ERShares In The News

#BitcoinEnergyTrap #cryptocurrency #Bitcoinprice #BitcoinTrap #bitcoinmining In his appearance on Mornings with Maria, Joel Shulman articulates Bitcoin's ESG issues that hit home beyond its volatility this month. Many of the cryptocurrencies tumbled due to the Chinese government's crackdown on bitcoin mining. Bitcoin mining degenerates the impact of ESG due to its shocking carbon footprint on the planet. Specifics on how the bitcoin miners plan to tackle cryptocurrency's environmental issues are still up in the air, with the potential protocol changes making headway. Shulman emphasizes that environmental issues aside, Bitcoin extortion is also a major issue enabling a surge of ransomware attacks and, in turn, posing a greater global quandary on cryptocurrency.

#earningsreport​ #newinvestorgeneration​ #stockvolatility​ Joel Shulman, in his appearance on Mornings with Maria, shares his views on the state of the Markets in the new month. High-flying value stocks have languished and may be in trouble with their high multiples. Shulman speaks about the guidance during earnings season, "95% of Tech stocks beat earnings, yet they still dropped 1.6% last week." However, selective FAANGs, notably Facebook, GOOGL, and AMZN provide a respite, in a market filled with high valuations and accompanying expectations. Even deep value stocks are down 20%+ from their YTD highs. Unfortunately, prior earnings guidance has not been very helpful since we are coming to an unusual time period with companies setting a low bar. Shulman discusses the acceleration of individual investors holding more stocks than ever as contributing factors to stock volatility. He notes the erratic movement of Bitcoin and Coinbase, as being representative of the new investor generation. Though he anticipates continued volatility through the Spring, he remains optimistic that markets will conclude the year at a higher level.