Image Source: Pixabay ETF gold holdings globally increased for the sixth straight month in October. Big flows of gold into North American and Asian ETFs offset outflows from European-based funds.Collective ETF gold holdings rose by 43 tons. Gold-backed funds now hold 3,244 tons of metal. Global assets under management (AUM) by gold-backed ETFs rose by 5 percent […]

Company: PharmaEssentia CorporationBloomberg ticker: 6446 TTMarket cap: US$7,259mBackground: PharmaEssentia Corporation develops and distributes drugs to treat hepatitis, chronic myeloid leukemia, essential thrombocythemia, myeloid fibrosis, polycythemia vera, hepatitis, and cancer. The company was founded in 2003 by a group of Taiwanese-American executives and scientists from American biotech and pharmaceutical companies. World Class Benchmarking of PharmaEssentia Corp   Profitable Growth rank […]

All three major indexes hit record highs once again during today’s session, extending yesterday’s surge after the Presidential election. The Nasdaq and S&P 500 both nabbed record closes as well, the former with a triple-digit win, while the Dow finished flat.All eyes were on Washington this afternoon, after the Federal Reserve cut interest rates by a widely […]

Image Source: Pexels The US Fed has cut its policy rate by 25bp. They acknowledge that policy remains restrictive and that further cuts are likely but that the pace of those cuts may slow. They were reluctant to discuss the ‘Trump effect’, but here’s the risk: slightly firmer growth with more inflationary pressures. And that might […]

Fed Statement Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee’s 2 percent objective but remains somewhat elevated. The Committee seeks to […]