Gold, bitcoin neglect to safeguard investors against Thursday’s stock market meltdown

Despite Thursday’s stock market plunge, traditional and non-traditional hedges like yellow as well as bitcoin weren’t immune from the sell off. Engineering stocks led a steep sell off in the market, with the Nasdaq hundred index down pretty much as 5.5 % in Thursday afternoon trades. Gold traded down almost as one %, while bitcoin …

Trump overtakes Biden as favorite to win in November

(Reuters) – U.S. President Donald Trump has overtaken Democratic opponent Joe Biden to stand as the favorite to secure the 2020 U.S. Presidential election on Europe-based betting exchange Betfair, the exchange said on Wednesday. Trump’s chances, reflecting wagers matched on the peer-to-peer betting network, stood at evens, Betfair Exchange stated, versus 21 20 for Biden. …