By Matt Kubiak As Austrians we are always looking for evidence to lead us to the next bubble. I think most of us are on high alert after a decade of easy money, stock price inflation, and ever decreasing bond yields. However, identifying the specific bubble sector(s) ahead of time is extremely difficult (unless you are Mark Thornton). This notwithstanding, one industry … [Read more...] about The Coming Whiskey Bubble?
By Colin Lloyd Over the period from 1915 to 2014 the return on U.S. equities was an annualized 11.5 percent, while the return on government bonds averaged 4.3 percent. The longer-run average S&P 500 return is nearer 9 percent, but during the past decade it has exceeded 14 percent. U.S. bonds have also rallied, returning around 2 percent. Yields across most developed … [Read more...] about The Pension Fund Apocalypse
By Luke F. Delorme As an investment advisor, I can’t help but sometimes fall into the trap of industry lingo. Mea culpa. This is my short list of things I hear way too often in the investment industry, and my honest translation into English. What advisors say: “Your returns were good last year because we maintained exposure to equities.” What it means: “The stock market … [Read more...] about How To Decode Investment Advisor Speak
By Jeffrey A. Tucker The market capitalization of crypto is 300% higher now than it was two years ago this date. Among the biggest changes from two years ago is Bitcoin (BTC) dominance over the sector, down from 85% (January 2017) to circling around 50% today. This change is mostly traceable to the rise of specialized tokens filling various market needs, something very few … [Read more...] about Did You Write Your Bitcoin Obituary In Time?
By Avi Mizrahi Andrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their tax obligations. In recent years the company has created plans for dozens of people who made their wealth from the cryptocurrency sector, including business owners, traders, investors and consultants. … [Read more...] about Why Cryptocurrency Investors Are Renouncing Their US Citizenship