Quasar Markets

Shareholders at Amazon and Microsoft are asking the companies to invest in Bitcoin.  It just goes to show how many people are coming around to the crypto revolution. But Bitcoin is a highly volatile investment, and as such poses some risk to these companies.  But what do you think? Is it wise for these companies to invest in Bitcoin rather than keeping cash reserves? #amazon #microsoft #btc

Bitcoin isn’t the only crypt benefitting from the crypto boom.  Ethereum broke $4,000 for the first time since March in early December.  The coin was up more than 8%, which was a larger percentage increase than its big brother Bitcoin.  Are you holding any ETH? Why or why not? #btc #eth #crypto

Beef prices are going up, but it isn’t because of inflation.  It’s because there’s a shortage of cows.  Farmers oversold their cattle for over a decade, and the overconsumption has led to a shortage of beef.  So if your beef purchases are adding up to more than normal, don’t blame inflation. #inflation #beefprices

Economists were celebrating the November jobs report, but one person killed the vibe—Fed Chair Jerome Powell.  He called the increase unsustainable, saying that high deficits with high employment was a bad sign. As a result, some experts are saying that we’ll see fewer rate cuts in 2025.  But it’s not all bad news, as 227,000 new jobs were posted in November. #interestrates #ratecuts #jobsreport

Cryptocurrency markets experienced unprecedented surges.  November 2024 saw $2.7 trillion in exchange volume, more than doubling October's $1.14 trillion.  This marks the highest monthly total since May 2021, signaling a significant shift in market dynamics. Here’s why: #crypto #president #btc

Big news in the gold world—the world’s largest gold deposit was found in a local Chinese province.  The gold could be worth around $83 billion.  China is already the world’s top gold producer, but the long-term price implications might take longer to play out.  Typically, increased supply leads to lower prices.  But mining and extracting gold from the deposit could take years.  Regardless, if you’re a big investor in gold, this is news that you’ll want to keep track of.  #gold #silver #commodities

Recent data reveals a stark wealth disparity between U.S. homeowners and renters.  The typical homeowner boasts a net worth of approximately $400,000, while the average renter's net worth stands at a mere $10,000.  This 40-fold difference shows the significant financial advantages of homeownership. #homeownership #realestate #housingmarket

Potential tariffs could hurt GM more than its competitors.  GM makes more of its cars in Canada and Mexico than both Ford and Stellantis.  So the proposed tariffs could increase sticker prices and hurt sales.  It’s been a tough few years for automakers. We’ll see how they handle this adversity. #gm #tariffs

Job openings rose from September to October, with a bigger rise than Wall Street expected.  But the number’s still almost a million fewer than last October (7.74 million vs 8.69 million).  But it means that the labor market might still be cooling, which could lead to another rate cut this month. #jobsmarket #ratecuts #federalreserve

Bitcoin finally hit the famed $100k mark. But dropped shortly after as investors started selling. Historically, it’s nothing new—it takes the Bitcoin price between 20 and 30 tries to break through a large round number.  Will Bitcoin at $100k become the new standard anytime soon? What do you think? #btc #bitcion #crypto