Shareholders, Banks, Partners of The Weinstein Company Loyalty Questioned

Shareholders, Banks, Partners of The Weinstein Company Loyalty Questioned

Shareholders, Banks, Partners of The Weinstein Company Loyalty Questioned Things look painful and grim for the Brothers Weinstein. Friday, it was reported that The Weinstein Co aka TWC, the film production company part-owned by Harvey Weinstein, is exploring a sale or shutdown and is unlikely to continue as an independent entity, but the company’s co-Chairman […]

Things Change When Bond Yields Begin to Rise

Things Change When Bond Yields Begin to Rise

Things Change When Bond Yields Begin to Rise $DIA, $GLD, $SLV Last week the DJIA closed at new all-time highs, with Friday’s close being just a whisker from making it 5 days in a row. Looking at the daily closes for the Dow Jones (Blue Plot below) with its 52Wk High Line (Green Plot), since […]

Bitcoin is an Experiment About “The Payday” Not its Potential as Money

Bitcoin is an Experiment About “The Payday” Not its Potential as Money

Bitcoin is an Experiment About “The Payday” Not its Potential as Money $BTCUSD, $IBM Cryptocurrencies are not a store-of-value or a safe-haven for anyone’s money or assets.  In the beginning, Bitcoin was something of a revolution to me. The digital currency represented everything from my rebellious youth. It was a decentralized, denationalized, and digital currency […]

This Week’s FOMC Meet May Trigger Stock Rotation

This Week’s FOMC Meet May Trigger Stock Rotation

This Week’s FOMC Meet May Trigger Stock Rotation $SPY US stock investors could rotate out of high-yielding sectors and into stocks of banks, which would benefit from the next leg up in interest rates, after the FOMC’s policy-setting meeting wraps up Wednesday. If the FOMC gives a nod to rising inflation or focuses its trimmed-down […]

Bitcoin Dives, China Declares Initial Coin Offerings Illegal

Bitcoin Dives, China Declares Initial Coin Offerings Illegal

Bitcoin Dives, China Declares Initial Coin Offerings Illegal $BTCUSD Bitcoin dives after the PBOC, China’s central bank, said ICO (initial coin offerings) are illegal and asked that all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales. Monday,the PBOC on its website […]

Gold Has Broken Through the Psych Resistance at 1300 oz, Next?

Gold Has Broken Through the Psych Resistance at 1300 oz, Next?

Gold Has Broken Through the Psych Resistance at $1300 oz, Next? $GLD Gold has broken the 1,300 0z  the Psych resistance mark that has held since October 2016. Today the metal trades at 1,324. This rise is being attributed in part to a weakened USD after the head of the ECB refrained from talking down […]

Malaysian Ringgit Trading In Singapore Outlook

Malaysian Ringgit Trading In Singapore Outlook

Bank Negara Malaysia (BNM) has clarified that Malaysian market participants are not allowed to engage in any offshore trading of the ringgit outside Malaysia. Governor Datuk Muhammad Ibrahim said the statement issued by the central bank objecting the introduction of the ringgit futures on the Singapore Stock Exchange was meant for Malaysians. “We want to […]

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive”

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive”

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive” $DIA, $SPY, $QQQ, $VXX JPMorgan Chase & Co’s (NYSEJPM) Chairman, Jamie Dimon, said Tuesday that the unwinding of Fed’s bond-buying programs is an unprecedented challenge that may be more disruptive than people think. “We’ve never have had QE like this before, we’ve never had unwinding […]

Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs $DIA, $SPY, $DAX, $DJSH, $N300, $NSEI Year to Date (YTD) investors in global stock markets are seeing record highs. Record marks for the widely-followed country indexes occurred in the context of notably low volatility, adding to investor comfort and a sense of accomplishment. All of this was accompanied […]

Central Banks Turn “Hawkish”, JPY Carry Trade Emerges

Central Banks Turn “Hawkish”, JPY Carry Trade Emerges

Central Banks Turn “Hawkish”, JPY Carry Trade Emerges $GBP, $USD, $EUR, $JPY, $CAD Cable, Loonie and EUR all rose last week on Hawkish comments from central bankers. The BOE Governor Mark Carney said it is not the time of rate hike yet. Then indicated the BOE MPC will start debating raising interest rate in the […]

