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It’s All About Nvidia Today – Be Careful

It’s All About Nvidia Today – Be Careful

Nvidia (NVDA) reports earnings late this afternoon. I will be happy to get this done since all anyone is focused on is this report. I mean, it’s important, but it is certainly not the end all, be all.  depositphotos While we have plenty of positions in the NASDAQ 100, which will be directly impacted, we also own […]
Why Housing Is Important

Why Housing Is Important

Noah Smith has a post that advocates policy reforms to encourage more construction of housing.  At one point he makes the following observation: Housing policy is incredibly tough in America — and in most other rich countries — because housing has to serve two functions at once. It’s both a consumption good and an investment asset. A house is […]
CEO of Haru Invest stabbed during his trial in a Korean courtroom

CEO of Haru Invest stabbed during his trial in a Korean courtroom

Key Takeaways Haru Invest CEO Hugo Lee was stabbed during a fraud trial in Seoul by an investor who lost money. Haru Invest is accused of stealing $826 million from investors in an alleged Ponzi scheme. Share this article The CEO of the alleged Korean Ponzi scheme Haru Invest was attacked during a court trial […]
Corrective Forces Weigh On G10 Currencies, With The Euro Threatening Its Largest Loss In Two Months

Corrective Forces Weigh On G10 Currencies, With The Euro Threatening Its Largest Loss In Two Months

Overview: Corrective forces are helping lift the dollar against all the G10 currencies. The euro’s 0.5% pullback is the largest in nearly two months. Sterling’s 0.3% loss is the most in nearly three weeks. The dollar-bloc currencies are the most resilient and are off less than 0.2% today. depositphotos Emerging market currencies are more mixed. Central European currencies […]
Momentum And Large-Cap Growth Still Lead Equity Factor Returns

Momentum And Large-Cap Growth Still Lead Equity Factor Returns

Betting against the hottest equity risk factors this year has been a painful strategy, if only in relative terms. But no matter how you slice the numbers, momentum and large-cap growth continue to outperform in 2024, based on a set of ETFs through yesterday’s close (Aug. 27). depositphotos The iShares MSCI USA Momentum Factor ETF (MTUM) is […]
Yield Curve Shifts Offer Signals For Stockholders 
                    
 
 

Yield Curve Shifts Offer Signals For Stockholders    

The level of U.S. Treasury yields and the changing shape of the Treasury yield curve provide investors with critical feedback regarding the market’s expectations for economic growth, inflation, and monetary policy. Short- and long-term yields have recently fallen, with short-term maturities leading the charge.  depositphotos The changes result in what bond traders call a bull steepening yield […]
Binance CEO dismisses ‘FUD’ over alleged freeze of Palestinian crypto wallets

Binance CEO dismisses ‘FUD’ over alleged freeze of Palestinian crypto wallets

Key Takeaways Allegations suggest Binance froze Palestinian assets under an Israeli government order. The crypto community’s reaction highlights concerns over centralized exchange vulnerabilities. Share this article Recently, allegations have emerged that Binance has frozen the assets of Palestinian users following a request from the Israel Defense Forces (IDF).These claims are based on a document purportedly […]
India’s central bank proposes ‘plug-and-play’ CBDC framework for cross-border transactions

India’s central bank proposes ‘plug-and-play’ CBDC framework for cross-border transactions

Key Takeaways RBI’s new CBDC system aims to enhance global payment efficiency. Interoperability is a core feature of RBI’s proposed CBDC framework. Share this article The Reserve Bank of India (RBI) has proposed developing a plug-and-play system for cross-border payments to enhance interoperability between countries.RBI Governor Shaktikanta Das highlighted the potential for greater efficiency in […]
Eurozone Lending Remains Sluggish Ahead Of September ECB Meeting

Eurozone Lending Remains Sluggish Ahead Of September ECB Meeting

Lending data for July indicates that high interest rates are still resulting in weak borrowing from both businesses and households. depositphotos Eurozone bank lending remained muted in July as a small uptick in lending growth to households was offset by a small downtick in lending to non-financial corporates. Overall, both still show lending growth that is well […]
3 Tech Giants Facing Major Challenges

3 Tech Giants Facing Major Challenges

Tech stocks have been at the forefront of many life-changing opportunities, delivering phenomenal returns for myself and others. This outperformance has raised many companies like Amazon, Microsoft, and Google to superstar status with their technological advancements and industry-changing devices and technology. depositphotos However, today’s tech giants are not guaranteed to become the leaders of tomorrow. Over time, […]