This week, much of the talk on Wall Street was around Bitcoin. The cryptocurrency crossed the psychological barrier of $10,000. It then raced up to $11,000 before crashing. However, the CME received approval from the CFTC to begin trading Bitcoin futures on December 18th propelling it to back up once again.
On this week's show, Karl discusses what it is and why it may be dangerous in the short-term.
Also on this episode, the Senate is trying to get the votes for its tax reform bill and looks to have them. But, just as Wall Street was celebrating that, the Flynn news broke that could impact President Trump. Volatility ruled the day on Friday.