Could Bitcoin Replace the Dollar?
People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, [...]
On Tuesday, Ted Cruz ended his campaign. His loss in Indiana extinguished any chance of denying Mr. Trump the nomination. Trump easily took Indiana, demonstrating that the people are simply angry at those in Washington. Trump said, “We’re going after Hillary Clinton.” Our models have shown that the Republicans should win. Only one of our four models puts it neck and neck. As we move closer to November, the economy will likely get worse. We have the BREXIT vote as well come June. Between now and November is a lifetime in politics. Of course, he may wish Hillary wins. The danger if Trump wins will be that the “establishment” will blame him for their 50 years of mismanagement.