Earning his BS degree from Lafayette College, Ian King majored in psychology and began his career at Salomon Brothers. From there, he left for a position at Citigroup to work in credit derivatives. His next move was to Peahi Capital, a NY based hedge fund that he managed. Experienced in both analyzing and trading in the financial markets for over twenty years. Ian profitably traded cryptocurrency as well. Visit the website iankingguru.com to learn more.
The articles by him on effective trading techniques, cryptocurrency trends, and fraudulent investment schemes were featured on Zero Hedge, Fox Business News , TalkMarkets, Medium.com, and Seeking Alpha. Working as the senior analyst at Banyan Hill Publishing, he developed an original crypto investing multimedia product which has been used in Investopedia Academy.
In 2017, he began working in Banyan Hill Publishing to improve the crypto market literature. Editing the well-known Crypto Profit Trader, he works with this investment advisory which designates profitable crypto trends, in addition to contributing weekly to the publishing company’s Sovereign Investor Daily.
How do you think the trade war will play out?https://t.co/KjuNnuZfwF#TradeWar #NASDAQ #SP500 #Assets #Retirement #Commodity #Money #Investing #Commodities #Resources #Opportunity #Economy #Trading #Stocks #StockMarket #CMT #BanyanHill pic.twitter.com/5iI4PI7wTP
— Ian King (@IanKingGuru) June 21, 2018
According to Ian King, the popularity of bonds is increasing sufficiently enough to challenge the stock market, which has dominated investments since 2009.Though the Fed Reserve has held its rates at 1.75% for a long time, they are expected to increase by 0.25 percent any day. Due to this increase, overall investment in the bond market is expected to increase.
Ian King addressed the 2005 multiple rounds of quantitative easing organized by the Fed and the bonds that were longer-dated. He further explained that consequently, this led to an expansion of the monetary base and provided badly needed liquidity to the banks. The Fed’s goal was to transform bonds into bad investments, leaving investors no choice but to invest in a higher-risk stock market . Since the US, the Bank of Japan, and the European Central Bank all took these same actions, this boosted the stock market worldwide, increased the price of bonds, and decreased bond yields.
It is Ian King’s belief that Robinhood, a relatively new app for trading cryptocurrency, will help increase its value and accelerate growth of the market. Using the Robinhood app, millennials trade stocks and cryptocurrency commission-free on their smartphones. This helps smaller investors, but most likely will hurt those companies using fee based services. Robinhood’s customer base is one million, while its competitor’s is 13 million, both having been used for five years. However, Ian King predicts that Robinhood will surpass Coinbase due to its commission free transactions, unless Coinbase offers additional benefits.
Banyan Hill Publishing praised Coinbase for significantly reducing the complexity of bitcoin trading. Ian King states that the reason for cryptocurrencies’ tremendous growth potential is that relatively few people own it, although the increase in awareness brought about by media outlets is expected to increase the number of investors. Read more at Daily Forex Report about Ian King.