Shares of Big US Banks Rally on Strong Payout Plans

Shares of Big US Banks Rally on Strong Payout Plans

Shares of Big US Banks Rally on Strong Payout Plans, Tech Falling $DIA, $SPY, $QQQ, $VXX, $JPM, $KEY Thursday, shares in the biggest US banks rose after they revealed buyback and dividend plans that topped analyst expectations after the Fed approved capital proposals in its annual stress test program. The S&P 500 Bank sector index […]

Marijuana Entrepreneurs See Bitcoin as Banking Answer

Marijuana Entrepreneurs See Bitcoin as Banking Answer

Marijuana Entrepreneurs See Bitcoin as Banking Answer Legal marijuana companies are turning to Bitcoin, the world’s most popular digital currency, in an effort to get rid of all its cash, as banks stay on the sidelines. The inability to access traditional financial institutions is 1 of the marijuana industry’s biggest impediments. Legal cannabis was a […]

UAE “Blacklist” Squeezing Liquidity of Qatari Banks

UAE “Blacklist” Squeezing Liquidity of Qatari Banks

UAE “Blacklist” Squeezing Liquidity of Qatari Banks Qatari banks have around QAR60-B in funding in the form of customer and inter-bank deposits from other GCC states A move by four Arab states to “Blacklist” dozens of figures with alleged links to Qatar could squeeze liquidity at Qatari banks which get a significant amount of their […]

FATCA Must Be ‘Killed” by This GOP Congress

FATCA Must Be ‘Killed” by This GOP Congress

FATCA Must Be ‘Killed” by This GOP Congress The Foreign Account Tax Compliance Act (FATCA) imposed a worldwide financial disclosure information regime on every financial institution in the world, it is an international nightmare. There are several major problems with FATCA which are widely discussed and debated. FATCA was passed into law in Y 2010 […]

US Stock Market Marks Record Highs

US Stock Market Marks Record Highs

US Stock Market Marks Record Highs $DIA, $SPY, $QQQ, $VXX The Big Q: Is the the US stock market rising because too much money is chasing too few opportunities? The Trump Trade, or investing in stocks in hopes that the President’s policies will boost economic growth, is not the main driver of this market, says […]

Central Banks are Monetizing Stocks and Bonds

Central Banks are Monetizing Stocks and Bonds

Central Banks are Monetizing Stocks and Bonds $DIA, $SPY, $QQQ, $GLD, $SLV Following this market is an exercise in frustration.  Last week, DJIA (DOW) appeared ready to roll over.  I expected the Dow  to be closer to its -5% line than its -2.5% line at the close of this week. But, as you can see […]

Gold Is Crisis Insurance

Gold Is Crisis Insurance

Gold Is Crisis Insurance $GLD Gold is known as an inflation hedge, but its role as a crisis hedge is even more important. Gold is anti-fragile, to use the term coined by risk analyst and bestselling author Nassim Taleb. When currencies collapse and economies falter, Gold can ensure your survival, financially and literally. Below are […]

President Trump Dumps Dodd-Frank with Executive Order

President Trump Dumps Dodd-Frank with Executive Order

President Trump Dumps Dodd-Frank with Executive Order Friday afternoon, US President Donald Trump signed an executive order and 2 memoranda on Friday relating to the Y 2010 Dodd-Frank law, which he described as “damaging … regulations that failed to hold Wall Street firms accountable,” the Washington Examiner reported. The Dodd-Frank law, signed under former President […]

Bullish Investors Positive About President Trump’s Policies

Bullish Investors Positive About President Trump’s Policies

Bullish Investors Positive About President Trump’s Policies $SPY Stock-market investors worldwide, especially the Bullish ones who have been proven right since 9 November have been richly rewarded, look to be in a gradual transition in their operating outlook. Their environment is moving away from comfortable reliance on central banks that are able and willing to […]

President Trump to Community Bankers, “I will scale back regulations.”

President Trump to Community Bankers, “I will scale back regulations.”

