Tags » Currency

Venezuelan Inflation Hits Either 563% Or 844% (Take Your Pick) - 2Y Yield Now 62%

Federal Reserve Chair Janet Yellen is wishin’ and hopin’ that US inflation somehow climbs to 2%.  Core PCE price growth is currently 1.39% YoY.

Now let’s check out Venezuela. 62 more words

Central Banks ARE the Crisis

If there’s one myth -and there are many- that we should invalidate in the cross-over world of politics and economics, it‘s that central banks have saved us from a financial crisis. 1,674 more words


LIBOR To Be Phased Out By 2021 ($350 Trillion In Securities At Risk)

The world’s most important reference index, LIBOR, setting the price for $350 trillion in loans, credit and derivative securities, is being phased out by 2021.  … 282 more words

The Wealthy Chinese Have Yuan Concern: Preserving Their Wealth

(Source: www.forbes.com)

The U.S. is the number one stomping ground for the wealthy Chinese, but surprisingly New York is not the most popular destination. Los Angeles leads, followed by Seattle, San Francisco, and New York coming in fourth. 860 more words

Money Matters

July Fed Meeting: Inflation Concerns and Upcoming Balance Sheet Unwind

The Federal Reserve left interest rates unchanged Wednesday at the conclusion of its July policy meeting as expected.  The focus, however, was on the language in its accompanying statement around two key areas, inflation and its $4.5 trillion balance sheet. 310 more words


A Test for the Market in Initial Coin Offerings

The prospect of regulatory requirements raises the question of whether the offerings provide any advantage over crowdfunding, venture capital or initial public offerings.

Published: July 26, 2017 at 05:30AM… 72 more words


The Bitcoin Hype is Nothing New and Could Go Horribly Wrong

In early 2009, a man named Satoshi Nakamoto released the code to a “peer-to-peer electronic cash system” he called Bitcoin. Less than a decade later, one Bitcoin is now worth over $2,500 and the figure keeps rising – but what happens when that stops? 371 more words