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Day: March 1, 2018

Ex-Fed Chairman Alan Greenspan: ‘We are in a bond market bubble’ that’s beginning to unwind

Former Federal Reserve Chariman Alan Greenspan told CNBC on Thursday the decadeslong bull market in bond prices is coming to an end. “We are in a bond market bubble” that’s beginning to unwind, he said on “Squawk on the Street,” as new Fed Chairman Jerome Powell appeared on Capitol Hill for the second time this …

Ex-Fed Chairman Alan Greenspan: ‘We are in a bond market bubble’ that’s beginning to unwindRead More

Overstock.com drops after revealing SEC investigation into cryptocurrency token sale

Shares of Overstock.com fell Thursday after the e-commerce retailer that’s announced cryptocurrency operations in the last year disclosed the Securities and Exchange Commission is investigating the firm over digital tokens. In an 8-K filing Thursday with the commission, Overstock said that in February the SEC requested “certain documents related to the Offering and the Tokens …

Overstock.com drops after revealing SEC investigation into cryptocurrency token saleRead More

Overstock.com drops 10% after revealing SEC investigation into cryptocurrency token sale

Shares of Overstock.com dropped more than 10 percent in pre-market trading Thursday after the e-commerce retailer that’s developed cryprocurrency operations in the last year disclosed that the Securities and Exchange Commission is investigating the firm over digital tokens. “In February 2018, the Division of Enforcement of the SEC informed the Company that it is conducting …

Overstock.com drops 10% after revealing SEC investigation into cryptocurrency token saleRead More

Watch steel stocks pop, fall, then rebound as Trump’s trade tariff battle plays out in real time

Steel and aluminum stocks traded in a wide range Thursday as a battle between President Donald Trump and his advisors on the implementation of tariffs played out in real time. Shares of U.S. Steel closed up 5.8 percent, while AK Steel gained surged 9.5 percent. Century Aluminum and Steel Dynamics rose 7.5 percent and 4 …

Watch steel stocks pop, fall, then rebound as Trump’s trade tariff battle plays out in real timeRead More

Don’t make this bitcoin investing mistake, warns fund manager who’s nearly all-in on cryptocurrencies

Bitcoin bull and hedge fund manager Brian Kelly says the key to building a portfolio of digital currencies is first understanding the crypto universe. “Bitcoin is just the biggest of literally thousands of cryptocurrencies,” the founder of BK Capital Management told CNBC’s “Fast Money” on Wednesday. “[Cryptocurrency] is a world onto itself. It’s its own …

Don’t make this bitcoin investing mistake, warns fund manager who’s nearly all-in on cryptocurrenciesRead More

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