Citigroup Inc


Markets Live Recap: Stocks Fall Another 2% Thanks to 4 Dire Warnings

Stocks fell today as investors weighed the negative remarks and cautiousness of Federal Reserve Chairman Jerome Powell, hedge fund managers Stanley Druckenmiller and David Tepper, and Dr. Anthony Fauci.

Here's what our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – thought about their comments, where they see stocks heading next, and how you can position your portfolio today.



Why the Price of Bitcoin Will Surge to $55,000 After This May 2020 Catalyst Increases Its Scarcity

Today, we'll show you how to value Bitcoin using a different model – one which allows us to compare its value to other scarce assets like silver ($308 billion market cap) and gold ($8.4 trillion market cap).

You see, Bitcoin should be compared these precious metals since they also aren't income producing businesses, yet they hold significant value in this world because they're also limited in supply and unforgeable.

To date, this model has correctly explained 95% of the price of Bitcoin within two standard deviations of its projected mean.

And it predicts Bitcoin's market cap will surpass $1 trillion (or $55,000 per Bitcoin) by 2021.