days of the Obama administration. As FiveThirtyEight notes the latest report is starkly different from the one released as the 44th president assumed the office eight years ago. In January of 2009 the unemployment rate reached 7.6% (it would top 10% later that year) and showed a monthly loss...Investing
What the Dow Hitting 20,000 Really Means
Last week the Dow Jones Industrial Average reached a new milestone, surpassing 20,000 for the first time ever. This achievement was quickly heralded by observers (who had been eyeing it for weeks following some close calls) as well as by President Trump who said he was "very honored" by the accomplishment. At the same time many have pondered whether the fanfare surrounding the event may be a bit overblown.So what does...Investing