The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
NEW YORK, NY — Wall Street is finally waking up to the consequences of the so-called “Sell America” trade, a strategy many analysts now admit was politically charged, shortsighted, and disastrous for investment returns. While doomsday narratives about the decline of American exceptionalism flooded the financial world, U.S. markets have defied the skeptics—proving once again that betting against the American economy rarely ends well.
the staff of the Ridgewood blog
New York NY, JPMorgan Chase is taking a significant step into the world of cryptocurrency by allowing clients to invest in Bitcoin, marking a notable shift for the largest U.S. bank. The announcement came during the bank’s annual investor day on Monday, despite CEO Jamie Dimon’s longstanding and vocal criticism of Bitcoin and the broader crypto market.
