Economics And Finance
Global Bank Run Starts With Deutsche Bank As Clients Pull $1 Billion A Day (#GotBitcoin?)
There is a reason James Simons’ RenTec is the world’s best performing hedge fund – it spots trends (even if they are glaringly obvious) well ahead of almost everyone else, and certainly long before the consensus. Global Bank Run Starts With Deutsche Bank As Clients Pull $1 Billion A Day…
Wave of Hispanic Buyers Boosts U.S. Housing Market (#GotBitcoin?)
Homeownership rate for Hispanics has increased more in recent years than any ethnic group. Wave of Hispanic Buyers Boosts U.S. Housing Market (#GotBitcoin?) Hispanics are experiencing the largest homeownership gains of any ethnic group in the U.S., a turnaround for the population hardest hit by the housing bust that could…
Unemployment Rate Calculation Has Issues (#GotBitcoin?)
The Federal Reserve is paying attention. “We don’t have any basis or any evidence for calling this a hot labor market,” Fed Chairman Jerome Powellsaid Wednesday on Capitol Hill. He pointed to slow wage growth and said, “to call something hot, you need to see some heat.” Unemployment Rate Calculation…
US Sanctions On Iran Crypto Mining Inevitable or Impossible? (#GotBitcoin?)
If there's one thing the United States has had a history of, it's imposing sanctions on its enemies. US Sanctions On Iran Crypto Mining Inevitable or Impossible? (#GotBitcoin?) Venezuela, Cuba, North Korea, Russia and numerous other nations have been subject to restrictions and penalties over the years, with the U.S.…
Trump Promises Not Kept As Manufacturing Fails To Return To US (#GotBitcoin?)
The A.T. Kearney analysis suggests manufacturing moved from China to other Asian countries as tariffs rose last year. Trump Promises Not Kept As Manufacturing Fails To Return To US (#GotBitcoin?) For those companies that are looking at bringing manufacturing back to the U.S., Mr. Sutherland said those efforts tend to…
US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?)
United States Congressman Tom Emmer has reintroduced his Safe Harbor for Taxpayers with Forked Assets bill, according to a press release published July 9. US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?) The reintroduced version of the bill appears to have been published on July 3, based…
Fed Makes It Easier For Banks To Pass Stress Tests (#GotBitcoin?)
The Fed recently made it easier for banks to pass the stress tests, easing a “qualitative” component of the exam that evaluates banks on factors such as the quality of its internal data and management controls. Fed Makes It Easier For Banks To Pass Stress Tests (#GotBitcoin?) The Fed is…
EU Central Bank Won’t Add Bitcoin To Reserve Saying It’s Not A Currency (#GotBitcoin?)
The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session. EU Central Bank Won’t Add Bitcoin To Reserve Saying It’s Not A Currency (#GotBitcoin?) Responding to a private query as part of its regular…
Trump Economy Dependent On Stimulus-Spending (#GotBitcoin?)
Economists expected greater boost after 2018 budget deal; muted growth only partly explained by lagging federal outlays. Trump Economy Dependent On Stimulus-Spending (#GotBitcoin?) The economy was supposed to get a lift this year from higher government spending enacted in 2018, but so far much of that stimulus hasn’t shown up,…
This Startup Wants To Sell You A Slice of A Rental Home (#GotBitcoin?)
As more investors turn landlord, Roofstock aims to make housing bets similar to buying stocks and bonds. This Startup Wants To Sell You A Slice of A Rental Home (#GotBitcoin?) Vacationers have long enjoyed shared ownership of homes. Now, a California startup is hoping investors will buy portions of houses…
Condo Conversions Near The End, A Casualty Of Rent Reform (#GotBitcoin?)
A longtime practice that promoted homeownership, transformed neighborhoods and enriched thousands of middle-class renters is effectively over. Condo Conversions Near The End, A Casualty Of Rent Reform (#GotBitcoin?) [caption id="attachment_11939" align="aligncenter" width="600"] 1 Union Square South Condominium, Left, And 34 Desbrosses Street, Two Of Six Buildings That Submitted For Condo…
Be Careful For What You Wish For As Trump Finally Gets A Weaker Dollar (#GotBitcoin?)
The U.S. currency has slipped from recent highs, and analysts say it may be in for a steady decline. Be Careful For What You Wish For As Trump Finally Gets A Weaker Dollar (#GotBitcoin?) President Trump has repeatedly bashed the dollar’s strength in recent years, only for the currency to…