Be Fearful When Others are Greedy

Consumers are confident. That has me nervous. In fact, they’re the most confident they’ve been in more than a decade. The Reuters/University of Michigan Consumer Sentiment Index just registered its highest reading since 2004. That should be good for the economy, right? Well, consumers are people, and people as a whole are terrible at predicting…

Bitcoin’s Crazy Ride Brings in the Regulators

Bitcoin has bounced back off its lows after getting absolutely smashed earlier this year. After nearly topping  $20,000 in 2017, the price of bitcoin fell back to $7,000 before rebounding to about $11,000. And, wouldn’t you know it, high-flying prices and insane volatility have caught the interest of regulators. That’s a good thing. Wait, wait….