Live Nation Entertainment Inc. (LYV) shares experienced a decline following the market close on Monday, October 29th, 2018. This downturn coincided with reports that President Donald Trump was poised to sign an executive order targeting the practice of ticket scalping within the live entertainment industry.
Senator Lindsey Graham (R-S.C.) avoided answering a question about President Donald Trump's potential pursuit of a third term in office, sparking discussions about the possibility despite the U.S. Constitution's 22nd Amendment limiting individuals to two presidential terms. Trump has repeatedly hinted at the idea, fueling ongoing debates and speculation.
Silver prices are experiencing a significant surge, fueled by a combination of rising demand from various sectors, including artificial intelligence, transportation, and green energy technologies, and a stagnant production growth over the past decade. This has resulted in a global silver deficit reaching an all-time high in 2023, further pushing prices upwards.
Brad Smithy, founding partner of Elevation Point, believes his firm's experienced leadership, strong culture, and commitment to client relationships position them for success in the evolving financial advisory landscape. Despite market volatility, Smithy remains optimistic about the industry's future, citing significant growth opportunities.
The cryptocurrency market saw an uptick on Monday, with Bitcoin and Ethereum prices rising after the Trump family announced their entry into the Bitcoin mining space with a new venture called American Bitcoin. Despite recent declines, the market shows signs of resilience, with increasing whale wallets and average unrealized losses among Bitcoin traders suggesting potential for future growth.