Why Warren Buffett’s Bleak Prediction Of Cryptocurrencies Is Wrong

Billionaire investor Warren Buffett has joined a long line of influential voices from the traditional financial world pouring cold water on increasing enthusiasm for the new — and booming — asset class of cryptocurrencies. “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” the chairman and… Please follow and like us:

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Bitcoin Price Back Where It Was A Month Ago

The price of bitcoin, the world’s best-known cryptocurrency seems to have gone full circle in the last one month, with its value a little over $15,100 in the early hours of Tuesday. Exactly a month ago, on Dec. 10, bitcoin was priced at $15,037 at the close of trade for the day. Just given those numbers,… Please follow and like us:

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Robert Reed: An Amazon-Target deal would mean a very different shopping experience

Sooner rather than later, Amazon is going to buy a big, well-known, traditional retailer. When it does, expect the e-commerce giant to take aim at Target. This is not an idle stretch of the imagination or investor whimsy. A respected tech industry analyst, Gene Munster, has boldly predicted Amazon will acquire Minneapolis-based Target, most likely this… Please follow and like us:

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Lyft gets $1 billion investment, led by Google’s parent company

SAN FRANCISCO — In the topsy-turvy world of tech, an investor can fund a company one minute and sue it the next. It also can turn around and fund a competitor, which is what Google’s parent company did when it announced Thursday that its growth equity fund led a $1 billion investment in Lyft, four years… Please follow and like us:

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Potential GDP And Harvey

At a time when there’s more uncertainty than usual about what the U.S. Federal Reserve will do next and when the next interest raise will be, there’s even more talk about the economy’s potential. Where could the nation’s gross domestic product could be? How would a healthier consumer impact potential GDP? Get The REITs eBook in… Please follow and like us:

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Silver prices strike new low

Chart | Calendar | TRADE NOW | SILVER Silver | Data | Chart | Calendar | Forecast | News source: tradingeconomics.com BUZ INVESTORS new low Silver increased 0.33 USD/t. oz or 2.00% to 16.75 on Monday May 15 from 16.46 in the previous trading session. Historically, Silver reached an all time high of 49.45 in January… Please follow and like us:

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Morningstar to Offer Advisors a New Tool to Evaluate Risk: Portfolio Products

As an alternative approach to traditional individual investor risk-profiling surveys, Morningstar has developed a new risk framework to help advisors gain a clearer picture of business risk and portfolio suitability across an entire book of business. Using proprietary algorithms, Morningstar’s solution can help identify unintended overexposure across multiple client portfolios managed at advisors’ discretion. The approach… Please follow and like us:

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As The Size Of The ETF Industry Grows, So Do The Risks

According to research by London-based ETF industry consultant, ETFGI last year global listed ETFs/ETPs grew faster than the global hedge fund industry, attracting $389.4 billion of net inflows compared to $70.1 billion of hedge fund outflows, the second largest The fact that exchange traded products attracted more assets than hedge funds last year isn’t wholly surprising,… Please follow and like us:

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The Big Economic Surprise And Other Charts

The economic calendar is light until the Friday employment report. Most of the punditry are still digesting the more aggressive talk in the recent speeches from Fed participants. With many observers expecting a correction and looking for a catalyst, pundits will be asking: Will a more aggressive Fed derail the rally in stocks? Personal Notes I… Please follow and like us:

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