- BPT / Advisors Magazine
New study: 52% of Americans say 'cash is king'
According to more than half of Americans (52%), "cash is king" — a significant increase from the 17% who reported the same last year. Another 27% carry cash with them every day. This trend is particularly strong among older generations, with Baby Boomers (42%) and Gen Xers (31%) more likely than Millennials (23%) and Gen Zers (24%) to carry cash daily. Nearly a third of Americans (32%) generally keep at least $100 in cash on hand.
- Donald A. Steinbrugge, CFA
Investor Demand Trends for Alternative Investment Strategies
The hedge fund industry is dynamic, comprising numerous strategies that attract varying degrees of interest over time. Various factors, such as capital market valuations, economic growth expectations, inflation rates, market liquidity, and risk tolerance, significantly influence the demand for each strategy. Industry professionals spend a great deal of time analyzing these variables in order to identify which strategies are expected to offer the best opportunities for out-performance. One way to measure this is to ascertain which strategies are attracting current investor interest.
- Donald A. Steinbrugge, CFA
Why We May Be Only in the Early Stages of a Banking Crisis
The first half of 2024 saw the beginning of a banking crisis that will have repercussions for years to come, which will lead to a period of consolidation within the banking industry as well as a rethink of the role of banks in the US economy. During this period of significant stress, it is important to note that there are vast differences in the quality of banks as well as diverse operating models which will result in broadly varied outcomes.
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Nov 02, 12:00 pm
New study: 52% of Americans say 'cash is king'
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Nov 02, 11:03 am
Investor Demand Trends for Alternative Investment Strategies
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Nov 02, 09:25 am
Why We May Be Only in the Early Stages of a Banking Crisis
Conditions beyond the control of the U.S. government may exist for a collapse of the almighty dollar.
Hyperinflation and government spending hallmarking the U.S. economy over the past three years haven’t helped keep the dollar’s value as stable as economists and everyday Americans had hoped.
However, a more likely trigger for the dollar’s precarious situation exists outside our nation’s borders.
It is the acronym BRICS, which stands for Brazil, Russia, India, China, and South Africa.
It’s a mixed bag when it comes to calling a recession for the U.S. economy sometime this year. Most economists still see a recession as the U.S. Federal Reserve sends signals of more interest rate hikes to decelerate inflation.
The good news is people are working and unemployment is low. Also, consumers have continued to spend—more recently on services, but the buying of goods, in particular durable goods like big-ticket items including appliances and cars, could slow down. That would be a positive because it would help drive slower inflation.