Tag: S&P 500

Global Markets Reel as Trump New Trade Tariffs Spark Economic Uncertainty

The U.S. stock futures recently recorded a steep decline in the early hours of Monday as President Donald Trump imposed new trade tariffs on several countries, including Mexico, China, and Canada. This recent development has left investors grappling with the new government’s decision as the crypto market experiences a decline with NASDAQ futures recording 2.7% […]

BlackRock Recommends Up to 2% Bitcoin Allocation for Balanced Portfolios

BlackRock—global asset management giant—recently published a new paper recommending a 1% to 2% Bitcoin allocation in multi-asset portfolios. According to the firm, the percentage allocation of Bitcoin tallies with the risk levels mostly associated with several portfolios in possession of technology stocks which in turn offers investors ways to diversify risk. Bitcoin as a Risk […]