US economy not headed for ‘massive slowdown,' portfolio manager says

US consumers sitting on a ‘ton’ of cash: Portfolio manager Federated Hermes portfolio manager Steve Chiavarone argues the U.S. economy is not headed for a ‘massive slowdown’ because consumers are sitting on a ‘ton’ of cash and are ready to spend it. The U.S. economy is not at risk of a recession, or a "massive… Continue reading US economy not headed for ‘massive slowdown,' portfolio manager says

Signs of new caravans headed to the border as WH faces backlash for not calling it a 'crisis'

White House declines to call migrant border surge a ‘crisis’ FOX News White House correspondent Peter Doocy has the latest on ‘Special Report’ U.S. Border Patrol agents assigned to the Rio Grande City station on Saturday encountered two large groups of illegal immigrants crossing into the United States, in a possible sign of a deepening… Continue reading Signs of new caravans headed to the border as WH faces backlash for not calling it a 'crisis'

Bitcoin headed for Christmas volatility as 100K BTC options expire

Roughly $2.3 billion worth of Bitcoin futures is set to expire on Christmas day, setting the stage for a volatile week in the cryptocurrency market. In a Monday tweet, crypto data provider Skew reported that 102,200 Bitcoin (BTC) options will expire on Friday. Options contracts allow holders to buy or sell Bitcoin at a specific… Continue reading Bitcoin headed for Christmas volatility as 100K BTC options expire

Bitcoin headed for Christmas volatility as 100K BTC options expire

In a Monday tweet, crypto data provider Skew reported that 102,200 Bitcoin options will expire on Dec. 25.  Options contracts allow holders to buy or sell Bitcoin at a specific price, which is known as the strike price. The Dec. 25 expiry has notable clusters around the $15,000 strike price and the $20,000 strike price,… Continue reading Bitcoin headed for Christmas volatility as 100K BTC options expire