Strong support Wednesday for Ethereum, with some commenters predicting the cryptocurrency could double in 2024.

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📊 Income

• The growing importance of fixed income futures.

• The ten dividend-paying stocks Wall St is most bullish on.

• Eurozone bond yields are marching higher.

• An interest rate cut by India’s central bank next year can boost the country’s bond market, which has already witnessed its biggest-ever low-grade local debt sale this year

  If you want to invest in US stocks from companies that pay high dividends but don’t want to do the research yourself, check out Public’s High-Income Dividend-Paying plan. It follows the top 20 holdings by weight from the iShares Core High Dividend ETF (HDV).

📊 Crypto

• Cathie Wood is dumping Bitcoin.

• Singapore will introduce tighter rules to regulate crypto.

• Two cryptocurrency platforms linked to high-profile digital entrepreneur Justin Sun were hacked, with an estimated $115 million likely to have been stolen.

🌍 Global Perspectives

🇸🇦 Riyadh Air is betting on a tourist surge to Saudi Arabia.

🇳🇬 The Nigerian central bank’s decision not to hold its monetary policy committee this week has deepened uncertainty over how its new governor plans to tackle the currency crisis in Africa’s biggest economy.

🇩🇪 Germany's economy shrank slightly in the third quarter.

🇹🇷 Turkey’s central bank raised rates to 40% to tackle inflation.

🇨🇳 Everything you need to know about China’s child pneumonia outbreak.

🇨🇩 A directive from the Democratic Republic of Congo’s central bank has lenders in the country concerned they may need to sell stakes of as much as 45% within three years.

🇨🇳🇺🇾 Uruguay and China have agreed to pursue a bilateral trade pact.

💎 Wealth Watch

• Two strategies for a lower mortgage rate that you probably haven’t thought of.

• Four tips to stretch your Black Friday budget.

• It's the cheapest Thanksgiving Day for drivers since 2020.

• Five things investors should know about a coming recession.

• The IRS has decided to postpone tax enforcement deadlines set by Congress.

• Family offices are keeping a “watch and wait” approach to their portfolios, but they shifted a modest amount of cash to a broad range of asset classes for the third straight quarter.

🗳️ Outside the Box

• In the US, the American Dream is now a work of fiction.

• 

• The slowing US economy, state by state.

• An Iowa school district has apologized to parents after emailing an announcement with a "quote of the day" that was actually attributed to Heinrich Himmler.

• The Black Friday and Cyber Monday scams to avoid this year.

• How to use ChatGPT for holiday gift ideas.

📈 Trends you need to know

Brought to you by our friends at Glimpse, my favorite way to spot trends.

Has Black Friday peaked?

That’s all for today. Did we miss anything? Smash the reply button to let us know.

Cheers,

Wyatt

Notes

Please read this disclaimer. The authors of Alt Assets, Inc. are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content should not be taken as professional advice. They are self-taught accredited investors, sharing information, research, entertainment and lessons learned based solely on their own experience and circumstances. Individual results may vary. The published content is unique, based on certain assumptions and market conditions at the time of publishing, and is intended to serve solely as research, not financial advice. For entertainment purposes only. Not investment advice. Alts I LLC (the “Fund”) is an affiliate of Alt Assets, Inc. and the Fund has conducted a private placement offering under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended. The Fund may invest in one, several, or all of the alternative asset classes that Alt Assets, Inc. publishes content about on its site. Any of the Fund’s investments that have positive designations on the Alt Assets, Inc. site are purely coincidental, as the Fund is actively managed and guided by its own investment parameters, as summarized in the relevant private placement memorandum. Alternative investing involves a high degree of risk, including complete loss of principal and is not suitable for all investors. Past performance does not guarantee future results. The newsletter may contain affiliate links, meaning that Alts.co and its associated entities may receive compensation for referring customers to the noted companies. We recommend seeking the advice of a financial professional before you make any investment in an alternative asset class or any associated entities, and we accept no liability whatsoever for any loss or damage you may incur.