Michael Kern

Safehaven

Contributor since: 21 Feb 2018

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• China Weighs Rare Earth Export Ban As Trade War Tensions Boil

  Published 29 May 2019 | viewed 4,379 times

  Once dismissed as a "nuclear option" that would only be implored by Beijing as the last hope in the ongoing trade war with the United…

• Dow Scrambles To Avoid Fifth Straight Weekly Loss

  Published 24 May 2019 | viewed 5,095 times

  Trump surprised stock markets today following some encouraging statements regarding the ongoing trade spat between the U.S. and China. Stock markets rose at the opening…

• Jeff Bezos Doubles Down On Space Colonization Ambitions

  Published 18 May 2019 | viewed 4,843 times

  In recent decades we have heard so many highly ambitious space-related plans, including several attempts to conquer the moon and lunar space. Now, billionaire Jeff…

• Moody's: Turkey Faces Possible Credit Downgrade

  Published 16 May 2019 | viewed 10,444 times

  Turkey is facing a possible credit downgrade if it can't get its financial act together, according to new analysis from credit ratings firm Moody's. Turkey…

• Mobile Sports Betting Isn’t Quite Minting Millionaires Just Yet

  Published 14 May 2019 | viewed 4,845 times

  A year on from the Supreme Court's ruling on sports betting, U.S. states have seen a bit of wind in their sails when it comes…

• A Banner Year For Crypto Theft, Raking In $1.2 Billion

  Published 03 May 2019 | viewed 11,329 times

  Just because cryptocurrency is having a bad time of it doesn’t mean crypto thieves aren’t thriving: On the contrary, they’ve managed to nab at least…

• Only The Dollar Store Can Survive the E-Commerce Coup

  Published 27 April 2019 | viewed 2,348 times

  The highest number of U.S. closures of major retail chains on record is 7,000 in 2008--the start of the financial crisis. So what gives now?…

• Buffett, Dimon Voice Support For Stock Buybacks

  Published 19 April 2019 | viewed 1,869 times

  Stock buybacks have become a contentious issue between investors, politicians, and businesses leading the charge, but what is the real story?  Stock buybacks face bipartisan…

• China's Economic Growth Exceeds Analyst Expectations

  Published 17 April 2019 | viewed 6,116 times

  China's economy continued to grow steadily in the first quarter, exceeding expert expectations notwithstanding the continuing tariff dispute with the United States. Data revealed Wednesday…

• Hong Kong Stock Market Surges Past Japan

  Published 11 April 2019 | viewed 4,974 times

  Hong Kong has climbed above Japan to become the world's third-largest stock market, behind only the U.S. and China. The benchmark Hang Seng Index has…

• Big Banks Face Off Against Congress

  Published 10 April 2019 | viewed 2,728 times

  CEOs of America's biggest financial institutions are appearing before the Financial Services Committee on Wednesday for the first time since the 2008 crisis, facing renewed…

• Will Artificial Intelligence Replace The Military?

  Published 06 April 2019 | viewed 19,047 times

  AI has delivered us to a point in time where we have to start seriously thinking about whether we really want killer robots choosing targets…

• Positive Economic Data Weighs On Gold

  Published 04 April 2019 | viewed 5,940 times

  Rising U.S. dollar indexes and restored expectations of a trade war resolution has weighed on gold rates, with the rare-earth metal plummeting to three-month lows.…

• Bitcoin Shocks Investors, Briefly Crosses $5000 Mark

  Published 02 April 2019 | viewed 7,306 times

  Bitcoin skyrocketed suddenly in early morning trading, promoted by an especially noteworthy high-volume buying spree, bringing bullish sentiment back into the crypto market. Regardless of…

• Mnuchin Reports "Constructive" Talks With China

  Published 29 March 2019 | viewed 2,251 times

  Experts are expecting the continuous rally in commodities prices to continue in coming months, regardless of investor anxiety of the outcome of U.S.-China trade war.…

• Facebook Finds Itself In Hot Water Over Advertisements

  Published 28 March 2019 | viewed 2,007 times

  Less than a week after Facebook came under fire for its contentious ad practices, the U.S. Department of Housing and Urban Development has filed charges…

• Central Banks Double Down On Gold

  Published 25 March 2019 | viewed 9,091 times

  Russia is growing its gold stockpiles as analysts begin to sound the alarms, suggesting another worldwide recession might be in the making. According to its foreign reserve…

• Airbnb In Acquisition Mode Ahead Of IPO

  Published 20 March 2019 | viewed 12,431 times

  Valued at a mouthwatering $31 billion, Airbnb is now hinting that it might not IPO this year after all—but sometimes it’s better to wait to…

• Google Faces Billions In Fines From European Regulators

  Published 16 March 2019 | viewed 3,288 times

  Already fined a record-breaking $7.7 billion in two years by the European Commission, the Financial Times is now citing sources who say a third fine…

• European Union Takes Aim At Ten New Tax Havens

  Published 14 March 2019 | viewed 4,428 times

  In its effort to reign the bad boys of tax abuse, the European Union has extended its alleged tax haven countries blacklist by adding ten…