Tag archives: cryptocurrency

Second Quarter 2022 Bear Market: Worst First Half for Stocks Since 1970
By Brian Schaffield   |   July 19, 2022

High inflation, risk of recession, war in Europe, a crypto meltdown, and interest rate increases pushed stocks into a bear market (down over 20% from peak) in Q2 2022 – Bond markets continued the worst drawdown on record, hammered by inflation and higher rates – Diversified portfolios slammed by simultaneous declines in asset classes Market […]

Rick Caruso Accepting Bitcoin for Retail, Rentals, and Resorts
By Joanne Calitri   |   June 3, 2021

Rick Caruso — founder and chief executive officer at Caruso, the owner/developer of Montecito’s luxury resort The Rosewood Miramar Beach, philanthropist, and USC Board Chair — is now taking on cryptocurrency in what is being listed as a real estate industry first, with the exception of ManageGo, a cloud-based real estate company in New York […]

Emotions in Personal Finance
By Christopher Gallo   |   April 2, 2020

A Westmont College-hosted talk in February by Nobel Prize winner Daniel Kahneman spoke to the increasing awareness of behavioral economics. Kahneman won the prize in 2002 for his creation of the prospect theory: the concept that investors feel the pain of losses much more than the joy of gains. This echoed a similar sentiment from […]