How Antitrust Law May Affect Your Investments in the Metaverse
One of the offshoots of this growing concern has manifested itself in lawsuits against Meta and others by the FTC (Federal Trade Commission) as covered by The New York Times. How antitrust law may affect your investments in the Metaverse is being affected by how the FTC is looking to avoid monopolies instead of breaking them up.
Will 2022 Have a Santa Claus Rally?
The one thing that has helped ease the pain of a bad year for stocks year after year is the so-called Santa Claus rally. Will 2022 have a Santa Claus rally and if so, how impressive will it be? What are the odds?
Crypto Businesses Tighten Their Belts
This is just one more piece of evidence that the crypto winter may be more of a crypto ice age than we thought. With the fall of FTX just the latest in a string of crypto business failures, Bybit is emphasizing that they are prioritizing business operations and the preservation of client assets like many of their competitors as crypto businesses tighten their belts.
Why Were So Many People Doing Business with FTX?
Now as more and more information comes to light, we need to be forgiven for wondering just how much of the high end of the crypto world has been propped up by multiple levels of incestuous financial interrelationships. Was this just all about greed or is there more to the story? Why were so many people doing business with FTX?
When to Sell Covered Call Options
A covered call is an option call contract sold by the owner of a stock. The call generates a premium for the seller. When to sell covered calls is when one believes that a stock will not go up sufficiently in price for the buyer of the call contract to exercise it and compel the covered call seller to sell the stock.
Suing Celebrities for FTX Crypto Losses
Folks who loaned money to FTX or its subsidiaries are lining up in bankruptcy court to seek to reduce their losses. Meanwhile, folks who simply bought the FTT token are suing celebrities for FTX crypto losses.
Was the FTX Collapse Failed Business or Fraud?
As we pick through the pieces the question arises, was the FTX collapse failed business or fraud? Bad bookkeeping and overleveraging are one thing, but fraud and illegal dealings are another.
Effect of a Rail Strike on the US Economy and Your Investments
If the industry and railway workers are unable to agree to a contract and there is a strike the economic cost could be closer to $2 billion a day according to The New York Times. It is time to consider the effect of a rail strike on the US economy and your investments.
What Happens in the FTX Bankruptcy?
What Happens in the FTX Bankruptcy? At this point in accumulating information and accepting court filings it appears that FTX and its affiliates owe the top fifty creditors at least $3.1 billion with two of the creditors being owed more than $200 million each!
FTX Fallout Continues
What was not anticipated was the width and breadth of the FTX fallout as described by folks like The New York Times. The FTX fallout continues and is spreading into unexpected corners.