Institutional Analysis: Cryptocurrency Crisis Provides Support for Securities

In the Jan. 24 Business Survey, investors analyzed Fed policy issues, gold prices held steady as investors assessed the Fed's performance. Simple rules and crypto disappearances provided support for securities assets. Institutional economists expect the Fed to raise rates for the first time in three years in March and indicate that it is preparing to reduce its debt soon. Goldman Sachs economists think the Fed could tighten monetary policy more than Wall Street wants this year. In the past, gold prices have fallen from their highest level in two months as earnings per share have weakened the value of non-performing assets. However, domestic investors will be exposed to the effects of gold. SPDR Gold, the world's largest gold ETF, has taken in a net inflow of $1.63 billion in USD since its inception in 2004. (Gold Ten)