“The UK Office for Budget Responsibility (OBR) estimates that a no-deal Brexit would knock off £40 billion ($53 billion), or 2%, of the UK’s economic output in 2021, and leave more than 300,000 people unemployed by the second half of next year.” (CNN)The United Kingdom and the European Union have warned a no-deal Brexit was […]
Earlier this week, JPMorgan published a global markets strategy note that points out that money has flowed out of gold and into bitcoin since October, and predicts that this trend will continue over the medium to longer term. The easy conclusion is that investors are finally understanding that bitcoin (BTC, -0.74%) is a superior future store of value to gold, and […]
During the lockdown in March, the demand for oranges went through the roof; a market development from which the southern hemisphere benefited the most. Towards the end of the year, the market in Europe and North America has stabilized and the demand is not as high as a few months ago. This slowdown in the […]