Timothy Stanley: Bitcoin is almost 14 years old. He says that's a short track record compared to stocks or treasury bonds or gold. But there are companies and assets today that are worth trillions of dollars that at some point were 14 years old, he says. Stanley: Ask yourself if you think a bear asset that has a strictly fixed supply would be good for your portfolio.
Bloomberg News Wall Street Reporter Sonali Basak breaks down JPMorgan and Morgan Stanley earnings. Bloomberg Businessweek Editor Joel Weber and Bloomberg News U.S. Big Oil Reporter Kevin Crowley provide the details of Kevin's Businessweek Magazine story Exxon’s Toxic Culture Drives Workers From a Once Coveted Career. Andy Edstrom, Managing Director of Advisor Services at Swan Bitcoin, discusses investing in cryptocurrencies. Bloomberg News M&A Reporter Michelle Davis covers Kroger to buying Albertsons in a $24.6 billion grocery-giant deal. And we Drive to the Close with Emily Roland, Co-Chief Investment Strategist at John Hancock Investment Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.