Archives by Month:

Archives by Year:

Max Keiser: Bitcoin To Reach 100,000 USD

Max Keiser: Bitcoin To Reach 100,000 USD

Bitcoin will continue its domination of the crypto market, according to Max Keiser. Keiser is a renowned crypto-activist, former Wall Street broker, and the host of RT’s Keiser Report. Keiser said in an interview on RT that despite all the bitcoin bashing from various bankers, the currency will grow from its current level of around […]
USD/JPY Down Due To A Flattening Yield Curve

USD/JPY Down Due To A Flattening Yield Curve

Strength can be seen in the Yen, as strong PMI Manufacturing data in Japan may suggest a strengthening in their large Export sector. Yield curves have flattened on US Treasuries, causing some allocation of funds out of US Treasuries and perhaps into other asset classes, that may be outside of USA and thus, some selling […]
EUR/USD: Turning Tactically Bullish; Upside Targeting 1.2050

EUR/USD: Turning Tactically Bullish; Upside Targeting 1.2050

We have seen how EUR/USD finds any excuse to rise and rise a bit more. The team at BTMU updates the targets for the pair: Here is their view, courtesy of eFXnews: BTMU FX Strategy Research discusses EUR/USD outlook for the coming week, and makes the case for further upside towards 1.2050 and expects 1.1650 to cap any downside […]
The Amazon Effect

The Amazon Effect

One of the ongoing puzzles of the US economy in recent decades is why inflation has stayed so low. Even outgoing Fed Chair Janet Yellen has highlighted this puzzle. The “Amazon effect” may be part of the answer: basically, the Amazon effect is that a higher level of competitive pressure from the rising level of online […]
The US Oil Situation

The US Oil Situation

The price of oil is finally rising… it can go significantly higher. “Davidson” submits: The US Oil Situation reports from the EIA (US Energy Information Administration) routinely result in sharp shifts in energy prices based on the rise/fall of crude or gasoline inventories versus week-ago levels. For many, this appears a simple relationship, easy to […]
Fintech Innovation – Where Is It Headed?

Fintech Innovation – Where Is It Headed?

We have clearly entered into a new world in terms of financial technology that is slowly but surely altering the landscape of banking, payments systems, and even perhaps legal tender currencies. All this technological innovation is filled with buzzwords and companies trying to become “the next big thing” that changes the world in a truly […]
Alibaba Affiliate Bans High-Interest Consumers Loan Products

Alibaba Affiliate Bans High-Interest Consumers Loan Products

Ant Financial, the financial arm of Alibaba, has barred consumer loans with an annual interest rate above 24% on its Alipay platform. This latest step by Alibaba’s Ant Financial is another sign of how stricter regulations are chaining the once-booming Chinese internet lending industry. By Charliepug (Own work) [CC BY-SA 4.0], via Wikimedia Commons Why did Alibaba’s Ant […]
Investors Rush Into Crypto

Investors Rush Into Crypto

While a good deal of Americans opted to avoid talking politics around the Thanksgiving Dinner table this year, one topic filling the void was bitcoin. Whether it was a cousin bragging about buying it more than a year ago, or your uncle adamantly steadfast in his belief that the whole thing is a bubble, there’s a good chance someone […]
US PMIs Tumble To 4-Month Lows, Signal Just 2% GDP Growth

US PMIs Tumble To 4-Month Lows, Signal Just 2% GDP Growth

After reassuringly positive Eurozone PMIs, US Manufacturing and Services disappointed with the composite PMI slumping to 5-month lows in November. Flash U.S. Composite Output Index at 54.6 (55.2 in October). 4-month low. Flash U.S. Services Business Activity Index at 54.7 (55.3 in October). 4-month low. Flash U.S. Manufacturing PMI at 53.8 (54.6 in October). 2-month low. Flash U.S. Manufacturing […]
Is The Market At A Top?

Is The Market At A Top?

Record Highs On Tuesday The stock market played to this year’s theme on Tuesday as the S&P 500 hit 2,600 for the first time, rallying 0.65%. The Dow had its 60th record high of the year which is 4th most records since 1910. The Russell 2000 rose 1.03% and the VIX fell 8.64% to 9.73. Tech led the market as […]