Trump, Bessent May Open Gates to Flood of Crypto ETFs
Polygon, Algorand, Ripple and Solana may not be well known like their behemoth big brothers bitcoin and Ethereum.
That obscurity may not last long once the crypto-friendly Trump administration is up and running next year.
Experts predict a wave of applications for smaller digital currencies,
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Read MoreHere's why small-cap ASX ETFs are on the rise
ASX exchange-traded funds (ETFs) invested in small-cap companies listed in Australia or overseas are lifting in value as central banks worldwide begin cutting interest rates.
Small-cap companies tend to do better when rates are lower because this reduces the cost of the debt they need to carry to keep on investing in their growth and development.
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Read MoreTrump may renew a housing fight that could rattle mortgage rates
CNN
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During his second term, President-elect Donald Trump is widely expected to privatize Fannie Mae and Freddie Mac, the mortgage giants that guarantee 70% of America’s mortgages.
Amid a housing market marked by stubbornly high mortgage rates,
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Read MoreThe Burst
7 Stocks Buffett Bet Billions On
The rule of thumb in investing is to diversify. Yet the most successful investor of all time shuns that rule and bets heavily on a few companies instead. Warren Buffett has almost 90% of his stock portfolio invested in just ten stocks.
Indeed his top 7 holdings collectively are worth about $250 billion and his #1 position represents about half of that amount.
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Read MoreThe Ivy
Alert: 1 Profitable Fintech Has 57.4% Upside
Investment Alert: Buy Lending Club (LC)
Like other lenders. Lending Club is susceptible to credit and interest rate risk. But the share price has fallen to the point that the cash on its balance sheet now…
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