Tag: bitcoin

BUSINESS

Stocks And Bitcoin Are Massive Bubbles, Long-time Bear David Rosenberg Warns

Long-time market bear David Rosenberg is warning investors the stock market and bitcoin are massive bubbles. The economist and strategist cites crowded trades amid a struggling economic backdrop for his concerns. “Based on our [stock market] valuation work, we are anywhere from 20% to 30% overvalued based on a whole bunch of different metrics,” the Rosenberg Research president told CNBC’s […]

BUSINESS

There’s Is No Coin Like Bitcoin — It Bubbleth Over

Bitcoin has passed $30,000 in value for the first time, continuing a recent sharp rise and bettering its heady days of 2017 $20,000 high. The virtual cryptocurrency max out at the close of the week at $30,823.30. Bitcoin has had a rollicking year with more and more investors showing interest in the crypto. Some financial analysts are betting that the […]