Featured Stocks

Will there be a recession? Forecasts shift as banking turmoil subsides but inflation rages on

Yesterday, I wrote a piece about the power of long-term investing in the stock market.  In the hypothetical case whereby somebody was the unluckiest possible person, and by that I mean they started investing right at the stock market peak on December 29th 2021, I tracked how their portfolio would have done.  If they had… Continue reading Will there be a recession? Forecasts shift as banking turmoil subsides but inflation rages on

UBS renames Sergio Ermotti as CEO to lead Credit Suisse merger

UBS Group AG (NYSE: UBS) is in focus this morning after renaming Sergio Ermotti as its Chief Executive to oversee the pending acquisition of Credit Suisse (NYSE: CS). Here’s what we know so far Ermotti has previously led UBS between November 2011 and October 2020 – a nine-year tenure in which he played a central… Continue reading UBS renames Sergio Ermotti as CEO to lead Credit Suisse merger

Metacade investment opportunity: less than 1% remains to close the presale

Metacade (MCADE) is gearing for an exciting moment – getting listed on exchanges and the price potentially skyrocketing.  The Metacade (MCADE) presale is now 99.16% complete through the 7th presale stage, with only 0.84% left. Demand has remained high since the initial presale price of $0.008, and the token now goes for $0.0185. Analysts have… Continue reading Metacade investment opportunity: less than 1% remains to close the presale

AllianceBlock partners with ABO Digital to boost crypto financing

AllianceBlock, the company that seeks to bridge TradFi and DeFi through next generation decentralized infrastructure, has partnered with ABO Digital, the digital asset investment arm of ABO group. The strategic partnership will allow AllianceBlock to offer tokenized financial products to institutions and crypto projects. The financial instruments will be powered by the Nexera Protocol and… Continue reading AllianceBlock partners with ABO Digital to boost crypto financing

Should you sell the British pound in 2023? Hedge fund Rokos believes so

The COVID-19 pandemic took some heat away from the British pound, given Brexit. But Brexit is one of the causes of further weakness for the pound, according to Rokos Capital Management, an alternative investment fund management firm with over $14 billion in AUM (i.e., Assets Under Management). Other reasons for the bearish outlook invoked by… Continue reading Should you sell the British pound in 2023? Hedge fund Rokos believes so

Singapore’s Temasek writes off $275 million FTX investment

Crypto news about FTX continue to dominate headlines, with the latest being from Temasek, a Singaporean sovereign wealth fund that says it’s written off its entire investment in bankrupt crypto exchange. The state-owned holding company, which announced this on Thursday, noted that the exposure to FTX via the investment accounted for a negligible percentage of… Continue reading Singapore’s Temasek writes off $275 million FTX investment