‘Labor Hoarding’ Might Save You From Layoffs

With the economy slowing down, you would think that layoffs would be ratcheting up. But that’s not the case. Despite high-profile layoffs at companies such as Netflix, Snap, and Better.com, the national average of layoffs hasn’t changed much in many months, according to the Bureau of Labor Statistics. Economists are citing a phenomenon called “labor…

How Low Will Stocks Go?

It is now clear the summer bear market rally is over. Now we are descending back into bear market territory with a retest of the S&P 500 (SPY) lows at 3,636 a very likely occurrence. But is that bottom or might we be in store for even more pain? 40 year investment veteran Steve Reitmeister…

Bear Market Cure

The 20% loss for the S&P 500 (SPY) this year does not really tell the story of the pain inflicted on the average investor. Most individuals were piled up in the most popular tech names. And there losses of 30 to 50% are far too common. Yet during all this time Tim Biggam unveiled a…

‘Next Level Insulting’: The Wife of Celsius Network’s CEO Is Selling T-Shirts That Say ‘Unbankrupt Yourself’ in Reference the Now-Bankrupt Crypto Company’s Slogan

Celsius Network told customers to “Unbank Yourself” — then went bankrupt, leaving users’ deposits in the lurch — and now Krissy Machinsky, the wife of Celsius CEO and founder Alex Mashinsky, is selling T-shirts that say “Unbankrupt Yourself.” Actor Ben McKenzie, who played Ryan Atwood on “The O.C.” (and now a cryptocurrency critic and soon-to-be…