News 

This is the most successful age when Silicon Valley founders exit

“When you think of successful Silicon Valley entrepreneurs who sell their startup or take it public, you’d be forgiven if you thought they were typically in their 30s, or even their 20s” writes Antonio Villas-boas for businessinsider.com. That’s according to to a post from July on Digitopoly by entrepreneurship professor Joshua Gans citing a paper from the NBER Summer Institute. Gans says the finding is from basic data results and the research is still developing, but it’s still worth the consideration of Silicon Valley investors who tend to gravitate toward…

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News 

Tax Bill Preserves Incentives for Wind and Solar Power

“The tax bill originally passed by the House had included an additional extension of tax credits for technologies like nuclear power, fuel cells and carbon capture” writes Brad Plumer for nytimes.com. Roughly two-thirds of wind projects and three-fourths of solar projects in the United States are supported by such tax-equity financing.In its original form in the Senate tax bill, that provision could have derailed the financing of new renewable projects.Many companies building wind and solar farms sell their tax credits to multinational banks and other investors who can use them…

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Crypto Markets News 

Litecoin Price Surges by 10% Again to $300 as Demand Skyrockets

“Over the past 24 hours, the Litecoin price has surged by nearly 10 percent, increasing from below $270 to $300” writes unknown author for cryptocoinsnews.com. At the time of reporting, the price of Litecoin remains above $300. “I would be happy if Litecoin stays at around $300 by the end of next year.The statement of Lee came after the price of Litecoin increased by nearly five-fold since November.On CNBC’s Squawk Box, Litecoin creator and former Coinbase executive Charlie Lee stated that he would be satisfied if the price of Litecoin…

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Crypto News 

As Bitcoin, other currencies soar, regulators urge caution

“The proposal would place all retail commodities trading in digital currencies like bitcoin under CFTC jurisdiction, with some exceptions” reports foxbusiness.com. The world of bitcoin and digital currencies can be split into large branches.The public’s interest in all things bitcoin and efforts by entrepreneurs to fund their businesses with digital currencies is starting to draw more attention from regulators.But in the case of bitcoin and other digital currencies, retail investors were among the first to invest.The head of the Securities and Exchange Commission this week warned investors on the risks…

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Markets News Stocks 

As stock markets gears up for Santa rally, threat of shutdown could sideline investors

“We expected significant upside risk for equities on a successful legislative outcome on U.S. tax reform” reports foxbusiness.com. Wall Street believes tax reform will be the key catalyst to drive stocks higher going forward.And even as pundits play down the possibility of government coming to a screeching halt, the threat may keep some jittery investors sidelined.December is among the best months for equities and stocks tend to outperform toward the end of the year. Source: foxbusiness.com Share This:

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Markets News Stocks 

As stock market gears up for Santa rally, threat of shutdown could sideline investors

“And even as pundits play down the possibility of government coming to a screeching halt, the threat may keep some jittery investors sidelined” writes Markets Reporter for marketwatch.com. Market sentiment will likely be buoyant following the release of the final version of a tax bill that is expected to be voted on next week.Wall Street believes tax reform will be the key catalyst to drive stocks higher going forward. “We expected significant upside risk for equities on a successful legislative outcome on U.S. tax reform.As investors gear up for the…

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Crypto Markets News 

Klarman calls bitcoin a ‘trading sardine,’ others say ‘mania’ — They’re right

“I have no interest in this type of maniacal type of trading market,” he said on CNBC Wednesday” writes Tae Kim for cnbc.com. When asked for comment for this column on whether bitcoin is a “trading sardine,” Klarman replied: “Yes.”. These are not eating sardines, they are trading sardines.’ Like sardine traders, many financial-market participants are attracted to speculation, never bothering to taste the sardines they are trading. … trading in and of itself can be exciting and, as long as the market is rising, lucrative.Bitcoin futures trading launched this…

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Markets News 

UBS: Expect swift market rally if tax bill passes and Target, Raytheon to lead

“Investors should expect another U.S. stock-market rally if the Republican tax bill passes since the market has not fully baked it in, a strategist at UBS says” writes Mark Ralston for cnbc.com. “Many investors point to the rally in US equities since August as evidence that a tax cut is already priced in,” said Parker.The strategist points out that the S&P 500 rose sharply following the last two major overhauls to the tax code.And while part of those gains are “likely tax-related, past instances in which a tax cut was…

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Markets News 

Portuguese bonds climb in anticipation of escape from ‘junk’ status

“The ratings company had kept Portugal on a positive outlook, an indication that they have kept the door open to raising its credit rating” writes Sunny Oh for marketwatch.com. Investors are piling into Portuguese debt in expectation that one of the major ratings agencies will raise its sovereign debt rating to investment-grade status, and therefore making it eligible for bond benchmark indexes.After S&P initiated the move to investment-grade in Sep. 15, Portuguese bonds rallied, pulling the 10-year yield lower by a whopping 37 basis points to 2.42 percent by the…

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