https://www.howestreet.com/2024/12/what-could-bitcoins-short-term-high-be-mark-leibovit/

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

~ Ayn Rand

After showing a lack of direction early in the session, stocks moved mostly lower over the course of the trading day on Monday. The major averages all moved to the downside, with the Nasdaq and the S&P 500 pulling back off last Friday’s record closing highs.

The major averages finished the day firmly in negative territory. The Dow fell 240.59 points or 0.5 percent to 44,401.93, the Nasdaq slid 123.08 points or 0.6 percent to 19,736.69 and the S&P 500 declined 37.42 points or 0.6 percent to 6,052.85.

A slump by shares of Nvidia (NVDA) weighed on the markets, with the AI darling tumbling by 2.6 percent on the day.

The drop by Nvidia […]

https://www.howestreet.com/2024/12/what-could-bitcoins-short-term-high-be-mark-leibovit/

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.

~ Ayn Rand

After climbing to new record highs in the previous session, stocks turned in a relatively lackluster performance during trading on Thursday. The major averages spent the day bouncing back and forth across the unchanged line.

The major averages eventually ended the day in negative territory. The Dow slid 248.33 points or 0.6 percent to 44,765.71, while the Nasdaq dipped 34.86 points or 0.2 percent to 19,700.26 and the S&P 500 edged down 11.38 points or 0.2 percent to 6,075.11.

The more notable pullback by the Dow came amid a steep drop by shares of UnitedHealth (UNH), with the health insurance giant tumbling by 5.2 percent following yesterday’s fatal shooting […]