The current market landscape has been predominantly dominated by the technology sector, witnessing a remarkable 28% surge in 2024. Giants like Nvidia have more than doubled in value, showcasing the strength of tech stocks in the recent bull rally. On the other hand, small-cap indexes such as the Russell 2000 have shown minimal growth, rising
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Bank of America’s recommendation to buy shares of Viking, the luxury cruise company, may seem enticing at first glance, but upon closer inspection, it becomes evident that there are significant risks involved. While analyst Andrew Didora highlights Viking’s unique business model and high daily net per diems, he fails to address the potential challenges the
The municipal bond market saw minimal changes on Thursday as the largest deals were priced, leading to a somewhat stagnant situation. U.S. Treasury yields experienced a decrease, while equities showed an uptick towards the end of the day. According to Refinitiv Municipal Market Data and ICE Data Services, the muni-to-Treasury ratios ranged from 66% to
Investing in municipal bonds can be a lucrative way for investors to earn tax-advantaged income. These bonds offer income that is free from federal taxes, making them an attractive option for wealthier individuals. In addition, investors who reside in the state where the bond is issued may also avoid state taxes, further increasing their potential
As the second half of the year unfolds, fixed-income investors are urged to assess their portfolios and make necessary adjustments. Initially, there were expectations of multiple interest rate cuts by the Federal Reserve in 2019. However, the Fed has maintained the federal funds rate at the range of 5.25% to 5.50%. There is a growing
In a recent post, Ripple CTO David Schwartz shared insights into his personal crypto holding and selling strategies, revealing a trend among early Bitcoin investors. According to Schwartz, during his time holding Bitcoin, he would sell when necessary, whether it be to pay taxes or make purchases like a new computer. This behavior, as highlighted
Bitcoin, the leading cryptocurrency in terms of market capitalization, has recently experienced a significant drop in price, reaching a one-month low. This decline comes as the rapid surge in value that characterized this year shows signs of slowing down due to a lack of new market catalysts. Michael Saylor’s Response In the midst of this
SynFutures, a prominent DeFi derivatives protocol, has recently announced its plans to broaden its reach by joining Base, Coinbase’s L2 network. This strategic move aims to enhance trading opportunities for users and support the growth of emerging token projects. The expansion to Base is part of SynFutures’ multichain strategy for V3, following its success on
The Federal Reserve Bank of Philadelphia President Patrick Harker recently stated that the timing and number of rate cuts this year will be dependent on incoming data. This strategy of being data-dependent seems logical on the surface, as it allows policymakers to respond to real-time economic conditions. However, this approach also introduces a level of
Michael Saylor, the chairman and cofounder of MicroStrategy, has recently made a profound statement to the crypto community, urging individuals to “Learn to think in Bitcoin.” This call to action comes during a period of relative calm in the crypto market, with Bitcoin and other major assets showing little movement. Despite a slight rebound after