Bitcoin mania is starting to look like a religion. I say that because both bitcoin and religion involve faith in the unknowable. Some bitcoin investors believe the cryptocurrency, along with the underlying blockchain technology, will be a vital part of a new, decentralized, post-government society.
2018’s Number One Risk
To find the market’s biggest weakness, a good place to look is at the most crowded movie theater with the smallest exit. European bonds.
GOP Tax Plan Doubles Down on Policies That Are Crushing the Middle Class
The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than one’s parents, and retiring in comfort are all hallmarks of a middle-class lifestyle.
Here's the Thing About Financial Literacy...
Some people are better with money than others. Is it nature or nurture? What I mean is: can investing be taught, or does it come naturally?
Europe’s Era of Harmony Is Over
The European Union is engaged in a two-front fight for its own survival. On the western side, the United Kingdom has voted to leave the EU, and Brussels and London are struggling to find a mutually beneficial basis for the future. To the east, the bloc has admonished the government of Poland, an EU member, for actions it deemed undemocratic.
Move Over, Tesla! China Holds the Keys to Electric Vehicles
In the third quarter, global sales of electric vehicles (EVs) soared 63 percent compared to the same period last year, 23 percent compared to the second quarter. A total of 287,000 units were reportedly sold in the September quarter, leading Bloomberg New Energy Finance to project total annual sales to exceed 1 million units for the first time.
The Coming Conflict Between China and Japan
As the U.S. nears the limits of its power, regional powers will be more unencumbered than ever before.
DNA has gone digital – what could possibly go wrong?
Biology is becoming increasingly digitized. Researchers like us use computers to analyze DNA, operate lab equipment and store genetic information. But new capabilities also mean new risks – and biologists remain largely unaware of the potential vulnerabilities that come with digitizing biotechnology.