Japan’s jobless rate in September unchanged at 2.8%- Nikkei Asian Review via /r/economy


Japan’s jobless rate in September unchanged at 2.8%- Nikkei Asian Review
https://asia.nikkei.com/Politics-Economy/Economy/Japan-s-jobless-rate-in-September-unchanged-at-2.8

Submitted October 31, 2017 at 02:33PM by PostNationalism
via reddit https://www.reddit.com/r/economy/comments/79xsb1/japans_jobless_rate_in_september_unchanged_at_28/?utm_source=ifttt

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Bitcoin hits all-time high after CME Group says to launch futures via /r/economy


Bitcoin hits all-time high after CME Group says to launch futures
http://www.reuters.com/article/us-markets-bitcoin-cme/bitcoin-hits-all-time-high-after-cme-group-says-to-launch-futures-idUSKBN1D01XE

Submitted October 31, 2017 at 01:24PM by PostNationalism
via reddit https://www.reddit.com/r/economy/comments/79xapd/bitcoin_hits_alltime_high_after_cme_group_says_to/?utm_source=ifttt

Can someone explain why/how some stocks are insanely expensive these days? via /r/economy


Can someone explain why/how some stocks are insanely expensive these days?

For example, a stock of Tesla is almost $350. Have stocks historically ever been worth that much? 1 Bitcoin is $6200 USD. Is it just me, or do I see something wrong here? Almost as if it's fake value, or massive inflation? I'm sure Bitcoins are worth a lot, but $6200? So if 6 years ago, when Bitcoin was just about a $1, if you bought 5000 bitcoins you'd be a millionaire? How can the value of something just increase that much in such a short time? I'm not really sure how Bitcoin works, but I assume it's a cyrptocurrency and there's only a limited amount of Bitcoins; I still don't understand why the value of them would skyrocket 6200x. Even Facebook, 5 years ago it was already a massive company, pretty much everyone already had Facebook about 5 years ago. The stock was around $20 then. Now it's $180, that's almost 9x growth. How? Facebook's income/userbase didn't grow 9x in the last 5 years, did it? There's gotta be something we don't know about here

Submitted October 31, 2017 at 12:37PM by gabrielcro23699
via reddit https://www.reddit.com/r/economy/comments/79wym7/can_someone_explain_whyhow_some_stocks_are/?utm_source=ifttt

Bitcoin hits all-time high after CME Group says to launch futures via /r/economy


Bitcoin hits all-time high after CME Group says to launch futures
http://www.reuters.com/article/us-markets-bitcoin-cme/bitcoin-hits-all-time-high-after-cme-group-says-to-launch-futures-idUSKBN1D01XE?utm_campaign=trueAnthem:+Trending+Content&utm_content=59f8a05a04d30120ae6e6efa&utm_medium=trueAnthem&utm_source=twitter

Submitted October 31, 2017 at 12:28PM by lurker_bee
via reddit https://www.reddit.com/r/economy/comments/79wwdl/bitcoin_hits_alltime_high_after_cme_group_says_to/?utm_source=ifttt