Many US Industries Will Thrive During Trade Tensions

Many US Industries Will Thrive During Trade Tensions

Many US Industries Will Thrive During Trade Tensions $DIA, $SPY, $QQQ, $RUTX,$ VXX Several US industries are set to withstand the trade dust-up or even thrive, according to US financial services firm Cowen and Company. China’s recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in its report. While the […]

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher

Big Banks Pass Fed ‘Stress Test’, Financial Sector Finishes Higher $DIA, $SPY, $QQQ, $RUTX, $VXX Shares in the biggest US banks rose Friday after the Fed completed its annual stress test giving financial institutions the go-ahead for plans to return capital to investors through dividends and buybacks. The S&P 500 bank sector index was last […]

Forex Traders Overwhelm Emerging Markets’ Central Bankers

Forex Traders Overwhelm Emerging Markets’ Central Bankers

Forex Traders Overwhelm Emerging Markets’ Central Bankers $DXY, $OIL, $GLD, $SLV Selloff forces EM central banks to raise interest rates Currencies have struggled to find a floor despite rate moves Central banks in emerging economies are losing the battle with markets as their efforts to shield their currencies struggle for traction, suggesting policy makers have […]

Bitcoin (BTCUSD) Traded Flat on the Day

Bitcoin (BTCUSD) Traded Flat on the Day

Bitcoin (BTCUSD) Traded Flat on the Day $BTCUSD,$SQ, $IBM, $MSFT, $AMZN, $ORCL Monday, Bitcoin continued traded near and around $6,500 in a low-volume session. Total 24-hr trading volume was only at about $3.4-B into Monday afternoon, marking a 4th-straight day that volume hasn’t topped $4-B. Currently, Bitcoin is trading at 6,709.9951,+268.18, or +4.16%, as of 5:59a […]

Fed Rewriting the Hussein Obama-era’s Draconian ‘Volcker Rule’

Fed Rewriting the Hussein Obama-era’s Draconian ‘Volcker Rule’

Fed Rewriting the Hussein Obama-era’s Draconian ‘Volcker Rule’ Wednesday, US regulators unveiled a proposal to ease rules reining in banks’ risky trading, outlining changes that will cut compliance costs but falls short of allowing firms to return to their gambling days seen before the 2007-2009 financial crisis. The Fed’s long-anticipated proposal to alter the so-called […]

President Trump Dismantled Obama’s ‘Draconian’ Dodd-Frank Law

President Trump Dismantled Obama’s ‘Draconian’ Dodd-Frank Law

President Trump Dismantled Obama’s ‘Draconian’ Dodd-Frank Law Another pro-business achievement for President Trump. Thursday, President Donald Trump signed into law a measure that loosens Key restraints for banks imposed after the Y 2008 financial crisis and Great Recession. Savoring the legislative triumph, he called it “the next step in America’s unprecedented economic comeback.” The GOP-crafted […]

Consider this…should we believe “this time is different?”

Consider this…should we believe “this time is different?”

Consider this…should we believe “this time is different?” $DIA, $GLD, $SLV, $USO Here’s a BEV chart for the Dow Jones going back to January 1982.  The BEV plot fell to its -25% line (Dow Jones 777) in August 1982.  This was a historic bottom; after it nothing would ever be the same again for the […]

Bitcoin Vs. The Banks

Bitcoin Vs. The Banks

What Is a Fiat Currency System? Banks have always controlled the flow of money within the economy. The central bank is the controller of fiat coins, and these coins were the only currency that facilitated the financial transactions in all economies of the world. But the introduction of cryptocurrency saw the emergence of decentralized currencies […]

Pre-Civil War Fiat Money was Issued Regionally by Private Banks

Pre-Civil War Fiat Money was Issued Regionally by Private Banks

Pre-Civil War Fiat Money was Issued Regionally by Private Banks $BTCUSD In the pre-Civil War era, 90% of US money was regionally issued banknotes from private banks. These currencies traded at different rates at different times and places. There were discount books in each town to keep track of how much each currency should be […]

