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REUTERS/Lucas Jackson Bank of America Merrill Lynch says traders are continuing to misprice how quickly rates are going to rise. The firm recommends going long the US dollar and hedging against stock declines in the face of higher interest rates. Investors are underestimating how quickly the economy is growing. At least that’s what Bank […]
Glassdoor/Airbnb Have you ever used Uber, Ebay, Facebook or AirBnB? Then you are officially part of the sharing economy. The unofficial “economy” encompasses the ideas behind open-source software and peer-to-peer sharing. Companies like Uber let you connect with other users in order to find a ride without talking to a big taxi company. AirBnb lets […]
Thomson Reuters The dollar is hugely overvalued. According to the Bank of America Merrill Lynch Global Fund Manager Survey out on Tuesday, a higher percentage of investors in February believed the dollar is overvalued than in more than a decade. According to the results, 41% of fund managers believed that the “most crowded trade” is […]