President Trump to Community Bankers, “I will scale back regulations.” President Donald Trump promised in a meeting with community bankers on Thursday to strip away some Dodd-Frank financial regulations and ensure they can continue giving small businesses access to capital. President Trump, joined by National Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin, […]

Investors Seek Safe Haven from Currency “Pain” in Gold

Investors Seek Safe Haven from Currency “Pain” in Gold

Investors Seek Safe Haven from Currency “Pain” in Gold $GLD, $EUR, $JPY, $GBP The other side of declines in the EUR, JPY and GBP in recent months has been a massive increase in gold buying as investors in Asia and Europe try to protect their wealth. The hunger for bullion is so strong that purchases […]

Fed’s Regulation “Stickler” Resigns, Bank Stocks Lead Trump Rally Extension

Fed’s Regulation “Stickler” Resigns, Bank Stocks Lead Trump Rally Extension

Fed’s Regulation “Stickler” Resigns, Bank Stocks Lead Trump Rally Extension $DIA, $SPY, $QQQ, $VXX Fed board member Daniel Tarullo, a Key official guiding bank regulation efforts, resigned effective in April The Financial Select Sector SPDR ETF (exchanged-traded fund) that owns a basket of bank and insurance stocks, added to gains and was up 0.4% after […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update The Illinois Treasurer asks President Donald Trump for clarity on banking for the medical cannabis industry, North Dakota legislators work to ensure workers’ compensation will not pay for medical marijuana for injured employees, and more. Arkansas On Monday, Athe legislature approved changes to the state’s new medical marijuana law. With the state […]

America’s Big Banks Enter the Marijuana Industry

America’s Big Banks Enter the Marijuana Industry

America’s Big Banks Enter the Marijuana Industry $JPM, $BAC, $C, $WFC , $MCD, $SBUX, $AAPL, $WFM A Key issues facing the marijuana industry in the US states with legalized marijuana is their inability to find a bank willing to handle the money. That is because marijuana remains illegal under federal law, and many banks have […]

Positive Big Bankers See Regulations Abating Under President Donald Trump

Positive Big Bankers See Regulations Abating Under President Donald Trump

Positive Big Bankers See Regulations Abating Under President Donald Trump $DIA, $SPY, $QQQ, $VXX Ignore the left wing mockery that is coming. Wall Street’s big bankers attending the WEF in Davos said Thursday, that they are confident Donald Trump’s incoming administration will loosen regulatory constraints on financiers, even if it leaves Barack Hussein Obama’s signature […]

The Trump Rally Extends, DJIA in Record Territory “Again”

The Trump Rally Extends, DJIA in Record Territory “Again”

The Trump Rally Extends, DJIA in Record Territory “Again” $DIA, $SPY, $QQQ, $VXX Donald Trump’s promises to ramp up infrastructure spending and ease banking regulations are driving the DJIA North of the broader market. The DJIA drove to a fresh record Tuesday as the S&P 500 Index hangs 1.74 points below its all-time high and […]

Trump Rally Extends, Financials and Techs Lead

Trump Rally Extends, Financials and Techs Lead

Trump Rally Extends, Financials and Techs Lead $DIA, $SPY, $QQQ, $VXX US stocks rose Monday as investors bought banks and  technology company stocks, which have been mostly left out of a post-election rally. The DJIA marked another record high. Energy companies rose as the price of Crude Oil reached its highest marks since July 2015. […]

Donald Trump Will Trash Obama’s No-Growth Orders

Donald Trump Will Trash Obama’s No-Growth Orders

Donald Trump Will “Trash” Obama’s No-Growth Orders $DIA, $SPY, $QQQ, $VXX The Trump Rally extends, US stocks finished higher Tuesday, with the DJIA hitting a record high close for the 4th session running as tech stocks rebounded from a post-election hammering and energy stocks were boosted by a sharp rise in Crude Oil prices. Tuesday, […]

Trump Victory Augurs US Banks Enhanced Profitably

Trump Victory Augurs US Banks Enhanced Profitably

Trump Victory Augurs US Banks Enhanced Profitably $XLF US President Elect Donald Trump has greatly enhanced the outlook for US bank profitability, as he is laying the foundation for a steeper yield curve and financial deregulation. Recognizing this, investors are acting with record 1-day inflows of more than $2.1-B into the Financial Select Sector exchange […]

US Long Dated Treasuries Up Signaling Rising Inflation

US Long Dated Treasuries Up Signaling Rising Inflation

US Long Dated Treasuries Up Signaling Rising Inflation $SPY Donald Trump’s victory in the US Presidential race is driving mutual fund managers out of dividend stocks and into the shares of financial, industrial and materials companies that benefit from rising inflation. Although inflation remains subdued by most measures, US longer-dated Treasury yields rose Thursday to […]

