With every new administration comes a new vision for policy and every President wants to make a statement. After President Trump’s sweeping tax cuts in 2017 it appears that President Biden is planning the largest tax hike in almost 30 years. As clarified by the White House Press Secretary Jen Psaki Biden’s statement that “no […]

Yields Rising on the 10-year Treasury  Over this week the yield 10-year Treasury has risen dramatically causing a fairly sizable market sell off yesterday. Currently the 10-year Treasury is 1.45% after reaching a height of 1.6% in yesterday’s session. (Note yields and prices of bonds are inverse) During yesterday’s trading session the 10-year reached a […]

Bitcoin Cracks $50,000 The world’s preeminent cryptocurrency has been on a phenomenal rise over the last year. Per coindesk.com one year ago Bitcoin was trading at around $9600 per coin, now one year later a single Bitcoin is now just around $53,000. That is a 5.5x increase in a year. That is an unheard of […]

Private Payrolls Grow  Private, nonfarm, payrolls are again increasing in America. More state and local leaders are reopening their economies. However, economist Robert Frick cautioned, “Though we gained jobs in January after a December loss, this is not a we’ve-turned-the-corner report,”. Retail and hospitality are still suffering losses. Businesses in these very hard hit industries […]

President Biden Inaugurated as the 46th President of the United States  The United States ushered in a new President on Wednesday, and president Biden got right to work signing Executive Orders and Actions. The aim of these was to eliminate or reverse similar orders of the previous administration. This is a common practice when a […]

Bitcoin Goes on a Wild Ride  The World’s preeminent cryptocurrency is in the midst of a bull run. However, that doesn’t mean the traditionally volatile asset hasn’t seen a topsy turvy climb. Bitcoin is trading at around $37,000 per coin at the publication. Recently Bitcoin surged to $42,000 then dropped 30% overnight in a massive […]

Democrats take control of the US Senate The Georgia senatorial run off elections took place on Tuesday. The GOP was hopeful that it could retain the Senate, however that would not be the case. Both of the Democratic candidates won and now the split between the parties in the chamber is 50-50. The Vice President […]

2021 Outlook and President Biden  The year is drawing to a close and with it a dawning of new US Presidential administration. The stock market saw record gains under the Trump administration. But will Wall St. maintain the torentail pace it has been on for the last several years, or will it slow under the […]