Below are Evergreen Gavekal’s Likes/Dislikes for November 8, 2019.
Two years ago to the month, bitcoin was in the midst of a surge that put some of the frothiest bubbles of all-time to shame. The unprecedented run saw the price of a single bitcoin swell from just under $1,000 at the beginning of 2017 to over $20,000 towards the end of the year.
Evergreen Gavekal’s Likes/Dislikes for November 1, 2019.
This Wednesday, Fed-head Jerome Powell announced the Federal Reserve’s third rate cut of 2019. On the same day, economic data reports signaled continued (but slowing) GDP expansion, buoyed by strong consumer spending and a resilient labor market.
Below are Evergreen Gavekal’s Likes/Dislikes for October 25, 2019.