Is the market misjudging risk?
BlackRock is warning of the misjudgments the market is making in regard to underlying risks. Many experts agree that central banks have no near term solution for any of the problems currently plaguing Wall Street and this will cause continued investment portfolio declines; unless funds are invested and diversified properly. We agree. With faltering markets and continuing inflation, we believe diversification is vital as we move into 2023.
Should the SEC regulate crypto?
The crackdown on crypto begins in earnest. If Elizabeth Warren gets her way, the governing controls will be handed over to the SEC. Is this really the best entity for the job? Given the financial fallout experienced on Wall Street over the last several years, it would seem the SEC already has a full plate; but who else could be tasked with this responsibility? It is for this reason most experts have always warned "caveat emptor" when buying crypto, which still seems to be the most sound advice.