The Investopedia Express with Caleb Silver

Investopedia's Top Terms of the Year, and What's Behind Bitcoin's Mega-Rally

Dec 11, 2023

Financial expert Ric Edelman joins the podcast to discuss Investopedia's most searched terms of 2023, the rise of Bitcoin, and the potential for even bigger gains in the future. They also explore the mainstream adoption of cryptocurrency and investment opportunities in blockchain support companies. Additionally, the importance of financial advisors' knowledge in digital assets and cryptocurrency is emphasized, along with the cost of the 'American Dream' and accumulating Bitcoin through regular purchases.

30:46

Episode guests

Ric Edelman

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Episode notes

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Quick takeaways

Investopedia's top 10 terms of 2023 included racketeering, assumable mortgage, BRICS, Treasury bills, debt ceiling, inverted yield curve, certificates of deposit, artificial intelligence, bank failures, and the American Dream, showcasing readers' interest in various financial concepts and challenges.

The recent rally in Bitcoin can be attributed to the upcoming halving event and the anticipation of SEC approving Bitcoin ETFs, highlighting the impact of market events and regulatory decisions on cryptocurrency prices.

Deep dives

The 2023 stock market rally and Fed's interest rate decision

The S&P 500 achieved its highest close of the year and since March 2022, with a 20% gain for the year. The strong jobs report in November suggested a slowing economy, but investors hoped for a soft landing and for the Federal Reserve to pause on rate hikes. Speculation emerged that the Fed may start cutting rates sooner in 2024, leading to a six-week rally for stocks. The markets are eagerly awaiting the Fed's summary of economic projections and the dot plot to gauge future rate cuts.

Introduction

2min

Top 10 Finance and Investing Terms of 2023

6min

Bitcoin ETFs and the Anticipation of SEC Approval

14min

Crypto Going Mainstream and Investment Opportunities in Blockchain Support Companies

2min

Investing in Crypto Through ETFs

2min

The Importance of Financial Advisors' Engagement and Knowledge in Digital Assets and Cryptocurrency

2min

Stack and Sats: Accumulating Bitcoin and the Cost of the 'American Dream'

3min

It's been a year unlike any other for investors with a bear market in bonds, bank failures. the rise of A.I., and a reality check for the so-called "American Dream". We bring you Investopedia's Most Searched Terms of 2023, and what that Dream costs in today's dollars. Plus, Bitcoin is on another one of its magnificent rallies, up more than 180% in 2023. Ric Edelman of DACFP climbs back aboard The Express to explain the enthusiasm, and why it could get even bigger next year.

LINKS FOR SHOW NOTES

https://www.investopedia.com/2023-investopedia-terms-of-the-year-8409161

https://www.investopedia.com/the-american-dream-now-costs-over-usd3-million-8409951

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

https://www.investopedia.com/terms/e/equityriskpremium.asp

https://www.investopedia.com/what-to-expect-in-the-markets-this-week-4584772

https://dacfp.com/

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