Is Bitcoin a Mania Bound to Bust?

Is Bitcoin a Mania Bound to Bust? By Mitchell Anthony May 27, 2021   Bitcoin has no measurable value or investment thesis but yet has garnered the attention of conservative investors as well as wild speculators. It seems like the Bitcoin Mania is far from over as speculators ripe with optimism about the need for a digital currency continue to build.  The current Market Value of all Bitcoin is nearly 1 Trillion and growing.  Bitcoin has been extremely volatile since its inception in 2012 but the value has trended higher overall despite virtually no clear understanding by anyone of how bitcoin will become a viable currency.Read more

GOT A BAD HAIRCUT TODAY!

GOT A BAD HAIRCUT TODAY! By Mitchell Anthony April 29, 2021   Is it just me or has the quality of consumer services been falling.  I’m an optimist and I always tend to hope for the best and believe in people but quite frankly I have noticed a decline in the quality of services that we have in the US economy.  As an example just yesterday I got a haircut that was less than satisfactory and when I complained I was met with an indignant service provider.  He offered no discount or apology for giving me a Patrick Mahomes haircut (FADE), who happens to be one of my idols, but not because of his haircut but because of the way he throws a football (NFL All Pro).  I asked for a fohawk haircut like Brad Pitt has but instead got something much more like a FADE!  If I hadn’t been paying attention I would’ve looked like Mr. “T” with a mohawk. Read more

Consumer Confidence Bouncing?

Consumer Confidence Bouncing?

By Mitchell Anthony

April 9, 2021

 

The Equity and Commodity Markets roared ahead in the first quarter of 2021 as Covid concerns fell and consumer confidence bounced.  Expectations for more fiscal stimulus was met by Congress’s approval of a 1.8 trillion stimulus package full of support for almost all of those in need and then some who are not. Despite an Economy that is not yet robust or demanding high quantities of raw materials, most commodities rallied strongly as suppliers were caught off guard as demand tilted up and capacity was minimized with many mills and processing plants offline. Optimism for a broad economic recovery developed in the quarter driving up stocks and putting downward pressure on Bonds.  Real Estate continued to fly higher.Read more


Reopening the Experience Side of the US and the Globe?

Reopening the Experience Side of the US and the Globe? By Mitchell Anthony February 23, 2021   Americans love to dine, entertain, party and attend sports events.  Americans love for material things had transformed over the last decade into a love for experiences that mostly involve people and gathering. Unfortunately all of those great events that Americans love to pursue came to a roaring halt at the beginning of 2020 due to Covid 19.   Over the last year the regulatory environment and consumer fear has mostly prohibited the restart of experiences and most of the gathering in America and the globe is still shut down or minimized.  This has had a harsh effect on a large part of the US and global economy that is tied to experiences. With vaccinations well underway in America and the globe there is hope and light at the end of this dark tunnel.Read more

The Outlook with the Dems in Control?

The Outlook with the Dems in Control? By Mitchell Anthony January 18, 2021     The Democrats have taken control of the Senate and hold it along with the house and the presidency. While a Biden victory was expected by many, control of the Senate by the Dems was unexpected by most investors and market strategists.  Democrats have a history of taxing and spending that has frightened investors concerned about the fragile state of the US economy!Read more