Category Archive: Finance, No picture
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Sept 26
Image Source: UnsplashNice rally overnight for US equities and precious metals. Too bad we didn’t get a chance to trade it unless you get up earlier or live in Europe. In any case, I’ve updated the labeling – due to the rally knocking the diagonal(s) out of contention and I also discuss in both markets what […]
Tornado Cash dev’s bid to dismiss charges falls out, NY judge sets trial on December
Key Takeaways Roman Storm faces up to 45 years if convicted on all charges. Tornado Cash allegedly laundered over $1 billion, including funds from North Korea. Share this article A US federal judge has denied Tornado Cash developer Roman Storm’s attempt to dismiss money laundering and sanctions evasion charges, paving the way for a trial […]
This Sector Is Your Best Bet Right Now
Image Source: Pexels“Inflation’s under control, it’s normal. Not a problem.” The Fed told us this through most of 2021 when inflation was in fact ballooning… but this time they really mean it. And to put a point on it, they slashed interest rates by 50 basis points. And yet… nearly all assets other than crude oil are showing higher prices […]
Top Stock Reports For Toyota, AstraZeneca & Chubb
Image Source: PexelsThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Toyota Motor Corp. (TM), AstraZeneca PLC (AZN), and Chubb Ltd. (CB), as well as two micro-cap stocks Air T, Inc. (AIRT) and Preformed Line Products Co. (PLPC). The Zacks […]
Decomposing The Revision To GDO
Image Source: PexelsOne of the interesting aspects of the annual revision is that, contrary to what happens with typical (non-annual) revisions, GDI moved toward GDP, rather than the reverse.Figure 1: GDP post-update (bold blue), GDP pre-update (blue), GDI post-update (bold red), GDI pre-update (red), all in bn.Ch.2017$ SAAR. NBER defined peak-to-trough recession dates shaded gray. Source: BEA, […]
TRON DAO unites with global community at TOKEN2049 Singapore
Key Takeaways TRON DAO emphasized blockchain security at TOKEN2049 as a Title Sponsor. The conference highlighted Asia’s significant role in blockchain innovation. Share this article Geneva, Switzerland – September 26, 2024 – TRON DAO united with the global blockchain community as a Title Sponsor at TOKEN2049 Singapore, the world’s largest Web3 conference, held at the […]
A Little Cost Slippage
Image Source: UnsplashCostco (COST) is one of the most reliable stocks in the world. They may have a P/E in the mid-50s, but the market figures show enough buyers of industrial-sized mayonnaise vats to keep the party going.Even so, on the heels of its earnings report this afternoon, COST is slipping a little. It had a weird […]
Asia Week Ahead: Regional Inflation And Trade Data In Focus Ahead Of China’s Golden Week
↵Image Source: Unsplash Japan: Tankan survey and industrial production We think the Tankan survey will be the highlight of the week in Japan. We expect the service-led recovery to continue thanks to strong wage growth and cooling inflation. Manufacturing should also make some progress as auto production returns to normal, and IT demand is likely to […]
India Gold And Silver Imports Spike In August
Image Source: Unsplash India just had another big month of gold and silver imports following last month’s decision to reduce import taxes on the precious metals.Video Length: 00:16:22More By This Author:Goldman Sachs Comments On Silver After The Fed MeetingLast Time Fed Cut 50 bps Was The Start Of The Great Financial CrisisEven After Post-Fed Selloff, Gold […]
Gensler suggests BNY Mellon’s crypto custody model could expand beyond Bitcoin and Ether ETFs
Key Takeaways Gensler suggests BNY Mellon’s crypto custody model could apply to various digital assets. The crypto custody market is growing rapidly, with banks poised to benefit from secure, regulated services. Share this article In comments to Bloomberg today, SEC Chair Gary Gensler discussed BNY Mellon’s crypto custody structure. He suggested that the model used […]
