Real Estate, Stock Market, Business and Economic U.S. Market Trends in 2018

At FAS CPA & Consultants we are committed to bring extra value to our current and prospective clients. This year, we are including a new feature in our blogs – quarterly reports to investigate, digest and present the economic, investment and real estate market trends in 2018. If you haven’t yet subscribed, now would be a… Please follow and like us:

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Germany to add China’s yuan to currency reserves

Germany’s central bank has said it will include China’s yuan in its reserves, giving another boost to Beijing’s drive to internationalise the currency and helping send the unit to two year highs. The Bundesbank said its board had decided in July to invest in the renminbi, as it is also known, to take account of its… Please follow and like us:

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10 reasons to buy crypto-currencies other than Bitcoin

WASHINGTON, January 12, 2018.: The sudden, perhaps unexpected spurt in the price of Bitcoin is leading investors to show interest in other crypto-currencies. While demand for about a dozen other crypto-currencies of the world remains slightly muted, indications are, their prices would also soar in coming months. Several reasons have led to the exponential increase in… Please follow and like us:

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The Bank Of England Is Planning A Bitcoin-Style Virtual Currency – But Could It Really Replace Cash?

Governments are extremely worried about cryptocurrencies such as bitcoin. These virtual currencies mean you can make payments without involving the banks that most economies and government financial models are built on. People can transfer large amounts of money without the authorities knowing, potentially making it easier to evade tax or launder money. So several countries’ central… Please follow and like us:

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World markets ring in 2018 on mixed note

Global stock markets greeted 2018 on Tuesday in mixed fashion, despite a raft of bright manufacturing surveys, with many investors away for extended holidays. Asian stocks mostly kicked off the year with gains, fuelled by strong data, improving corporate profits and hopes that US President Donald Trump’s tax cuts will fire US and world growth. Sentiment… Please follow and like us:

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Final Bill Brings New End-of-Year Tax Tips as 2017 Year-End Deadline Approaches

Final Bill Brings New End-of-Year Tax Tips as 2017 Year-End Deadline Approaches FOLSOM, Calif., Dec. 20, 2017 /PRNewswire/ – TaxAudit, the tax audit representation specialists, has updated its 2017 year-end tax tips to reflect the new tax bill coming into effect next year. TaxAudit offers income tax audit representation to individual taxpayers, small businesses, and professional… Please follow and like us:

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Who Is Going To Call The Top In Bitcoin? Morgan Stanley Says They Might Have A Model

In the alternative investment industry, there is an unpublished list of all-time excellent risk management trades. There is Balyasny Asset Management logically modeling in 2015 that the US Federal Reserve withdrawing quantitative stimulus might lead to a crash and adjusting its risk management overlay accordingly. There is Jim Chanos and Kynikos Associates calling out fraud at… Please follow and like us:

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Pakistan Examines Chinese Proposal to Replace Dollar with Yuan

Officials in Pakistan say a Chinese proposal to replace the U.S. dollar with yuan for bilateral trade is under consideration. Beijing has already committed to investing around $60 billion in the country by 2030 under a long-term plan of development cooperation with Islamabad, known as the China Pakistan Economic Corridor, or CPEC. Bilateral trade between the… Please follow and like us:

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New Malware Is So Powerful It Can Melt Your Phone

Security researchers have discovered a new form of powerful malware that secretly mines cryptocurrency on a person’s smartphone, which can physically damage the device if it is not detected. Researchers from the Russia-based cybersecurity firm Kaspersky investigated the malware, dubbed Loapi, which they found hiding in applications in the Android mobile operating system. The malware works… Please follow and like us:

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Qatar central bank to probe effort to manipulate riyal

Qatar’s central bank has launched an investigation into what it says are attempts to harm the Qatari economy through the manipulation of its currency, securities and derivatives markets. Sheikh Abdulla bin Saud Al Thani, the governor of Qatar’s central bank, blamed the effort on a Saudi Arabia-led group of countries that imposed an economic boycott on… Please follow and like us:

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VantagePoint Software Now Forecasting Bitcoin and Other Cryptocurrencies Utilizing Patented A.I. Technology

VantagePoint Software Now Forecasting Bitcoin and Other Cryptocurrencies Utilizing Patented A.I. Technology WESLEY CHAPEL, Fla., Dec. 13, 2017 /PRNewswire/ – VantagePoint Software, using patented Artificial Intelligence technology to predict stock market trends and trend changes made the official announcement today that traders can now use the software to forecast Cryptocurrencies. Actual chart from VantagePoint software showing… 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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Asian markets on course for broad gains after volatile week

Asian markets rallied on Friday, bringing a volatile week to a positive end as tech firms extended their rebound while investors tracked advances on Wall Street following reports Donald Trump is planning to unveil a big-spending public works plan. Global equities have struggled this week, hit by profit-taking, fears over the progress of a probe into… Please follow and like us:

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Venezuela to launch “Petro” cryptocurrency

By Mike “Mish Shedlock With Venezuela in default as well as hyperinflation, president Maduro vows to fight a US “blockade” with the “Petro”. Reuters reports Venezuela to launch cryptocurrency to fight ‘blockade’: Maduro. President Nicolas Maduro said on Sunday that Venezuela will launch a cryptocurrency to combat what the leftist leader says is a financial “blockade”… Please follow and like us:

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San Francisco real estate feels chill of China’s economic tailwinds

Although the slowdown in China’s economy apparently has reached across the Pacific to San Francisco’s residential real estate market, the city’s astronomical housing prices also play a major role. “We’ve seen a sharp drop over the last three years in search activity on Trulia, about 50 percent” by Chinese buyers, Ralph McLaughlin, chief economist for the… Please follow and like us:

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