Waiting for a 30% Bitcoin Dip Backfired in 61% of Tested Cases

Bitcoin buyers in a test of 216 highs would have paid more after a 30% crash than at the earlier high in most cases. Successful waits brought a median 19% discount; failed waits, a median 76% premium. Why a Bitcoin Crash Still Led to a Higher Purchase Price A bitcoin buyer could wait for a […]

BlackRock CIO Dumps Stocks for High-Grade Bonds. Here’s Why

BlackRock’s Rick Rieder is cutting stocks. He says high-grade bonds paying 7% to 8% now beat the 10% to 12% he expects from equities. Rieder is chief investment officer of global fixed income at BlackRock and oversees about $2.4 trillion. He spoke on Yahoo Finance’s Sozzi Unleashed about the 10-year Treasury yield above 5%. Why […]