Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week
Welcome to Wealthy VC’s Capitalist Countdown
The Capitalist Countdown is a weekly series that features the biggest stories from the market’s hottest stocks as well as news from under-the-radar hidden gems capable of delivering mutibagger returns to your portfolio.
Please sit back, relax and enjoy Capitalist Countdown’s top 5 market-moving news stories for the week of December 12th – 18th, 2022.
The Results of the Recent CNBC All-America Economic Survey Were Alarming, to Say the Least, as Support for Cryptocurrencies Appears to Be Going Down Faster Than the Titanic
Among all Americans, respondents with a negative view of the Crypto industry grew from 25% in the March survey to 43% in the latest CNBC All-America Economic Survey. Meanwhile, those with a neutral view fell from 31% to 18%. Finally, only 8% of people had a positive opinion, down from 19%.
READ FULL CRYPTO SURVEY ARTICLE
In Recent Weeks, Wealthy VC Has Kicked Off Coverage of the Cosmeceutical Industry With a Focus on Public and Private Companies in the Regenerative Skincare Space
Wealthy VC initiated coverage of the private stem cell/exosome regenerative skincare firm ELEVAI Labs, with additional companies to be added in Q4 2022. In this thought-provoking interview, one of the leading experts in the world on human stem cells candidly discusses the details and looming problems in this field.
3. Crypto Conspiracy: How 3 Billionaire Cryptocurrency Execs Died Mysteriously Just Weeks Apart
A Russian Crypto Billionaire is the Latest Cryptocurrency Executive to Die Unexpectedly and Mysteriously in a Span of Only a Few Weeks
Multiple billionaires holding Crypto have died in the last week alone, making it a total of three deaths in 30 days. Is this a freak coincidence, or is something bigger going on?
READ FULL CRYPTO CONSPIRACY ARTICLE
2. VIDEO: Watch as Fed Hikes Interest Rates to Highest Level in 15 Years + Full Press Conference
In its Ongoing Battle Against Inflation, Federal Reserve Chair Jerome Powell Announced Today an Additional Rate Hike of 0.5 Points, Pushing Interest Rates to Their Highest Level Since Late 2007
As the market expected, the Federal Reserve announced this afternoon that it has raised interest rates by half a point, moving the federal funds target rate range to 4.25% – 4.5%. Today’s half-point raise comes on the heels of four consecutive three-quarter point rate hikes, signalling to the market that the Fed is potentially beginning to pull back on its aggressive monetary policy tightening policy.
With One Major Controversy After Another and No End to the Crypto Carnage in Sight, What Happens to the Cryptocurrency Landscape Moving Forward Into 2023?
Former FTX CEO Sam Bankman-Fried was arrested Monday in the Bahamas based on charges filed in the U.S. The federal charges against Sam include eight different charges unsealed Tuesday morning. Some charges include multiple counts of wire fraud and conspiracy related to the collapse of his cryptocurrency exchange.
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