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| | Bitcoin is now the biggest market bubble of all time, according to Birinyi Associates. Birinyi said bitcoin, which was trading at about $16,235 as of Thursday morning, surpassed the tech bubble, beanie babies, the Dow in 1929 and the silver bubble of the late 1970s. ...
Affluent Investors Have Confidence in the Economy, Not Their Retirement
A survey of 1,000 affluent investors (those with $500,000 in investable assets or more) showed they have confidence in the economy in 2018 but not their portfolios or retirements. About half of the investors said the stock market will improve in 2018 compared to 2017. But, 42 percent of the same group said they are fearful their portfolios can't withstand a market downturn. ...
$1.24 Billion in Client Money Heads To Raymond James
North Carolina-based Normann Financial Group (NFG), managing $880 million in client assets, left Wells Fargo FiNet for Raymond James Financial Services, the company's independent broker/dealer. Another team, the Winter Park, Florida-based Zizmer-Jones Private Wealth Management Group, left UBS and joined the traditional b/d at Raymond James. ... |
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