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Michael Burry Warns Of Cascading Effects From Bitcoin Plunge

by The Wealth Advisor Contributor
Michael Burry warned that Bitcoin’s plunge could deepen into a self-reinforcing “death spiral,” inflicting lasting damage on companies.

Featured

Bitcoin Sinks After Treasury Secretary Bessent Says US Government Can't Tell Banks To Bail Out Crypto

Bitcoin fell 2% to around $73,000 per token after Treasury Secretary Scott Bessent suggested the US government would not bail out the cryptocurrency.

Retirement Savings ‘Lost And Found’ Helps Retirees Track Down Old 401(k)s, Pensions — How It Works

Older workers and retirees who have lost track of retirement savings from a previous employer may benefit from a relatively new resource.

Fed Pick: Tillis Doubles Down On Warsh Blockade Over Concerns About Fed Independence

Sen. Thom Tillis doubled down on his vow to block Federal Reserve Chair nominee Kevin Warsh.

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Advisor Wellness

Is Rudy Giuliani Working For Free To Dodge $30M Divorce?

Pro bono representation perpetuates the illusion that Giuliani's career is over and he can’t pay alimony. His past tactics argue otherwise.

News

Here’s why the Fed is no longer relevant

As the Federal Reserve considers lowering interest rates, it risks falling victim to its own dominance.

News

A "really big, ugly selloff" could hit market if the Fed doesn’t deliver, strategist warns

What happens when things go sideways? If Kent Engelke of Capitol Securities Management, hits his mark, we could find out sooner rather than later.

Commentaries

Bob Doll: Market Set Up For Another Year-End Nose Dive

With the SPY already sitting comfortably above many strategists’ year-end targets, some analysts are approaching the rest of the year with caution.

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The Trust Advisor

Karyna Shuliak Was Set To Inherit Epstein's Infamous Island, Massive Diamond Ring And $50 Million. Who Is She?

FundFocus

Ray Dalio Warns The World Is ‘On The Brink’ Of A Capital War

The Trust Advisor

Hugh Jackman ‘Prepared To Take The Risk’ By Planning To Marry Sutton Foster Without A Prenup In Place

Crypto4Advisors

Bitcoin Price To $10,000 As Markets Barrel Towards Crash ‘Reminiscent Of 2008,’ Bloomberg Analyst Warns

The Trust Advisor

Barclay Family Matriarch Sued By Bank To Cover Her Son’s £19m Debt

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