Investment briefing
The strong performance of major equity markets since the start of the pandemic has left many investors wondering whether it is a good time to raise cash.
Investment briefing
Katana & Wakizashi
Once again, the price of bitcoin is on the tear, encouraged by the launch of SEC-registered exchange traded funds, led by BlackRock’s iShares Bitcoin Trust. That, a cap on interest rate rises (making risk assets more attractive versus plain old cash) , the ubiquitous ‘halving’ event (which cuts the reward for mining Bitcoin transactions in half, artificially reducing new supply at roughly four-year intervals) and rumours of potential Russian sanctions dodging, have propelled the cryptocurrency to new highs.
Investment briefing
After cheering investor spirits with a brief mid-summer rally, global financial markets subsequently sold off through to the start of October.