China’s Economy grows by 6.9 percent in ’17

Industrial output continues at brisk pace, climbing year-on-year China’s economic growth beat forecasts to reach 6.9 percent year-on-year in 2017, marking the first acceleration since 2010 despite financial regulatory tightening and measures against pollution that affect growth. Analysts said as growth stabilizes, the country will strengthen regulations and reforms to pursue high-quality development. GDP growth in… Please follow and like us:

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Cashing Out Bitcoin: What To Know About Tax And The IRS

If you’ve sold some Bitcoin, it is important that you know Uncle Sam wants his share too. Back in 2014, the IRS issued Notice 2014-21 stating the government’s position on what they call “virtual currencies.” It stated that such assets are considered property rather than currency. Under the rules for sales of property such as stocks,… Please follow and like us:

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Why Are The Markets Not Correcting

So let’s get to it, what did we learn over the past week? We were informed by Intel that its computer chips were affected by a bug that makes them vulnerable to hacking. All computers with Intel chips from the past 10 years are affected. Considering that computer chips are basically the backbone and brain behind… Please follow and like us:

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Disney CEO Robert Iger sees compensation decline to $36.3 million in 2017

LOS ANGELES — Robert Iger, the chief executive of Walt Disney Co., saw his total compensation decline 17 percent in the recently concluded fiscal year to $36.3 million, according to the company’s latest proxy statement filed Friday to the Securities and Exchange Commission. The drop from last year’s $43.9 million was due in part to a… Please follow and like us:

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6 Hedge Fund Trends to Watch in 2018

Hedge fund assets have hit record highs in each of the five past quarters, to some $3.2 trillion, and will grow by 5.5% over the next 12 months, according to Don Steinbrugge, head of Agecroft Partners, in his annual predictions of industry trends. Assets have risen despite a drumbeat of bad news about hedge funds, Steinbrugge… Please follow and like us:

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Hedge Fund AUM to reach an all-time high in 2018 for the 10th year in a row?

Each year, Agecroft Partners predicts the top hedge fund industry trends stemming from our contact with more than two thousand institutional investors and hundreds of hedge fund organizations. The hedge fund industry is dynamic, and participants are best served by anticipating, rather than reacting to, change. Below are Agecroft’s 9th annual predictions for the biggest trends… Please follow and like us:

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Goldman Sachs says US tax reform to cut earnings by $5 bn

US banking giant Goldman Sachs said Friday the recently-enacted US tax reform will cut its earnings this year by about $5 billion, mainly because of a tax targeting earnings held abroad. The tax reform package is expected to “result in a reduction of approximately $5 billion in earnings for the fourth quarter,” the company said in… Please follow and like us:

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China imposes new restrictions on outbound investment

China has issued new rules increasing oversight of overseas acquisitions by its companies, as it seeks to reduce investment in assets ranging from golf courses and movie studios to football clubs. The rules are the latest attempt to stem the tidal wave of capital that has flown out of the country in recent years, a trend… Please follow and like us:

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How Bitcoin Futures Trading Could Burst The Cryptocurrency’s Bubble

A new wave was added to the never-ending Bitcoin mania when the Chicago Board of Exchange (CBOE) became the first major derivative exchange to launch Bitcoin futures on December 10. Such was the euphoria among early investors that trading was halted twice due to CBOE speed breakers, which slow or pause trading when price movements are… Please follow and like us:

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Valuation-based Factor Stocks Get Smoked, But The Times They Are A-Changin: BAML

As 2017 comes near to a close, and the stock market by many accounts outperformed analyst projections, a Bank of America Merrill Lynch report on factors notes an interesting change that occurred relative to factors it watches. With 2018 forecast to be another reasonably strong year for US stocks, factor performance is a moving target and… Please follow and like us:

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6 Times ‘The Simpsons’ Accurately Predicted The Future

Fox’s long-running “The Simpsons” has had a knack for foreseeing future events. The popular animated series did it once again in regards to its own fate as it was confirmed Thursday that Walt Disney Company purchased 21st Century Fox assets in a $54.2 billion deal. “The Simpsons” predicted this would occur in 1998, however. On the… Please follow and like us:

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Warning to Veteran Advisors: Your Old Model Won’t Cut It With Millennials

Blunt message to veteran financial advisors: No way do millennials want FAs whose goal is to sell them products. They want advisors who focus on meeting their needs, as Eric Roberge, 38, a successful four-year “virtual advisor” targeting professionals in their 20s, 30s and 40s, told ThinkAdvisor in an interview. Roberge is unquestionably representative of the… Please follow and like us:

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5 things to know about the Disney/Fox deal and what it could mean for you

The media landscape was shaken up Thursday with the announcement that Disney will acquire 21st Century Fox’s entertainment assets in a deal valued at $52.4 billion in an all-stock transaction. RELATED: Disney theme park attendance drops as prices rise The House of Mouse gets crazy like a Fox! Here’s what it’s going to mean to you… Please follow and like us:

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S&P 500 Projected Return: 5% P.A. Or -4% – Robecco

2018 will be a “coming of age” for financial markets around the world as central banks wind down QE and economic growth gains traction, that’s the main takeaway from Robeco’s latest Expected Returns 2018-2022 report. Robecco’s report, which is published every year and gives a five-year expected returns forecast for the period ahead, has been named… Please follow and like us:

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The Future Fund and its contribution to Australia’s economic status

MELBOURNE, Victoria, Australia, November 30, 2017 – Australia’s Future Fund is a government-owned investment fund of Australia. The fund’s capital revenue emanates from the excess financial plan invested by the government of Australia. The Fund currently possesses nearly $60 billion of property, as stated by the Sovereign Wealth Fund Institute. In the year 2006, the government… Please follow and like us:

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