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Bill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’

Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired.

Continue ReadingBill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’

Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining

Market analyst Charles Edwards says that while there are good reasons to exercise caution, investors’ risk off sentiments and expectation of a recession could be overblown.

Continue ReadingBitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining