portfolio manager – DIGIT INFO

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

DIGIT — Mon, 10 Apr 2023 17:15:03 +0000

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Additionally, the majority of the market is pricing in another 0.25% increase for the May […]

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Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’

DIGIT — Wed, 07 Sep 2022 14:30:03 +0000

Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped by 0.50%, […]

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Fund Manager Warns Bitcoin Is Pointless and ‘a Particularly Vile Asset Class’

DIGIT — Mon, 15 Mar 2021 01:15:38 +0000

Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds of crime. Fund Manager Sees Bitcoin as a Vile […]

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Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation

DIGIT — Sat, 13 Mar 2021 10:30:47 +0000

A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against inflation has been somewhat exaggerated.” […]

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CoinTracking.info Helps Crypto Traders Avoid Costly Tax Mistakes

DIGIT — Tue, 10 Mar 2020 17:30:32 +0000

CoinTracking.info, the world’s most popular cryptocurrency tax software, is announcing the launch of a new service aimed at helping crypto traders avoid a common tax-time mistake: submitting incomplete or incorrect data to the IRS.

The post CoinTracking.info Helps Crypto Traders Avoid Costly Tax Mistakes appeared first on Bitcoin News.

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