Major US Investment Banks Prepared for Election Volatility

Major US Investment Banks Prepared for Election Volatility

Major US Investment Banks Prepared for Election Volatility $DIA, $SPY, $QQQ, $VXX The major US investment banks, including Morgan Stanley (NYSE:MS), JPMorgan Chase & Co.(NYSE:JPM) and Goldman Sachs Group Inc.(NYSE:GS), are bracing for potential confusion and disorder on financial markets in the wake of Tuesday’s US Presidential election. Bank preparations ahead of the US election […]

Asian Regional Cooperation Fuels Growth Momentum

Asian Regional Cooperation Fuels Growth Momentum

Asian Regional Cooperation Fuels Growth Momentum Financial cooperation will bring new growth momentum to Asian countries, given that although there have been visible outcomes in this field, the scale is somewhat limited. “The low-hanging fruit has already been picked in Asian regional cooperation after years of development,” said China’s Vice Finance Minister Shi Yaobin at […]

QE to Infinity: Central Banking’s Manifest Destiny

QE to Infinity: Central Banking’s Manifest Destiny

QE to Infinity: Central Banking’s Manifest Destiny $GLD, $SLV, $GDX I’m not surprised; the week following my article illustrating why I believed the gold and silver miners are “historic buys at today’s prices”; gold, silver and their miners get whacked to their lows of the current, so far 8th week correction. But last week I also […]

Donald Trump’s Fiscal Conservative Economic Plan Will Grow US GDP

Donald Trump’s Fiscal Conservative Economic Plan Will Grow US GDP

Donald Trump’s Fiscal Conservative Economic Plan Will Grow US GDP “Hillary Clinton’s economic plan will inhibit GDP growth.” Donald Trump’s economic plan will “significantly increase America’s real GDP growth rate” – resulting in trillions of dollars of additional revenues, according to a new study authored by iconic investor Wilbur Ross and Peter Navarro, a top […]

The “Headaches” of the Legal Marijuana Industry

The “Headaches” of the Legal Marijuana Industry

The “Headaches” of the Legal Marijuana Industry The legal-marijuana industry faces many challenges to doing business. Most companies in the space are frozen out of bank, cannot use credit cards for transactions, and cannot get loans, huge headaches for the industry. And marijuana is like any other commodity: when there’s a supply glut, the price […]

China’s Central Bank Injects Liquidity Into Market

China’s Central Bank Injects Liquidity Into Market

China’s Central Bank Injects Liquidity Into Market China’s central bank Monday pumped money into the inter-bank market to provide more liquidity. The People’s Bank of China (PBOC) put RMB 50-B (around US$7.6-B) into 7-day reverse repos, a process by which central banks purchase securities from banks with an agreement to sell them back in the […]

US Stocks Extend Momentum Rally to Fresh All Time Highs

US Stocks Extend Momentum Rally to Fresh All Time Highs

US Stocks Extend Momentum Rally to Fresh All Time Highs $DIA, $SPY, $QQQ, $VXX US stocks extended to fresh all-time highs, with the S&P 500 Index marking its longest winning streak in 4 months, as speculation grew for looser global monetary (stimulus) policies while a better-than-forecast profit from JPMorgan Chase & Co. (NYSE:JPM) boosted optimism […]

Marijuana Is Creating ‘Headaches’ for People in Legal US Businesses

Marijuana Is Creating ‘Headaches’ for People in Legal US Businesses

Marijuana Is Creating ‘Headaches’ for People in Legal US Businesses The legalization of marijuana in the US is creating headaches not just for new marijuana businesses. Such businesses have trouble paying taxes and getting bank accounts, and there are also problems for people who work in the growing industry, as well as for those who […]

Oman’s State Oil (PDO) Raises $4-B or Projects

Oman’s State Oil (PDO) Raises $4-B or Projects

Oman’s State Oil (PDO) Raises $4-B or Projects $JPM, $HHBC, $ING The amount raised will be used to finance construction of new facilities Petroleum Development Oman (PDO), the country’s top Oil & Gas exploration and production company, has obtained a $4-B loan from international banks, as low Crude Oil prices strain state finances. The 5-year […]

