The sell-off on Black Friday had all business media claiming it was a result of the new COVD19 variant "Omicron" found in Africa; this is absolutely not the case for the crypto and stock sell-off. In reality, the "retail investor" is what is keeping this market a float (not to mention the amount of currency … Continue reading Ghost’s Financial Market Report – Black Friday Sell Off
The prognosticator of prognosticators strikes again! Last week's Federal Reserve announcement of pushing back interest rate hikes from 2024 to 2023 has instantly put assets in freefall into the negative. The FED's actions brought instant gains into the U.S. dollar to a 2 month high. Prices of commodities also took at hit with this announcement. … Continue reading Ghost’s Financial Market Report – 1
It's become so predictable! Any bad news or slight sign of negativity, crypto investors run away like a wide-eyed "spectrum brat" scolded for their Autism. This is an unfortunate side-effect of a new form of economics birthed via technology. Nerds, dorks and socially warped neck beards comprise the majority of the cryptocurrency markets, bringing emotionally … Continue reading The Majority Of Crypto Investors Are Pussies!