Investing
The Future of Bitconnect Coin
Bitconnect coins were named among the world’s top 20 most successful cryptocurrency tokens at the end of 2017 before its cost dramatically collapsed. Several lawsuits were filed against Bitconnect founders and litigations are still ongoing. With all that, many people have been asking what will Bitconnect coin become in the
The Reasons for Ethereum’s Fall
Ethereum is a high-tech platform for developing decentralized applications based on blockchain technology. The primary focus of the project was the creation of the universal distribution system that would allow users to launch their ICO-projects and collect funds using the crowdfunding option. This allowed many talented developers without large amounts
Should You Shift Your Strategy this Summer?
Some investors follow a common strategy that is based on seasonal changes in market sentiment. The strategy, called “sell in May and go away”, entails switching to risk-free assets in the six months that start in May and end with the end of October. After that, investors can switch back
Investors Adjust Their Portfolio As Sentiment Shifts
Investors’ sentiment seems to be turning negative in the overall, despite the fact that the S&P 500 index has been making gains recently and recovering its losses. Investors are not convinced, and they are moving their funds into more defensive and secure assets than shares. Capital is fleeing away from
Shares to hold when the fed is dovish
An increasingly dovish tone from the Fed The fed has been showing an increasingly dovish tone recently. It is showing no intention of increasing interest rates any further beyond their current level in the near future, in order to maintain economic growth. This comes at a time when the US
Lyft goes ahead of Uber in the IPO game
Lyft begins its IPO roadshow: The disruption of the ride-hailing and ride-sharing apps continues, with more contenders entering the market and growing in their influence. Lyft, one of the main rivals to Uber, plans to launch its IPO before Uber does the same in April. Lyft is currently launching its
Rate cuts by the Fed are not due yet, and gold faces resistance
It is still early for rate cuts For over six years, gold prices have been unable to decisively break and stay above the $1360 per ounce price level. One of the reasons may have been a strong US dollar. And analysts say that gold prices will rally only when investors
The S&P 500 will likely fall to 1600 points, according to David Stockman
Experts expert bear market is in the making Many businessmen and investment professionals’ have recently voiced their concerns regarding American equities. The S&P 500 American equities benchmark has been in a bullish run since 2009 (1o years), and this worries knowledgeable analysts since it shows signs of complacency in the