by Mark Turner | Dec 1, 2020 | Newsletters
The U.S. economy is dominated by zombie companies with more debt interest than they have operating income. There’s over $1.4 trillion in outstanding debt between them. This spells doom for the sustainability of our financial system. It seems likely that the financial... by Mark Turner | Nov 1, 2020 | Newsletters
This future looks bleak, no matter the outcome of this week’s election. The chances of economic and social collapse seem higher now than ever before in modern history. Maybe you’ve missed the signs… The Fed reports that commercial and industrial loan delinquency rates... by Mark Turner | Oct 1, 2020 | Newsletters
Once again, September has brought with it a buyer’s market for cryptocurrencies. Bitcoin is down 7.5% since September 1st and Ether plummeted from $488 to $359. The sell-off is part of a broader “nightmare month” across financial markets. Megacap tech stocks, such as... by Mark Turner | Sep 1, 2020 | Newsletters
While the stock market continues to separate from reality, precious metals and cryptocurrencies have once again proven themselves as safe-haven assets during unstable times. Bitcoin (BTC) is up +5%, Ethereum (ETH) rose +25%, and Chainlink (LINK) skyrocketed +112% in... by Mark Turner | Aug 1, 2020 | Newsletters
The novel coronavirus has caused mass uncertainty in financial markets as many countries saw spikes and outbreaks through the month of July. Currently, there are over 4.3 million confirmed cases of Covid-19 in the United States alone. FAANG companies in Silicon... by Mark Turner | Jul 1, 2020 | Newsletters
June was a tumultuous month for global markets. Last month, the World Economic Outlook report forecasted -4.9% losses to global GDP for 2020, down 1.9% from April. Economic lockdowns have shuttered the world’s economy. As some states have started to reopen, others...
