world economy

Why Driverless Cars Are Here to Stay
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You know I’m bullish on driverless cars. Driverless cars are the ultimate disrupter. Heck, Ford executives now make regular trips to Silicon Valley to meet with executives running startups a millionth Ford’s size. Doesn’t that say everything? Last week, Domino’s began testing pizza deliveries in a driverless Ford Fusion. “A Ford engineer will be at […]

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Alan Knuckman: Interview From the Trading Floor
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“Novice traders make the mistake of trying to anticipate the turn. They want to ‘call the bottom’ or ‘call the top.’” So says Alan Knuckman, the newest addition to Agora Financial’s team of analysts. Alan got his start more than 25 years ago as a clerk on the Chicago Board of Trade. He then parlayed […]

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Is the Internet Good or Evil?
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A 22-year-old Newsweek article just resurrected itself, and it’s now going viral. The article was written by astronomer, Clifford Stoll, and it wonderfully bashes the internet, which was in its infancy in 1995. Stoll was shockingly accurate in his criticism, saying… “Your word gets out, leapfrogging editors and publishers. Every voice can be heard cheaply […]

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5 Reasons Why Bitcoin Has Staying Power
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President James Garfield once said… “He who controls the money supply of a nation controls the nation.” Who then, Mr. Garfield, controls the money supply of bitcoin? Because if such a person existed — an invisible hand that controls everything — then that person would have the entire world in a stranglehold. Fortunately, there is […]

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The Hunt for Survivors in an Amazon-Dominated World
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It’s been well-documented here… Amazon (AMZN) is a serial killer, and its prey is retailers — ones who never thought of building a moat. Now, I’ll be the first to concede… In the old paradigm, retailers didn’t need to think much about moats: The term “economic moat,” coined and popularized by Warren Buffett, refers to […]

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Killer Robot Panic
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The United Nations just delayed a meeting that would’ve addressed the “robot arms race.” So in a demonstration of urgency, a consortium of 116 industry insiders decided to sign a loose agreement — one that bans the use of lethal autonomous weapons. Lethal autonomous robots is a fancy name for “killer robots.” According to the […]

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Hello, World: Historic ICO Hits Today
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Move over, Bitcoin. The most anticipated initial coin offering (ICO) ever begins auctioning later today. Think IPO, only it’s a cryptocurrency — not a stock. Although Wall Street has been tight-lipped about this historic event… Readers of my premium publication — The Crypto Alert — have been enjoying ongoing coverage. And later today, they’re anticipating […]

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Legit Bitcoin Challenger Lands in 3 Days
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New record highs for bitcoin. The new alternative asset class of choice. Why taking action before Aug. 28 is imperative. It’s Friday in the Wall Street Daily nation. For the new kids on the block hanging tough, that means it’s time to go to the charts. Each week, I pull together a collection of graphics […]

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China’s Crypto-Rocket Takes Aim at Bitcoin
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Ten years ago, cryptocurrencies were once written off as a nerdy economics projects with no future as “money.” After growing into a $130 billion market with over 800 currencies actively trading on major exchanges, it’s impossible to ignore them now. Bitcoin and Ethereum have soaked up much of the press on cryptos as the two […]

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