Global Stock Markets “Bouncing” Off Of Hefty Losses

Global Stock Markets “Bouncing” Off Of Hefty Losses

Global Stock Markets “Bouncing” Off Of Hefty Losses $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV Wednesday, Global stock markets continued to recover after last week’s losses and the USD was down 0.5% Vs a basket of peer currencies. Gold rose Wednesday on the USD’s retreat and investor appetite for safe assets remained strong because of longer-term […]

China’s Banks Sponsor Growth of ‘Green’ Economy

China’s Banks Sponsor Growth of ‘Green’ Economy

China’s Banks Sponsor Growth of ‘Green’ Economy Chinese banks offered strong credit support for the growth of the Green economy in Y 2015. The total balance of Green loans issued by China’s 21 major financial institutions rose 16.42% last year to RMB 7.01-T, according to a report released Friday by the China Banking Association. It […]

Brexit to Have Little Impact on Saudi and UAE Financial Institutions

Brexit to Have Little Impact on Saudi and UAE Financial Institutions

Brexit to Have Little Impact on Saudi and UAE Financial Institutions Saudi said it had already made some adjustments to assets denominated in Pound Sterling and Euros Saturday, 2  Gulf states said they did not anticipate their financial institutions to be greatly affected as a result of Britain’s vote to leave the EU. Saudi Arabia, […]

Former US President Bill Clinton Crashed the Housing Market

Former US President Bill Clinton Crashed the Housing Market

Former US President Bill Clinton Crashed the Housing Market The way to trading and business riches is simple “Buy low, Sell high.” Donald Trump has been very good at buying low and selling high, and it helps account for his success in business. Last week the Democratic front-runner, Hillary Clinton painted that a crime. While […]

Summer Investment Strategy, Play Defense

Summer Investment Strategy, Play Defense

Summer Investment Strategy, Play Defense $DIA, $SPY, $QQQ, $VXX As we enter this Summer trading season the big Wall Street traders head to The Hampton’s to vacation their trading positions laid out and staked. This year we are dealing with sluggish trading season, and an all but stalled global economy too. Notably, Eurozone business growth […]

Gulf Borrowers Turn to Private Bonds, Sales Surge

Gulf Borrowers Turn to Private Bonds, Sales Surge

Gulf Borrowers Turn to Private Bonds, Sales Surge Gulf bond sales have increased by 33% so far this year Gulf borrowers are increasingly turning to privately-placed sovereign bonds for funding following a 32% rise in YTD sales, according to reports. Private transactions are seen as a means of avoiding public documentation and the marketing process […]

The Economic Benefits of Wall Street

The Economic Benefits of Wall Street

The Economic Benefits of Wall Street $DIA, $SPY, $QQQ, $VXX The Big Q: Have you ever seen movie that lauds the economic benefits of Wall Street? Note: Wall Street is the financial capital of the world in the world’s #1 economy. And yet people in Hollywood, and politics, for example socialist Vermont Senator Bernie Sanders, […]

Privacy & Security Concern “Chilling” Internet Users

Privacy & Security Concern “Chilling” Internet Users

Privacy & Security Concern “Chilling” Internet Users Nearly 1 in 2 Internet users say privacy and security concerns have stopped them from doing some basic things online such as posting to social networks, expressing opinions in forums or even buying things from websites, according to a new government survey released last Friday. This chilling effect, […]

US RMB Yuan Trading, Clearing Advocates Rally the Need

US RMB Yuan Trading, Clearing Advocates Rally the Need

US RMB Yuan Trading, Clearing Advocates Rally the Need The US market’s USD-centric approach is changing with the RMB Yuan becoming more internationalized. The heads of a US working group formed to push use of the Chinese currency in the United States claim that expanding RMB trading and clearing there will help both the Chinese […]

UAE Business Loan Demand Grows, Lenders Reluctant

UAE Business Loan Demand Grows, Lenders Reluctant

UAE Business Loan Demand Grows, Lenders Reluctant Central bank report finds improving demand in Q-1, as conditions tighten UAE businesses are demanding more loans but lenders appear less willing to supply them, according to a report from the country’s central bank. In its Q-1 report, the bank said the appetite for business credit improved from […]

Iran’s Supreme Leader Wants Western Business For The State

Iran’s Supreme Leader Wants Western Business For The State

Iran’s Supreme Leader Wants Western Business For The State Many people believed that companies and corporations would be pouring into Iran, the world largest untapped market at full speed, but that has not happened. Although all major US Security Council sanctions have been lifted, there has not been the amount of businesses entering the Islamic […]