2017: The year the bitcoin craze reached Wall Street

Bitcoin burst out of the shadows in 2017, seducing Wall Street and individual investors alike even though many still struggle to understand precisely what it is. The cryptocurrency’s rise is also pushing regulators to consider taking action after years of simply urging caution. Bitcoin started the year at $1,000 per unit in January but by mid-December… Please follow and like us:

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Asset management firms see windfall from B&R Initiative

China’s Belt and Road Initiative will create new opportunities for the asset management industry in the Asia-Pacific region in the next few years, a new industry report said. Asset management practitioners should take advantage of the huge opportunities for infrastructure construction in the countries and regions that are related to the initiative, said Ba Shusong, chief… Please follow and like us:

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It Ain’t Over Till It’s Over: 4 Trends Driving REIT Valuations

It has been an eight-year run for equity real estate investment trusts, returning almost 450% to investors, or roughly 20% per year. The broader equity market has also been on a tear, returning roughly 350% during the same period. Relatively easy monetary policy persists, credit spreads remain tight and the U.S. economic expansion is almost 100… Please follow and like us:

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The Bitcoin Bubble – How We Know It Will Burst

In the last year, the price of Bitcoin has increased from less than US$800 to more than US$12,000. This huge spike in value has many asking if it is a bubble or if the high price today is here to stay. Finance defines a bubble as a situation where the price of an asset diverges systematically… Please follow and like us:

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BoA: Wall Street Sell Side Indicator Indicates Gains Of 13% For S&P 500

One of the tools analysts at Bank of America use to try and gauge market sentiment through data is the bank’s Sell Side Indicator. This indicator is a compilation of asset allocation recommendations from Wall Street analysts. To arrive at the final figure, BoA’s analysts use the simple average of the recommended equity weighting for each… Please follow and like us:

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When Grandma and Grandpa join the bitcoin frenzy, you know it’s is turning into a bubble

One day in 2013, when the price of bitcoin had crashed to $600 from $1,200 in a matter of hours, I wrote that this showed that the virtual currency was a dumb investment. Three months ago, when the price hit $5,000, I again called it a dumb investment. So what about now, with bitcoin trading at… Please follow and like us:

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The Case For 5,000 Gold

“We believe that precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” said Goldman Sachs in a recent report on the dilemma of what investors should do about falling gold price . “They are neither a historic accident or a relic,” the report, titled “Fear And Wealth” continued. Following the… Please follow and like us:

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