Terminology: Cryptocurrency

Definition:  A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer. Simply put, cryptocurrencies are electronic peer-to-peer currencies.  They don’t physically exist. The are many types of cryptocurrencies.  Bitcoin is probably the most well-known.  The pioneer in cryptocurrencies, Bitcoin was created in 2009 by…

Looking into the Future

Looking Back at July The second quarter 2018 Real GDP (Gross Domestic Product) was first reported at a 4.1% annual growth rate.  Many analysts are projecting that the US will end up the year with 3% growth. While the economy is very strong and the market is still trending upward, the ‘earnings season’ beginning on…