JPMorgan Says the Quiet Part Out Loud: Economic Disaster, Lockdowns Great for Stocks, Wall Street

In a moment of brutal honesty, JP Morgan, the nation’s largest bank is admitting what the rest of us have suspected for quite some time: political gridlock, economic disaster, even Covid19 lockdowns are all great for business if you’re Wall …

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Consortium of Central Banks Looks to Have Proof of Concept of Digital Currencies by Year’s End

The Bank of International Settlements, a consortium that comprises most of the world’s top central banks, has announced it is working on a central bank digital currency pilot with Switzerland’s central bank.

“By the end of this year, we plan …

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Bank of America: Fed Will Unleash Inflation, Universal Basic Income with Digital Currency

Bank of America’s chief investment strategist, Michael Hartnett, laid out a vision this week for where he thinks the Central Banks are taking us with their plans for instituting all-digital currency systems.

He says the Federal Reserve will move toward …

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