By SIMON CONSTABLE
Last year, while bitcoin prices were booming so was crypto-related fraud.
In the U.S. alone 82,135 crimes involving cryptocurrencies such as bitcoin, ethereum, and other digital currencies got reported. Read more here.
Photo by Pierre Borthiry on Unsplash
By SIMON CONSTABLE
Just when we all thought the end of the pandemic was in sight comes a piece of shockingly bad news for Spain, Britain, and the rest of Europe. Read more here.
By SIMON CONSTABLE
The largest share of that haul, 58%, went into funds that specialize in bonds, both taxable and municipal. Read more here.
By SIMON CONSTABLE
Germany’s epic recession maybe closer to ending than you think.
The largest economy in Europe has been contracting for well over a year, but leading indicators show that businesses are beginning to bounce back with some vigor.
Read more here.
By SIMON CONSTABLE
Shares of copper mining company Antofagasta look set to deflate because of a political lurch to the left in Chile, raising the possibility of higher taxes on resource companies. Recent drops in the price of copper aren’t helping either. Read more here.
By SIMON CONSTABLE
It’s an investor’s mantra: Rebalance your portfolio regularly. But it may be worth rethinking that mantra.
The case for rebalancing is pretty straightforward. Over time, assets whose prices rise account for a growing proportion of a portfolio’s overall value, and those whose prices fall amount to a shrinking share of the portfolio. Rebalancing, by selling securities that have risen in value and buying assets whose value has declined, restores the investor’s desired weighting of various assets within the portfolio. Read more here.
Photo by Hans Eiskonen on Unsplash
By SIMON CONSTABLE
Wall Street professionals often refer to “global macro,” but few outside of the finance world have any idea what it means or why it matters to investors.
Global macro is a term for underlying trends that are so large that they could lift or drop the economy or vast chunks of the securities market, says Peter Tchir, head of global macro at New York-based Academy Securities. “As a whole, they are huge driving factors,” he says. Read more here.
By SIMON CONSTABLE
Investors wanting to inject some fuel into their portfolio could do a whole lot worse than to consider energy giant BP.
BP (ticker: BP) has the potential for big gains over the next 12 months as the company engages in a significant stock buyback program, continues transitioning toward renewable energy, and markets its oil and gas at relatively high prices, analysts say. Read more here.
By SIMON CONSTABLE
They are headlines that no one can miss—Europe’s continued problems with its vaccine programs. But experts say that the continent’s biggest economy, once well lauded, has quietly developed a different set of economic ails. Read more here.
