DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
bitcoin - 1 cryptocurrency - 1 SWIFT - 1 there's - 1 Donald Trump - 1 Charles Mackay - 1 Ron Insana - 1 Jaap Arriens - 1
Top related locs:
U.S Dutch Sea Mississippi England France
Top related orgs:
CNBC - 2 Louis Federal Reserve - 1 U.S - 1 U.S . - 1 Nurphoto - 1 Nvidia - 1 Microsoft - 1 Google - 1

Search resuls for: "Charles Mackay"


2 mentions found


☆ Ron Insana: Bitcoin could be the mother of all manias as it soars toward $100,000
  + stars: | 2024-11-21 | by ( Ron Insana | ) www.cnbc.com   time to read: +4 min
As bitcoin prepares to vault to $100,000, I can't help but wonder if cryptocurrency – not artificial intelligence – is the mother of all financial market manias. BTC.CM= YTD mountain Bitcoin in 2024 The first bitcoin, minted in 2009 , changed hands at about one-tenth of one cent. With bitcoin at nearly $100,000 on Thursday, the first buyers of the cryptocurrency would, no doubt, be worth scores of billions of dollars. The three defining features of money are: A medium of exchange A unit of account A store of value Bitcoin – or any cryptocurrency – is not widely used for transactions. The real question in my mind remains, does the world need bitcoin, or does it just want the flagship crypto?
Persons: bitcoin, cryptocurrency, SWIFT, there's, Donald Trump, Charles Mackay, Ron Insana Organizations: Louis Federal Reserve, U.S, U.S ., CNBC Locations: U.S, Dutch
☆ Ron Insana says an AI bubble may be forming, but we're not there yet
  + stars: | 2023-06-09 | by ( Ron Insana | ) www.cnbc.com   time to read: +4 min
How to trade it Let's remember the elements of a bubble, as defined by many market historians who have written about such financial market phenomena (myself included). The public increasingly has been buying related tech stocks and associated ETFs, but we have yet to see the single-minded focus of the entire stock buying world come to bear on AI stocks. In 1999 alone, some 456 stocks went public at the height of the internet mania. If there is to be a bubble in AI, it's the early days. Also, "easy money" from the Federal Reserve, a key component of financial frenzies, is not fueling speculation in publicly traded AI shares, or any other asset class for that matter.
Persons: Jaap Arriens, Charles MacKay, John Kenneth Galbraith, Edward Chancellor, Charles Kindleberger, David Faber Organizations: Nurphoto, Nvidia, Microsoft, Google, Oracle, Adobe, Fund, Nasdaq, CNBC, Federal Reserve Locations: Sea, Mississippi, England, France
0 next >>
Total: 2