Weekend Reads: Bitcoin, Math, and The FED

But sometimes, even we in the Managed Futures space need a reminder that crisis periods are only one way these types of strategies find returns.

Managed Futures Posts Best Performance of 2017 – (RCM’s Attain Alternatives Blog)

 

Almost two-thirds say this is the lowest point in U.S. history—and it’s keeping a lot of them up at night.

Americans Are Officially Freaking Out – (Bloomberg)

 

“We suspect that a Powell-led Fed would not be a large step away from a Yellen-led Fed and would thus represent policy continuity for markets,” echoed Peter Hooper, chief economist at Deutsche Bank.

What a Jerome Powell Fed means for investors and the economy – (Market Watch)

 

Jerome Powell, the president’s pick to be the next chairman of the Federal Reserve, is not a trained economist. That makes him the first leader of the Fed without an economics degree since the late 1970s.

Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship – (Marketwatch)

 

While Yellen has her critics, she is widely viewed as a successful Fed chair. Even President Trump said Thursday that Yellen is “a wonderful woman who has done a terrific job.”

Yellen Will Leave Top Fed Post With Solid Record – (NPR)

 

Bitcoin Futures could legitimize Bitcoin for the rest of the investing world

Welcome to Future(s), Bitcoin – (RCM’s Attain Alternatives Blog)

 

Increase in the size of the child tax credit. A pet project of Ivanka Trump, the proposal is to increase the credit to $1,600 from $1,000. The bill would also add a credit of $300 for each non-child dependent or parent for five years, after which that provision would expire.

The GOP finally unveiled its massive tax plan that proposes a sweeping overhaul to the system – (Business Insider)

 

The Supreme Court does not compute. Or at least some of its members would rather not. The justices, the most powerful jurists in the land, seem to have a reluctance — even an allergy — to taking math and statistics seriously.

The Supreme Court Is Allergic To Math – (FiveThirtyEight)

 

Investors seem desperate for any kind of blockchain exposure, to the point where companies that put the word “blockchain”—or other cryptocurrency terms—into their name have seen share prices soar, a trend that some experts compared with an essentially automatic boost enjoyed by the technology companies that added “dot-com” to their name during the tech bubble.

Two ETF sponsors file for funds related to blockchain, bitcoin’s foundational technology – (Market Watch)

 

So, is it Morningstar’s fault for not being explicitly clear that these stars are just a starting point when looking to invest, or is it the financial advisors and investors fault for using the stars as the only due diligence before investing?

How Morningstar can Fix Their Rankings – (RCM’s Attain Alternatives Blog)

 

“It seems this little guy has been eating a little too well and got caught in the sewer grate,”

Raccoon Eats Too Much, Gets Stuck in Sewer Grate: Police – (NBC)

 

Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

See the full terms of use and risk disclaimer here.

logo