Tag Archives: survey

Fund managers aren’t sold that bitcoin (BTC-USD) is a screaming buy after the cryptocurrency’s rout.  Eighty-one percent of fund managers polled in a new Bank of America survey say bitcoin is still a bubble despite the steep price pullback. Investors view bitcoin as the second most crowded traded (investors love bitcoin perhaps too much) behind being long commodities.  A total of 224 fund managers with $667 billion in assets under management participated in the survey. To be sure, bitcoin… Source link

(Bloomberg) — Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process. Bitcoin and many others in the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 12:20 p.m. in London on Sunday, according to pricing data from CoinGecko, though No. 2 Ether was slightly higher…. Source link

Google I/O is taking place next week where the company will announce updates and future improvements across its various platforms, operating systems, and online services. Android Central reports that some users on Android have been prompted to fill a survey to help improve Wear OS. There has been much speculation about Wear OS and what direction Google may be steering the platform. Ever since Google’s Acquisition of Fitbit, it was rumored that Google planned to launch a Pixel-branded… Source link

Institutional investors no longer view the COVID-19 pandemic as the No. 1 tail risk, according to the latest Bank of America (BofA) survey of global fund managers, an important gauge of sentiment on Wall Street. Since COVID-19 became a global pandemic a year ago, the virus has dominated the rankings as the top tail risk by fund managers. For the first time since February 2020, COVID-19 is no longer in the top spot. These days, investors consider the biggest tail risks to be higher than… Source link

Bloomberg Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan (Bloomberg) — President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter.Unlike the $1.9 trillion Covid-19 stimulus act, the next initiative, which is expected to be even bigger, won’t rely just on government debt as a funding source. While it’s been… Source link

TipRanks 3 Big Dividend Stocks Yielding at Least 9%; BTIG Says ‘Buy’ How important are dividends to a stock investor’s profits? Speaking before the Financial Industry Regulatory Authority (FINRA) on October 15, 2007, investing guru John Bogle laid out the case: “Over the past 81 years… reinvested dividend income accounted for approximately 95 percent of the compound long-term return earned by the companies in the S&P 500. These stunning figures would seem to demand that mutual funds… Source link

The Canadian Press In Georgia, final warnings about high-stakes Senate runoffs MILNER, Ga. — Vice-President Mike Pence warned conservative Christian voters in Georgia on Monday that a pair of high-stakes Senate runoffs might offer “the last line of defence” against a Democratic takeover in Washington.The vice-president’s visit to a Georgia megachurch launched a day of last-minute headliners, as President Donald Trump and President-elect Joe Biden campaign in the state ahead of Tuesday’s… Source link

TipRanks J.P. Morgan: 2 Stocks to Buy (And 1 to Avoid) Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a decline in volatility and favorable monetary policies will combine to make stocks the go-to investment for 2021, fueling further market gains. Officially, JPM is forecasting a 25% gain in the S&P 500 over the next 12 months.With investors gravitating toward stocks,… Source link

TipRanks J.P. Morgan: 2 Stocks to Consider Buying (and 1 to Stay Away From) In a report on current market conditions – and the strategic view going forward – JPMorgan’s Marko Kolanovic sees plenty of reasons for optimism. Kolanovic sees that risk has eased in the last few weeks, and taking the usual daily fluctuations into account, markets are likely to see a sustained rally.The biggest news, in Kolanovic’s view, are the positive reports about the rapid development and imminent… Source link