Economics And Finance
BlackRock (Assets Under Management $7.4 Trillion) CEO: Bitcoin Has Caught Our Attention
Larry Fink believes Bitcoin may evolve into a global market. BlackRock (Assets Under Management $7.4 Trillion) CEO: Bitcoin Has Caught Our Attention Blackrock CEO Larry Fink says Bitcoin (BTC) is on his company’s radar following the cryptocurrency’s rapid appreciation over the past few months. [embed]https://www.youtube.com/watch?v=HrMFXKTYxck&list=PLU1KxUVqGmaPHHgR2YqTskZjiMH8obWfF[/embed] Speaking Tuesday at the…
BlackRock CEO Larry Fink ($10Trillion AUM) Has Unchecked Influence In Financial Markets And Needs To Be Reined In
“When passive index providers become activists, you’re heading in the wrong direction.” Joker. BlackRock CEO Larry Fink ($10Trillion AUM) Has Unchecked Influence In Financial Markets And Needs To Be Reined In Asset managers, including BlackRock, Vanguard and Fidelity, mostly invest their customers’ money in broad baskets of stocks that…
Canada’s Major Banks Go Offline In Mysterious (Bank Run?) Hours-Long Outage (#GotBitcoin)
Major Canadian banks went offline for hours blocking access to online and mobile banking as well as e-transfers for customers. Canada’s Major Banks Go Offline In Mysterious (Bank Run?) Hours-Long Outage (#GotBitcoin) The banks reportedly hit by the outage include Royal Bank of Canada (RBC), BMO (Bank of Montreal), Scotiabank,…
Traders Prefer Gold, Fiat Safe Havens Over Bitcoin As Russia Goes To War
Gold Fights Off Rising Rates, Bitcoin To Be Haven In Tough Times. Traders Prefer Gold, Fiat Safe Havens Over Bitcoin As Russia Goes To War * Bullion And Real U.S. Interest Rates Have Climbed This Year * Tightening Rate Cycles Are Not Necessarily Bearish For Gold Look no further than…
The Miracle Of Blockchain’s Triple Entry Accounting
Abstract: The digitally signed receipt, an innovation from financial cryptography, presents a challenge to classical double entry bookkeeping. The Miracle Of Blockchain’s Triple Entry Accounting Rather than compete, the two melded together form a stronger system. Expanding the usage of accounting into the wider domain of digital cash gives 3…
Housing Boom Brings A Shortage Of Land To Build New Homes
Builders are looking to expand to meet surging demand, but are constrained by the number of lots ready for construction. Housing Boom Brings A Shortage Of Land To Build New Homes Amid the biggest housing boom in years, home builders are worried they are running out of land. The combination…
Biden Lays Out His Blueprint For Fair Housing
Undoing Trump’s rules on segregation is only the start of what appears to be a slate of equity-focused priorities. Biden Lays Out His Blueprint For Fair Housing President Joe Biden signed an executive order on Jan. 27 directing his administration to end policies that enable discrimination in housing and lending,…
Ultimate Resource For What’s Taking Place In The Commercial Real Estate Sector
Storied real-estate investor is focusing on more mainstream deals, a strategy reflecting the dearth of distressed properties. Ultimate Resource For What's Taking Place In The Commercial Real Estate Sector Big cities like New York have two real estate problems. Housing is scarce and office buildings are empty (or at least…
Cracks In The Housing Market Are Starting To Show
Sticker shock is just one of numerous signs that a slowdown may already be happening. Cracks In The Housing Market Are Starting To Show Single-family housing in the U.S. has been exuberant, but it’s vulnerable and the bubble is starting to leak. [embed]https://www.youtube.com/watch?v=FXubJAC2PqY&list=PLU1KxUVqGmaO5QSxrhdMTm5QXNAyeSLcE[/embed] Related: How To Prepare For The Expected…
Fed Up Says Federal Leaders Robert Kaplan And Eric Rosengren Should Be Fired Over Insider Stock Trades
Public Officials Shouldn’t Be Allowed To Day Trade. Fed Up Says Federal Leaders Robert Kaplan And Eric Rosengren Should Be Fired Over Insider Stock Trades The Fed is reviewing its rules on policy makers’ trading activities. It should outlaw their buying and selling of individual stocks. The U.S. Federal Reserve…
Dollar On Course For Worst Performance In Over A Decade (#GotBitcoin)
Investors bet that the Fed will be forced to keep rates lower for longer, lowering real yields in U.S. Dollar On Course For Worst Month In Almost A Decade (#GotBitcoin) The dollar is on track to close out its worst month since April 2011 as a rise in coronavirus infections…
Bloomberg: Americans Trade Depreciating Dollars For Bitcoin
Low-yielding dollar savings accounts aren’t cutting it for Americans anymore. Bloomberg: Americans Trade Depreciating Dollars For Bitcoin A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC). High Saving Rates, Low Yields Because of the COVID-19 lockdown,…