After tumbling last night as headlines hit that the SEC rejected another nine Bitcoin ETF applications, cryptocurrencies have stabilized (for now). Additionally, a broad crackdown on crypto in China has not triggered wholesale selling.
"I don’t view this as a conflict between the US and China. It is not that simple, it’s not team USA versus team China. There are interests in the United States that have benefited enormously from this arrangement..."
The 23% slide in Chinese stocks from 2018 highs has created widespread investor concern about a potential repeat of the 2015 market dislocation. But is this a credible threat? Here is Goldman's response.
America’s populace is politically divided in a way that has not been seen in decades. The growing rift is rapidly changing the landscape in Washington D.C. and has major implications for the nation. Amazingly, as voters from different parties espouse views that are worlds apart, they share a strikingly similar message.
A serious discussion on vetting and accountability aid work must take place as a result of Joel Davis's arrest and the multiple questionable and outright duplicitous aspects of his "aid work" that went unnoticed and unquestioned by the NGO world, including the revocation of his charity's 501c status.