Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

IMF Places China’s Yuan in Reserve Basket

The International Monetary Fund (IMF) announced earlier this month that it would be placing China’s currency, the yuan, in its Special Drawing Rights (SBR) basket of reserve currencies, alongside other globally recognized currencies like the dollar, euro, pound and yen. The world’s most populated country has been pushing the IMF to place its currency in…

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University of California Launches Capital Investment Fund

The University of California has opened a $250 million fund designed specifically for capital investments. The University made this announcement on December 16, saying the new fund would provide much-needed capital to early-stage companies. The University of California’s Board of Regents approved the fund, giving it the green light to operate. Once active, entrepreneurs and…

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Investing Trends to Watch in 2016

With just a few weeks left in 2015, many investors are looking towards the future. But with each new years comes new trends. So, what kind of investing trends can you expect to see more of in 2016? Renewable Energy Coming off the heels of a 200-nation pledge to limit atmosphere-warming carbon emissions, there’s a…

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US Employment Numbers Signal Towards Interest Rate Hike

There’s new evidence indicating that the U.S. Federal Reserve will increase interest rates by the end of the year. According to data released by the Department of Labor (DOL), more than 211,000 new jobs were created last month. This is roughly 35,000 more than the previously projected amount. With higher employment numbers comes speculation that…

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