Hot Reads: Bitcoin Starts 2023 With Upward Trend

Bitcoin Flirts With Longest Winning Streak in Nearly a Decade (Bloomberg)
On Tuesday, the price of bitcoin had risen consistently for 13 days in a row. The trend has helped to revive enthusiasm among crypto investors.

Aramco Chief Warns of Possible Oil Supply Shortages (CNBC)
The International Energy Agency predicts global oil demand will surge to record levels in 2023, and a reopening China may represent almost half of that demand.

5 Lessons From an Awful Year in Markets (A Wealth of Common Sense)
Ben Carlson highlights the common wisdom that investors should be focused on after a demoralizing year in financial markets.

A $1 Trillion-Plus Legacy to Investors (The Evidence-Based Investor)
An interview with Bloomberg Senior ETF Analyst Eric Balchunas about his book about Vanguard founder John Bogle.

Round 1: 2023 ‘Forecasts’ (Jackson Hole Economics)
In its first round of forecasts for 2023, the site says it expects that the Fed will not be able to reach its inflation goals without a meaningful increase in the unemployment rate and that the likelihood of the U.S. defaulting on its debt this year is extremely low.

Where Investors Get the Best Equity Research (Institutional Investor)
JPMorgan leads II’s global ranking of the top equity research firms.

Asset Allocation for the Long Run (Disciplined Systematic Global Macro Views)
A research paper published at the start of this year finds that investors should diversify with alternatives and factors, among other recommendations.