Wall Street Unplugged - Your Best Source For Finance, Investing & Economics
How Coinbase’s $50 million fine clears the way for crypto growth
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:27:00
- More information
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Synopsis
Frank is in Las Vegas attending the Consumer Electronics Show (CES)... So I, Daniel, am filling in today and tomorrow. Frank will be checking out the latest tech gadgets from thousands of companies… So be sure to follow his trip on and . I recap the market’s rough 2022… and highlight the critical choice investors need to make as we start 2023: Are you betting on a hawkish Federal Reserve… or on Wall Street’s optimistic expectations? I also explain why we’ll see a weird market for the first few months of 2023… and what data/events you should be watching out for. Next, I take a fresh look at the energy sector, which crushed the market in 2022. I explain why energy stocks have a lot of room to run in 2023—even after their strong performance last year… and why oil prices could spike following the Chinese New Year. Crypto stocks are rallying after Coinbase (COIN) agreed to pay a $50 million fine to the New York State Department of Financial Services. I break down why the settlement is a big deal… and why it paves