Monday, June 11, 2018

Theres thousands of crypto-currencies now

"Bitcoin won't look anything like it is today. It will have a different name, if it exists. There will have been many hard forks changing it and changing it. And, it'll be a matter of dispute whether it exists or not.

The one scenario is that something like what happened after 2013 when bitcoin topped $1,000, and then lost 80 percent of its value. It looked like bitcoin was just fading away. It's so hard to predict these things."

Tuesday, June 5, 2018

Why the US markets seem to be going up

"There is a sort of optimism about the markets under Trump, and that's still continuing. I don't see a reason for it about to change. There's something about how the world is reacting to the president. Something about his self-confidence which is gradually lifting our spirits.

We've seen an overpriced stock market. We've seen concerns about that for years now.

If you have been overexposed to the United States in your portfolio, this is a time to reconsider that. Not to pull out, but to balance things ... Europe is cheaper than the U.S." - via CNBC