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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.

Recent

Economy

Oppenheimer’s Stoltzfus New Top S&P 500 Bull With 7,100 Target

The S&P 500 (^GSPC) will extend its record-setting rally to 7,100 by the end of next year amid a strong economy, according to Oppenheimer Asset Mgmt.

Companies

Working In An Office Is Just About 'Looking Busy': Readers Weigh In On The Workplace Battle Of 2025

Nearly 8 in 10 CEOs are on board with the mandate to bring workers back to the office, and some are willing to cut you loose if you don't comply.

Companies

Allianz, Amundi Stop Talks Over Combining Asset Management Businesses

Allianz and Amundi have paused discussions about combining their asset management businesses into a European investment giant.

Washington Wire

Trump Says He Will Not Try To Replace Fed's Powell

U.S. President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell.

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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

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

The Trust Advisor

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

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