My bad bitcoin advice
“Thanks a lot for your advice on bitcoin. Have you invested anything in cryptocurrencies?”
Goldman gloom…and a tale from Iceland
“We are nearing the longest bull market for balanced equity/bond portfolios in over a century, boosted by a ‘Goldilocks’ backdrop of strong growth without inflation. A 60/40 (equity/bond) portfolio has not had a drawdown of more than 10% since the great financial crisis,” says Goldman Sachs’ equity strategist Christian Mueller-Glissmann.
How 2018’s gold rush could play out
The gold price has seemingly gone nowhere this year. On 3rd January 2017 - the first trading day of the year - it finished at $1,151/o and right now, it’s around $1,280; a modest 11% increase.