Revisiting Cryptocurrency 02/12/21

News of Tesla buying $1.5 billion of Bitcoin last week pushed the price of the cryptocurrency to record levels. Many advocates of Bitcoin viewed this as a validation of using cryptocurrency as a new class of investment. In a filing with the Securities and Exchange...

Prato Perspectives 2/4/20

Beating Wall Street? The media has emphasized how individual investors have banded together on social media sites to beat ‘Wall Street’ at their own game. A real-life story of David vs. Goliath, the small retail investor against the large hedge fund industry. Our last...

The Short-Squeeze and Gamestop

It is possible to make money when stock prices go down. That is the strategy of short sellers.   From the US Securities and Exchange Commission’s Investor.gov website: “A short sale occurs when you sell stock you do not own. Investors who sell short believe the...

Brexit

Last week the United Kingdom (UK) and the European Union (EU) finally agreed to the details of ‘Brexit’. The process has been covered extensively in the press since the announcement in 2016 of a referendum for the British public to vote on. After the vote, the S&P...

Predictions for 2021 – Part II

December 23, 2020 As we approach the end of 2020, the market forecasts and predictions for next year are coming out at a breakneck pace. Here are some the latest financial news headlines for 2021 in the: “All Risks Fade Away for Markets Next Year” – December 17, 2020¹...

Predictions for 2021

  Every year around this time the big brokerage firms, scores of analysts and the financial media talking heads pull out their crystal ball to predict which stock will outperform next year and where the overall stock market will be one year from now. Our past...