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Allen Spence

Allen Spence

Tesla to Accept Doge for Merch and the Fed Plans to Raise Interest Rates in 2022

Tesla to Accept Doge for Merch and the Fed Plans to Raise Interest Rates in 2022
Members Public

This week, the Fed announced that it’s ramping up the battle with inflation and expects to end its asset-buying program earlier than anticipated.

Allen Spence
Allen Spence
Market News
How will the economy look in 2022?

How will the economy look in 2022?
Members Public

This week, JP Morgan and Bill Gates made calls that the pandemic may end in 2022.

Allen Spence
Allen Spence
Market News
Omicron and the Fed's Outlook Shift on U.S. Monetary Policy Heighten Market Volatility

Omicron and the Fed's Outlook Shift on U.S. Monetary Policy Heighten Market Volatility
Members Public

Could the Fed be biased towards tightening monetary policy sooner than later — and will the current high inflation will last well into 2022?

Allen Spence
Allen Spence
Market News
Best Buy shares drop amid uptick in organized retail theft

Best Buy shares drop amid uptick in organized retail theft
Members Public

Organized retail crime pressures retailers' finances as shares of BBY dropped over 12% in heavy trading on Tuesday.

Allen Spence
Allen Spence
Market News
Is Amazon ready to cut up their Visa cards?

Is Amazon ready to cut up their Visa cards?
Members Public

Tensions between Amazon (AMZN) and payments company Visa (V) have increased recently. On Wednesday, shares of Visa were down over 4.5% in trading after Amazon announced that starting on January 19, 2022, Amazon would no longer accept Visa credit cards that were issued in the United Kingdom.

Allen Spence
Allen Spence
Market News
AMC plans to accept Shiba Inu payments, Rivian debuts on Nasdaq after massive IPO

AMC plans to accept Shiba Inu payments, Rivian debuts on Nasdaq after massive IPO
Members Public

AMC is planning to accept Dogecoin, and possibly Shiba Inu as well.

Allen Spence
Allen Spence
Market News
Senator Toomey Proposes the Investor Freedom Act of 2021 and Zillow Closes its Home Flipping Business

Senator Toomey Proposes the Investor Freedom Act of 2021 and Zillow Closes its Home Flipping Business
Members Public

On October 28, Senator Pat Toomey introduced a bill that would protect the practice known as payment for order flow.

Allen Spence
Allen Spence
Market News
Tesla Reaches $1 Trillion Valuation and Facebook Rebrands as Meta

Tesla Reaches $1 Trillion Valuation and Facebook Rebrands as Meta
Members Public

On Monday, shares of Tesla soared over 12 percent, propelling the company to reach a market capitalization of over $1 trillion USD.

Allen Spence
Allen Spence
Market News
Bitcoin Breaks $50k and US Nonfarm Payrolls Are Up 194k

Bitcoin Breaks $50k and US Nonfarm Payrolls Are Up 194k
Members Public

Bitcoin and Etherium staged strong rallies this week. BTC was up over 15% from Sunday’s close through Wednesday’s high.

Allen Spence
Allen Spence
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