Investors looking to weather a volatile market may want to opt for physical gold over gold stocks.That's according to George Milling-Stanley, one of the world's experts in gold and the chief gold strategist at State Street Global Advisors."One of the reasons I own gold bar(s) is that I believe it...
Category: Finance
China needs a narrative that house prices are going to rise, Nomura’s Koo says
Pictured here is a real estate project under construction in Huai 'an city, Jiangsu province, China, on April 8, 2024. Future Publishing | Future Publishing | Getty ImagesBEIJING — China needs to convince people that home prices are on their way up in order for economic activity to pick up, Richard...
New ETF looks to profit from municipal bonds
A new ETF is trying to capture profits in the municipal funds space.BondBloxx's Joanna Gallegos is behind the IR+M Tax-Aware Short Duration ETF (TAXX) — which launched less than a month ago. "When you think about municipal bond portfolios, you really want people to think beyond them and look for the...
Fed officials still expects rate cuts this year, but not anytime soon
Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the next policy meeting in May. Mester also indicated that the long-run path is higher than policymakers had previously thought. Her fellow policymaker, San Francisco Fed President Mary Daly, also said...
Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts
Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000."Get off zero," the Morgan Creek Capital Management CEO and chief investment officer told CNBC's "Fast Money" this week.Yusko thinks investors should have at least 1% to 3% allocated to bitcoin in their portfolios. "Bitcoin...