Ian King Offers His Cryptocurrency Expertise and Discusses Trends
Ian King is a former manager for a prestigious hedge fund who’s now trading cryptocurrency and contributes as an editor for Banyan Hill Publishing. Ian king is well-known for his expertise on the crypto market, including the latest developments and trends. One of his latest reads from Banyan Hill discussed why bonds are suddenly on the rise and how it will pose a challenge to the U.S. stock market. He explained that the yield rate has grown substantially over the past year and many investors are developing an interest in the U.S. bond market. Follow Ian King on Medium.com.
A 5-year note is now up to 2.76 percent and increased 92 points more than last year. In 2016, the ten-year yield for an American bond dropped to 1.46 percent and the German bond fell under zero. This led investors to scramble for risky high-yield bonds or corporate bonds as opposed to making “safer” choices. A 10-year note is now standing strong at 2.95 percent and is expected to change, enough to give the current stock market a stir. In February 2018, U.S. stock funds had seen a huge lost of approximately $72 billion while equity mutual funds and ETF’s had significantly much greater outflows. Ian King stresses that despite the current state of the stock market, investors should always work under the direction of a well trusted advisor so they don’t make hasty decisions and mistakes.
Ian King joined the Bayan Hill Publishing team in 2017. He also works as an editor for Crypto Profit Trader and provides his insights and ideas pertaining to cryptocurrency trading. He has more than several decades of experience of analyzing the financial market and trading.Recently, King was chosen to present at the Total Wealth Symposium 2018, an annual event that focuses on the most important issues relating to the investment world. Attendees will be able to meet and greet each guest speaker, who are some of the business world’s most brilliant, at this year’s event and will be able to discuss investment opportunities as well as share ideas.
Read more at Talk Markets: http://www.talkmarkets.com/contributor/Ian-King/