Should we Change our Firm Name to Be Astoria Blockchain Advisors? o I grew up in this industry as an intern in 1999. I vividly remember companies adding .com to their name to entice investors into thinking they were associated with the ‘New Economy’. Per the attached white paper, this ‘dotcom’ effect produced cumulative abnormal returns on the order of 74 percent for the 10 days surrounding the announcement day http://home.business.utah.edu/finmc/FinalJFversion2371-2388.pdf.
o 2017 was a highly unusual year. Nearly every major sector, country, region, and asset class had positive performance. This rarely happens! Why did this occur? There are 3 main reasons: 1. Earnings were strong globally 2. There was a tremendous amount of liquidity supplied by central banks globally ($2.2 trillion) 3. Inflation was relatively muted o The global economic expansion is expected to continue in 2018 by a wide range of economists and research firms. In 2017, US Gro