Adam and Blake Anderson from WealthGuard Advisors review recent market action in the S&P 500 and address one of the most common questions they are getting from clients right now, cryptocurrency.
After November’s pullback and recovery, the market is sitting just below all time highs. From there, the conversation turns to crypto assets and the surge of attention around Ripple’s new exchange traded fund.
In this episode:
- Why the S&P 500 recovery has not clearly broken to new highs yet
- What lighter year end trading could mean for market direction
- How blockchain technology actually works at a high level
- The key differences between Bitcoin, Ethereum, Ripple XRP, and stable coins
- What Ripple’s new ETF means and why XRP sold off after launch
- Why crypto ETFs and trusts offer more protection than private wallets
- How banks and payment networks may adopt blockchain without replacing traditional finance
At WealthGuard Advisors, we help clients evaluate new technologies carefully while keeping portfolios aligned with long term goals through fiduciary, fee only planning and investment management.
