I am up early. The Bitcoin has traded overnight to a new all time high of $62,000 and change. One day ahead of this cyrptocurrency exchange going public through a direct offering.
I listen to a podcast site called The Investors Podcast. One episode with a smart fellow, a billionaire (this outfits likes to interview billionaires), said he thinks the entire stock market is overvalued. Practically no stocks worth owning can be considered selling at bargain prices. He said for beginners, newbies well call them, should sit on cash and wait for a time when these stocks do sell at bargain prices.
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