It was a good year for hedge funds betting on rising and falling stocks in Greater China. Just not good enough to beat a spectacular market rally.
You can hold an iPhone and understand why it's sold, but you can't hold a bitcoin and perceive any real value. It has value because we've assigned it.
The bond giant sees good times continuing in 2018 as global economies grow in sync, but investors can still brace for a potential downturn ahead.