Clarification on the Hong Kong Trade
Following today’s update of The Multi-Asset Investor, “Boring Is Beautiful”, this information may be useful when trading.
Following today’s update of The Multi-Asset Investor, “Boring Is Beautiful”, this information may be useful when trading.
The NASDAQ team, namely NVIDIA, Apple, Microsoft, etc., has reached 55% of the US cap. There can be no doubt that this is a major bubble.
In October, BOLD rose by 1.5%, Bitcoin fell by 3.1%, and Gold rose by 3.7% in USD terms. The month saw significant corrections for both assets, but it was encouraging to see the assets exhibit counter-cyclical behaviour.
Do you remember the days when Bitcoin was really exciting? It’s not over yet, because the 200-day moving average is still rising, and a bull run could kick off at any time.
As the owner of the best and most diversified brand portfolio in the world, today’s company is the pinnacle of quality in many investors’ minds.
We are awash with cash, and I need to put it back to work. As a value seeker, there is plenty to do that is detached from the bubbles and manias.