In today’s video Marcello talk to us about how we can make a fortune investing in Medellin, Colombia. Obviously, the coronavirus has caused some sort of curveball in all our plans, but that’s not necessarily a reason to not look for opportunities. When we talk about real state, property value is always fluctuating. Prices go up in some places while the fo down in others. And since the economy is reopening worldwide, the housing market is also going to start gaining strength […]
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Recap October 18: Unemployment Down – 2nd Quarantine (Recap ep093)
In today’s recap, we talk about the overall rapid reduction of unemployment in the U.S. and a possible second quarantine due to a new wave of coronavirus infections. U.S. unemployment still has a long way to go to return to the under 4% rate before the pandemic & resulting recession, but the overall rapid reduction to 7.9% last month is an average, uneven growth of jobs, is the rule across the country. The jobless rate has fallen to just 6.6%, in the […]
Recap October 11: The End of Bitcoin? Michigan Govt Kidnapping, Stocks Rise (Recap ep092)
In this week’s recap, we talk about the plans of central banks of creating their cryptocurrency. Some anarchists had planned on kidnapping the governor of Michigan. Stocks rose on hopes of more stimulus. The Bank for International Settlements in collaboration with a group of 7 major central banks, published its 1st joint report into central bank digital currencies on Oct. 9. The Bank of Japan, one of the members, released a document outlining its own specific approach from a Japan-centric perspective to […]
Recap October 4: Lay offs are coming, Trump gets COVID, Subway Has Sugar Bread (Recap Ep091)
In this week’s recap we talk about forecasts on lay offs coming anytime soon, President Trump and Melania testing positive for COVID, and the Irish Supreme Court ruling that Subway’s bread does not qualify as bread. American Airlines & United Airlines say they will begin to furlough a total 32K employees, after lawmakers failed to agree on a broad pandemic relief package, that includes more federal aid for airlines. American Airlines CEO says a deal with $25B for airlines would allow the […]
Recap September 27: New Quarantine, Stocks Dumped, Tesla makes promises (Recap Ep090)
In this recap, the US stocks had several declines and slight recoveries over the week, falling in tandem with oil & gold prices & worries among investors of further turbulence ahead due to concerns over new coronavirus lock-downs & the inability of Congress to pass more fiscal stimulus, thus hurting the domestic economy. Global shares fall with USD hitting a 2-month high, on investor concerns over another economic hit from the coronavirus pandemic, ahead of key U.S. jobless data. The infection rate […]
Crisis 2020: Did the stock market bubble just pop?
Today we are talking about why the market crash and if the bubble has finally popped. 2020 has been a pretty crazy year; The pandemic, the hurricanes, and now the elections of the U.S. next president. A lot of Marcello’s followers have been asking about what happened to the market and why it is crashing, so that’s the reason for this video. The recent passing of supreme court justice Ruth Bader Ginsburg has spiced up things around the elections and created an […]
Recap September 20: Presidential Election Chaos, Ruth Bader Ginsburg, Tech stocks fall (Recap Ep089)
Overall, we started off with a good week, and we end off having the third consecutive week of declines for the US stock market, as the sell-off in Big Tech continued, dragging down the overall market. Mixed messaging around a coronavirus vaccine, & concerns over further fiscal stimulus, also weighed on stocks. Global stocks are mixed with investors concerned over a resurgence in coronavirus cases around the world & lingering disappointment that central banks merely affirmed their monetary support this week, without […]
Recap September 13: Tesla stock collapses & recovers – Cryptos illegal in Europe (Recap Ep088)
This week Tesla stock collapsed along with the market and then recovered back up again. Cryptocurrencies are observed closely by the European Commision. The EC wants to disallow their operation in the European Union until legal, regulatory & oversight challenges have been addressed. Electric automaker Nikola Corp jumped 40% on Tuesday to $50.00 a share, after General Motors Co said it was acquiring an 11% stake in the company. As part of a deal that will give GM a $2B investment it […]
Why did the stock market crash?
We were getting a lot of questions in regards to the market crash in the last three or four days, so we wanted to do a quick video explaining why this happened. We have a situation now, since the big crash that we had in March (when oil went negative because of shutdowns and the coronavirus pandemic), where governments decided to “help the economy out” not only by just giving free money, but also making sure that economies “don’t fail” by injecting […]
Recap September 6: Stocks drop, economy recovers, real pandemic numbers (Recap Ep087)
In this week’s recap talk about the real pandemic numbers and see how the economy is recovering but stocks dropped during these days. Factories in Asia & Europe continue to show an expansion in manufacturing activity, as the global economy gradually emerges from a downturn triggered by the pandemic, thanks in part to massive government & central bank fiscal & monetary stimulus programs. Australia became the latest country to officially enter a recession for the first time since 1991, the worst performance […]