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Cryptocurrencies have taken the investing market by storm over the past couple of years, with it’s latest explosive growth hinting at a bright future…
“Fundstrat’s Tom Lee says bitcoin could be a true substitute for gold and cannibalize some of the $7.5 trillion market. Lee estimates the cryptocurrency could be worth $20,300 by 2022. This estimate is based largely on the assumption that bitcoin can increase its share of the “alternative currency” market, which is mostly gold, from 0.7% to 5%…” [ Read more here ]
There’s been a recent shift in developed markets to emerging markets (EMs), opening the eyes of investors and drawing their attention…
“This chart from JP Morgan shows the re-emergence of China and India over the last four decades.
With major economic changes now underway in both nations, they are likely to play an increasingly larger role in the world going forward…” [ Read more here ]