Category Archive: Cryptocurrency, No picture
US lawmaker urges SEC to repeal controversial crypto custody rule SAB 121
US Representative Wiley Nickel has called on the Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, to repeal the contentious Staff Accounting Bulletin 121 (SAB 121) before the upcoming Senate vote.SAB 121 mandates financial institutions custodying crypto to hold these assets on their balance sheets, a requirement that has drawn criticism from various […]
Stocks Rally On Post CPI Volatility Crush
Image Source: Pexels The CPI had no major surprises, leading to a post-CPI volatility crush.Video Length: 00:10:01More By This Author:The Hot PPI Report Is Creates Volatility Ahead Of CPI Report The Stocks Market’s Advance Stopped Ahead Of Massive Week Of Data Expect Market Volatility To Expand Meaningfully The Week Of May 13, 2024
The Grain That Feeds The World Is At Risk Of An Upside Breakout
Image Source: Unsplash Rice is a staple food for over 3.5 billion people worldwide, especially in Asia, Latin America, and Africa. It’s grown in over 100 countries, with 90% of the world’s rice produced in Asia. We have been tracking the prices of Thai white rice, which surged to 15-year highs in 2023 and has since consolidated at […]
Not Buying In Stores, But In Markets
Image Source: Pexels When good news is good news AND bad news is good news, that’s the sign that momentum rules. This morning we got a bit of both simultaneously and markets love it.On the good news front, CPI was indeed modestly market-friendly. The headline reading on a month-over-month basis rose 0.3%, better than the 0.4% […]
Soaring Inflation Is Making Home And Car Insurance Unaffordable
Image Source: Unsplash American car owners are facing a wall of bad debt to finance vehicles they can’t afford — especially pandemic buyers who took on huge loans to buy overpriced used vehicles that are now depreciating in value. With inflation running hot and poised to get even hotter if the Fed is forced to cut rates, it turns out that Americans can’t afford […]
Structural Change And Valuation: Implications For Future Stock Returns
Image Source: Pexels With stock prices at near-record highs relative to measures like earnings or cash flow, many leading analysts have predicted meager returns over the next decade. Some have even suggested the return on the S&P 500 could be negative over the upcoming decade. Others have raised the possibility of a short-term collapse of 20% […]
China Holds MLF Rate At 2.50%, Eyes Economic Stability
Image Source: Unsplash China’s central bank, the People’s Bank of China (PBOC), has decided to maintain its key policy rate. The medium-term lending facility (MLF) rate is at 2.50% as it rolls over maturing MLF loans worth 125 billion yuan ($17.28 billion). This decision aligns with market expectations and reflects the central bank’s strategy to stabilise the currency […]
Zero-knowledge identity project Humanity Protocol hits $1B valuation after latest funding round
Humanity Protocol, a zero-knowledge decentralized identity project, has achieved a valuation of $1 billion in a round led by Kingsway Capital, with significant contributions from Animoca Brands, Blockchain.com, and other key players, according to a press release shared by the team on Wednesday.The firm said it had secured $30 million in a seed round and […]
Identifying Economic Moats Using A Quantitative Lens: The S&P 500 Economic Moat Index
Image Source: Pexels Popularized by Warren Buffett, the term economic moat refers to a company’s sustainable competitive advantage that allows it to preserve market share and generate high profits over the long term. In this analogy, companies are compared to medieval castles surrounded by deep and wide moats, which protected the castles from attack.In the same […]
All-Time Highs Are Here Again – Meme Shorts Get Punched
Image Source: Unsplash It seems like a lot has happened this week and it’s only Wednesday morning. On Tuesday and Wednesday, we got inflation reports from the producers as well as the consumers. One was warmer than expected while the other was a touch cooler. Still, although April looked a tiny bit better, year-over-year inflation remained […]
