Bitcoin Soars Above $2000 For First Time Ever
Bitcoin is now up over 100% in 2017, amid global political uncertainty and increased interest in Asia, suddenly spiking above $2000 this afternoon for the first time ever...
Bitcoin is now up over 100% in 2017, amid global political uncertainty and increased interest in Asia, suddenly spiking above $2000 this afternoon for the first time ever...
China's copy of Manhattan is no longer a ghost town, Bloomberg reports. But that doesn't mean it has forever forestalled a "day of reckoning" for its debt-fueled growth.
Back in 2006, some of the wall street banks (ahem, Goldman) managed to layoff quite a bit of their mortgage risk to unwitting European and Asian investors who, in their desperate 'search for yield', had no idea they had just been conned into stepping in front of a freight train. Now, it seems that the same thing may be happening yet again with another favorite wall street structured product, Collateralized Loan Obligations (CLOs).
Authored by Soren Kern via The Gatestone Institute,
At the end of olast year, there were 7,418,151,841 people on our planet, and while many in America still believe the world revolves around them, this map shows the world resized by each nation's current population...
Source: BofAML TransformingWorld Atlas
The five most populous nations are China (1.4bn people), India (1.3bn), the USA (324mm), Indonesia (259mm), and Brazil(206mm). BofAML sees four key 'people'-related investment themes emerging from this - Asia, Aging, Millenials, and Urbanization.