By Teeka Tiwari, editor, Palm Beach Daily In the late 1980s and early 1990s, trying to buy foreign stocks was a nightmare… You had to open up a foreign account. You had to fund it with foreign money. You had to deal with a foreign broker. And you had to be in your office at 5 … Read more
By Greg Wilson, analyst, Palm Beach Daily Bitcoin is down about 22% over the last month. And technical analysts fear the price could drop even lower. You see, the news has generally been negative recently: The Securities and Exchange Commission rejected another proposed bitcoin exchange-traded fund (ETF). The IRS issued complicated tax guidelines on hard forks … Read more
By Greg Wilson, analyst, Palm Beach Daily Last week, manufacturing giant GE froze pensions for 20,000 employees. The company has $34 billion in unfunded pension liabilities. And if it paid all its pension liabilities today, pensioners would only get 76 cents on the dollar. By freezing pensions, GE hopes to reduce its retirement fund deficit by … Read more
By Teeka Tiwari, editor, Palm Beach Confidential It’s a topic readers have been asking me about frequently the past month… From Dave L.: Teeka, what’s going on? Bakkt launched last month, yet bitcoin hasn’t moved. How much longer will it be before we see those exponential gains? From Jacob W.: Teeka, could you please explain why cryptos dropped … Read more
I just wanted to let you know that if you are interested in Teeka’s Palm Beach Confidential Crypto Newsletter – it closes down in 48 hours. I know this newsletter has been marketed pretty hard by just about everyone in the crypto space, but you can’t argue with his results, which is ultimately the only … Read more