Michael Kern

Safehaven

Contributor since: 21 Feb 2018

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• Jerome Powell's Impossible Challenge

  Published 23 August 2019 | viewed 2,068 times

  Stock markets are inching higher ahead of Fed Chair Jerome Powell’s Friday address; however, investors are still on edge. Fed Chairman Jerome Powell faces the impossible challenge…

• Why Silicon Valley Is Moving To Toronto

  Published 20 August 2019 | viewed 9,513 times

  Silicon Valley has a second address, and it’s becoming much more than a summer cottage these days. Welcome to Toronto, the hottest new venue for…

• Smart Contracts: The Tech Reshaping Entire Industries

  Published 16 August 2019 | viewed 9,449 times

  When the average person thinks of contracts, they might think of stacks of paper, hundreds of signatures, negotiations, and loopholes, and leering legal eyes. A…

• Cyberattacks Are Funding North Korea’s Billion-Dollar Nuclear Program

  Published 07 August 2019 | viewed 3,210 times

  Back in 2006, the United Nations and the United States imposed sanctions that were intended to choke off any chance of funding for North Korea’s…

• The First $10B Fallout From Trump War On Big Tech

  Published 04 August 2019 | viewed 2,587 times

  Jeff Bezos just cashed out $1.8-billion in Amazon stock. The Department of Justice is launching a broad investigation into tech giants to see if they…

• Lone Hacker Taps Data Of 100 Million Capital One Customers

  Published 31 July 2019 | viewed 2,818 times

  A lone hacker has accessed the personal data of more than 100 million customers of America’s fifth-largest credit card issuer, Capital One, in the biggest…

• Pound Falls Further As No-Deal Brexit Looks Increasingly Likely

  Published 30 July 2019 | viewed 7,286 times

  The pound is taking a pounding versus the dollar, euro and other currencies as the possibility of a no-deal Brexit looks increasingly likely. Under new…

• Netflix Struggles To Rebound After Subscriber Hit

  Published 22 July 2019 | viewed 2,376 times

  The streaming war is heating up, and industry veteran, Netflix is struggling to adjust accordingly. But not all is lost for the streaming pioneer. Despite…

• Three Cannabis Trends Flying Under Investors’ Radars

  Published 12 July 2019 | viewed 812 times

  It doesn't seem that long ago when cannabis was seen merely as the feel-good drug of choice for kids aiming to blow off steam. But…

• Mozilla vs DarkMatter: The Cyber Espionage End Game

  Published 10 July 2019 | viewed 7,011 times

  DarkMatter is a name that conjures up all sorts of … darkness, even when you don’t know who, or what, is behind it.  The truth…

• Virgin Galactic Announces Plans To Go Public

  Published 09 July 2019 | viewed 1,553 times

  The space race is heating up, with Richard Branson's space tourism business, Virgin Galactic, revealing its plans to go public by the end of 2019.…

• The Final Shoe Drops On Germany’s Deutsche Bank

  Published 08 July 2019 | viewed 2,965 times

  Forgot profits for Deutsche Bank for 2019. The German lender is undergoing a radical restructuring that will see 18,000 jobs slashed worldwide and has already…

• “The Greatest Heist Of Consumer Medical Records In History”

  Published 05 July 2019 | viewed 3,379 times

  Do we really want Google to have access to our medical records? Have we been lulled to sleep by big data collectors who make things…

• Facebook’s Libra Faces Political Backlash

  Published 03 July 2019 | viewed 5,374 times

  In Latin, Libra means “balance”. In the world of finance, it could be upsetting the balance to the point of no return.  Facebook wants to…

• Cyber Espionage And The New Cold War

  Published 29 June 2019 | viewed 9,909 times

  In 2017, spying allegations that surfaced in 2017 about Kaspersky, Russia’s premier software company. No concrete evidence was ever presented, but the scandal surrounding Russian…

• A Lesson For The NBA’s Millionaire Rookies: Diversify

  Published 25 June 2019 | viewed 2,451 times

  The NBA’s salary cap is set to hit $109 million this year, and teams are clearly swimming in money.  As The Ringer.com notes, it’s like…

• Bernie Sanders Proposes $1.6 Trillion In Student Loan Forgiveness

  Published 24 June 2019 | viewed 1,869 times

  Vermont Senator and 2020 presidential hopeful Bernie Sanders has revealed a new plan to eliminate student loan debt for over 45 million Americans. Sanders is…

• US Consumer Debt Is Worse Than Ever

  Published 20 June 2019 | viewed 3,668 times

  By some calculations, our consumer debt right now has surpassed what it was in the 2008 financial crisis. If American consumers held $13 trillion in…

• Big Tech Bounces Back After Regulatory Worries

  Published 11 June 2019 | viewed 2,855 times

  Silicon Valley's most prominent tech companies took a dive recently on restored worries of a regulatory crackdown, but investors appear to have taken the situation…

• Fed Rate Conspiracy Theory Abounds Over Mexico Tariffs

  Published 06 June 2019 | viewed 1,897 times

  Trump insists he remains "deadly serious" about slapping a 5-percent tariff on Mexico it if fails to stem migration, and another 5 percent every month…