Bitcoin’s on the Verge of Topping Record High Reached in March (2 min read)

Bitcoin surged past $72,000, driven by strong inflows into ETFs and speculation surrounding the upcoming US election. Many view the rally as a "Trump trade," as the former president has been a vocal supporter of digital assets, fueling optimism among crypto traders. With options traders betting on Bitcoin reaching $80,000, the market remains highly volatile ahead of Election Day, while inflows into Bitcoin ETFs continue to rise.

Larry Fink says the Fed won’t cut interest rates as much as markets expect this year (2 min read)

BlackRock CEO Larry Fink expects only one interest rate cut this year, challenging market forecasts of two cuts, due to persistent "embedded inflation." Speaking at a panel in Saudi Arabia, Fink highlighted that inflationary pressures from onshoring and US government policies make it unlikely for rates to drop as much as expected. He emphasized that these policies, while reducing reliance on foreign supply chains, have increased the cost of goods, keeping inflation elevated.

Alphabet earnings crush estimates as cloud business expands (2 min read)

Alphabet, Google’s parent company, kicked off Big Tech earnings season with strong Q3 results, reporting better-than-expected earnings and revenue growth. Boosted by its expanding cloud business, Alphabet posted earnings per share of $2.12 and $88.27 billion in revenue, beating analyst estimates. Notably, its cloud revenue surged 35%, as AI-driven services gained traction, pushing the stock up nearly 6% in after-hours trading.

Boeing Raises $21 Billion in Capital to Repair Balance Sheet (3 min read)

Boeing has raised about $21 billion through a major share sale, one of the largest in history, to strengthen its balance sheet and avoid a potential credit downgrade. The funds will help Boeing navigate financial challenges, including pandemic strains, the 737 Max jet issues, and an ongoing labor strike. CEO Kelly Ortberg is also conducting a review to streamline operations and ensure the company's future stability.

3 Passive Income ETFs for Your Retirement Strategy (3 min read)

This article highlights three popular US-listed ETFs that may be suitable for retirement portfolios: Pacer US Cash Cows 100 ETF, iShares Core Dividend Growth ETF, and JPMorgan Equity Premium Income ETF, each offering different strategies for generating consistent income. These funds provide options ranging from cash-flow-focused stocks to high-dividend stocks combined with options strategies to help retirees secure their financial future.

Japan maintains cautious stance on crypto ETFs (3 min read)

This article highlights Japan's cautious approach to crypto ETFs, contrasting with the recent approvals of such funds in the US, Hong Kong, and other markets. While Japan aims to be a digital asset-friendly hub, its regulators remain hesitant to ease tax and regulatory restrictions for widespread adoption. Despite growing advocacy and partnerships like SBI Holdings with Franklin Templeton, major regulatory changes for crypto ETFs in Japan are not yet on the horizon.

3% Stock Market Returns For the Next Decade? (3 min read)

Goldman Sachs predicts that the S&P 500 could deliver just a 3% annualized return over the next decade, with a 70% chance that US Treasuries might outperform stocks during this time. This article suggests that while predicting market returns is difficult, investors should be cautious of such forecasts and focus on diversification. Despite the recent bull market, it’s essential to prepare for the possibility of lower US stock returns by spreading investments across different asset classes.

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