What Is A Recession?
A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession when a nation’s economy experiences harmful gross domestic product (GDP),…
El Salvador Becomes Bitcoin Laboratory as First Nation to Adopt it as Legal Tender
Bitcoin officially became legal tender in El Salvador on Sept. 7, 2021, making it the first country to adopt the currency. The move has turned the Central American country into…
What Is Ethereum and How Does It Work?
Ether is the second-largest cryptocurrency, handling more transaction volume than any other digital asset. But what is ether used for on the Ethereum network? (Updated September 28th, 2022) What Is…
What Is Market Volatility?
The stock market never stays still. Market indexes see gains and losses daily—in more settled periods, the S&P 500 gains or loses less than 1% daily. But from time to…
Cryptocurrency Exchanges
Platforms that facilitate the trading of cryptocurrencies for other assets, including digital and fiat currencies Key Highlights The most common way of transacting in cryptocurrencies and other digital assets is…
Are Bitcoin and Gold Good Investments?
Gold and bitcoin are weird. Neither is especially useful in the here and now in any practical sense. Bitcoin’s promise as a deregulated digital currency remains just that—a promise. And…
Understanding Liquidity And Liquid Assets
Liquid assets include cash and other assets that can quickly be turned into cash without losing value. You always want some of your assets to be liquid to cover living…
What is Inflation
When prices rise on average in an economy, it’s called inflation. In the recent past, in developed economies, inflation has only been a few percent per year, but some decades…
Alphabet Soup: Understanding the Shape of a COVID-19 Recession
The measures taken by the United States and nations worldwide to manage the COVID-19 pandemic—restricting travel, shuttering nonessential businesses, and implementing universal social distancing policies—have severe economic consequences. On June…
3 Fund Portfolio: How To Save For Retirement With Just Three Investments
Retirement planning can often feel like an unwanted experience of choice overload. Workplace 401(k)s typically serve up more than a dozen mutual funds you must choose from for your retirement…