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The end of cryptocurrency age.

Bloomberg Intelligence analysts predict falling of Bitcoin price to $1500 for coin next year. It will be falling over 70% of in nowadays price.

As Bitcoin is the main cryptocurrency and it directly influences prices other tokens, it will cause the total collapse of all cryptocurrency market. 194 more words

"It’s Not Surprising:" Morgan Stanley CEO Explains What’s Behind the Market Correction

Tighter monetary conditions worldwide and political discord mean Morgan Stanley CEO James Gorman is not exactly shocked that there’s an ongoing market sell-off.

“It’s not surprising the markets have been anxious; it’s not surprising you’re seeing some correction,” Gorman said in a Bloomberg Television interview Tuesday. 184 more words

Finance

President Trump Doesn't Plan to Further Punish Saudi Arabia Over Jamal Khashoggi's Murder

(Bloomberg) — President Donald Trump rejected the idea of imposing additional penalties on Saudi Arabia for its role in the killing of U.S.-based columnist Jamal Khashoggi, stressing the importance of the U.S. 293 more words

Valuation Checkup

Trailing 12mo EPS stands at $21.79 as of 9/30/18.

Since the quarter printed, we’ve seen the Trailing 12mo Earnings multiple contract from 39.6x to 26.3x. 94 more words

Fires, Flooding, Record Cold, Gusty Winds in U.S. Forecast as Thanksgiving Nears

(Bloomberg) — Fires and flooding on the West Coast, record cold and gusty winds on the East Coast. Brace yourself for Thanksgiving week, 2018.

Northern California could get as much as 7 inches (18 centimeters) of rain, according to forecasters. 202 more words