All Wilmington Wire Posts

Crypto Craze

Meghan Shue and Tony Roth |
Wilmington Wire
peterschreiber.media

February 17, 2021—Bitcoin bulls gained another dose of credibility with the recent announcement that Tesla had bought $1.5 billion worth of bitcoin and would start accepting payments for its products in bitcoin.1 Just a few days later, BNY Mellon announced it would hold, transfer, and issue cryptocurrencies on behalf of asset management clients.

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Stimulus Update: Going Big

Luke Tilley |
Wilmington Wire
LPETTET

February 12, 2021—What a difference a few weeks can make. In mid-January after announcing his stimulus plan, there seemed to be a 50/50 chance of President Biden seeking bipartisanship in getting 10 Republican Senators on board, or the (allegedly) more challenging route of budget reconciliation, which only requires 50 votes but puts limits on the actions that can be taken.

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Taking Stock of Retail Euphoria

Evan Kurinsky |
Wilmington Wire
Алексей Белозерский

February 5, 2021—Recent headlines have fixated on a ballooning mass of retail investors contributing to turbulent swings in select corners of the equity market. Most recently these have been in shares of Gamestop, AMC and others, which saw euphoric, triple-digit gains over a matter of days before eventually crashing down to earth.

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