BlackRock's Terry Simpson on 2018 Economic Outlook
BlackRock Investment Institute released its 2018 Global Investment Outlook on Monday. Terry Simpson, Multi-Asset Investment Strategist at the Institute, explains his outlook for the economy heading into the new year.
The top themes in 2018 include: room to run in economy growth, inflation making a comeback in select regions, and lower reward for risk. This year, the global stage saw big surprises in economic growth from Europe, Japan, and China. Simpson expects the economic recovery to continue, but adds that there won't be as many surprises in 2018.
On Sunday, CBOE launched futures contracts for cryptocurrency. During this first day on futures, Bitcoin surged 26 percent. Simpson says he sees tremendous opportunity for blockchain technology. But, Simpson says, now is not an opportune time to recommend that its institutional clients invest in crypto assets, because of lack of regulation and volatility.
Senior Health Correspondent for TIME, Alice Park, gives us a deeper look into how Eli Lilly's new pill orforglipron may change the healthcare industry.
Archer Aviation CEO Adam Goldstein talks about the advancements in electric air taxis and how his company is changing the future of air transportation. Watch!
Ben Soffer, aka @boywithnojob, discusses his journey from social media influencer to entrepreneur and why he wanted to enter the competitive drink space. Watch!
StockstoTrade.com Technical Trainer, Tim Bohen, discusses why he thinks Trump is doing what he is doing and how it will affect the market going forward.
Jacob Sonenshine, Stock Pick Writer at Barron's, unpacks the current state of the markets, Trump's tariffs and if more volatility is on the way. Watch!
RedFin's Chen Zhao joins Cheddar to breakdown the current state of the housing market in the United States and what prospective homebuyers need to know. Watch!