FEDERAL RESERVE HINTS, NEGATIVE INTEREST RATES A POSSIBILITY FOR THE US

Via Zerohedge.com

  • “The biggest shocker in today’s Fed announcement is not that the Fed did not hike: that was telegraphed far away. It is highlighted on  the chart below in red: for the first time ever, one FOMC predicts negative rates in 2015 and 2016″

[Editors note] – Quite simply, due to the extreme growing levels of sovereign,corporate,financial and private debt world wide, at this point there is little to no chance that loose monetary policy such as low interest rate policy or Quantitative easing will be able to be reversed without a complete collapse of the global financial system.

Today was one of the biggest admissions yet (from the most influential central bank in the world), that there has been no real recovery since the 2008 crisis; as the most important economy in the world cannot even handle a 0.25% interest rate hike.

Read more here…

ARK Invest Becomes First Public Fund Manager to Invest in Bitcoin

Via prnewswire.com..

[Editors note] This is a significant development that could lead to more public funds gaining exposure to Bitcoin; which in turn could fuel retail investment demand in the future. Please also check out my article on Bitcoin retail investment, where I discuss this in more detail.

  • “ARK believes that bitcoin, a digital currency, could disrupt the $500 billion intermediary payment platform industry which includes credit cards, electronic payments and remittances, and might empower the creation of a new group of companies and industries.”
  • “ARK Investment Management LLC (ARK), an active manager of thematic exchange-traded funds (ETFs), is pleased to announce that the ARK Web x.0 ETF (NYSEARCA: ARKW) has become the first ETF to invest in bitcoin. ARK has made its investment for ARK Web x.0 ETF through the purchase of publicly traded shares of Grayscale’s Bitcoin Investment Trust (OTCQX: GBTC)”

Read more here..