Bitcoin, Using it as Money to Buy Stuff

Bitcoin, Using it as Money to Buy Stuff

Bitcoin, Using it as Money to Buy Stuff $BTCUSD, $SQ, $MSFT, $EXPE, $DISH, $ETSY Bitcoin is an investment asset, and it is also ‘Money’. And businesses that accepts Bitcoin payments are becoming closer to the mainstream you than you may think. Most people that I talk to look at cryptocurrencies an investment, a tradable asset, a […]

US Economic Growth ‘Robust’ and On Track

US Economic Growth ‘Robust’ and On Track

US Economic Growth ‘Robust’ and On Track Strong business borrowing, rising consumer spending, plus tight labor markets indicate the US economy remains on track for continued growth, the Fed reported Wednesday, the risks of a global trade war the only outlier. In its periodic “Beige Book” summary of contacts with businesses in its 12 regional districts, the […]

The ‘Volcker’ Rule Hobbles US Capital Markets

The ‘Volcker’ Rule Hobbles US Capital Markets

The ‘Volcker’ Rule Hobbles US Capital Markets Stop asking if the Hussein Obama era Volcker Rule works, it does not. Tuesday, a Key FOMC member in charge of bank supervision said that the Volcker Rule, which limits some speculative bank investments, is working poorly. The testimony before a congressional oversight committee comes amid lobbying efforts […]

Blockchain Technology is Driving Innovation in Payments Industry

Blockchain Technology is Driving Innovation in Payments Industry

Blockchain Technology is Driving Innovation in Payments Industry $AXP, $MA, $V, $IBM, $MSFT Blockchain is the innovative technology that is changing payments industry. Industry leaders like American Express, Master Charge and Visa are setting up to use the blockchain technology given its obvious benefits with regard to speed, accuracy, cost effectiveness, security, and more. Companies like […]

Blockchain, “No One Can Own of Control It, Everyone Can Use It”

Blockchain, “No One Can Own of Control It, Everyone Can Use It”

Blockchain, “No One Can Own of Control It, Everyone Can Use It” $BTCUSD, $ETHUSD, $IBM, $GOOG, $JPM, $USB, $WMT, $SPOT Blockchain is a technology that no one can own or control but anyone can use, it is the platform for Cryptocurrency. Blockchain as  applications for just about any enterprise involved in record-keeping, documentation, registrations and […]

Marijuana Friendly States Seek Meeting with USAG Sessions

Marijuana Friendly States Seek Meeting with USAG Sessions

Marijuana Friendly States Seek Meeting with USAG Sessions Treasurers from some marijuana-friendly states have asked for a meeting with US Attorney General Sessions  US Marijuana Policy State Treasurers from California, Illinois, Oregon, and Pennsylvania sent a letter to Attorney General Jeff Sessions last Thursday seeking a meeting in hopes of resolving conflicts between state and […]

IMF’s Christine Lagarde Urges Bitcoin Regulation

IMF’s Christine Lagarde Urges Bitcoin Regulation

IMF’s Christine Lagarde Urges Bitcoin Regulation $BCTUSD Regulation of Bitcoin and other cryptocurrencies must be considered now, Germany’s Bundesbank vice president Claudia Buch told Reuters Sunday, though she does not believe they pose a threat to financial stability. Ms. Buch said that speculation on volatile virtual coins and tokens does not pose a systemic threat […]

Readers Keep Asking, “What is Bitcoin Gold Really?”

Readers Keep Asking, “What is Bitcoin Gold Really?”

Readers Keep Asking, “What is Bitcoin Gold Really?” $BTCUSD,$BTG Cryptocurrency forks of various types take place regularly. Even Bitcoin has experienced several different iterations and branches this way, and now 1 of the largest and most discussed Bitcoin forks happened late in Y 2017. Bitcoin Gold was a hard fork of the original open source cryptocurrency which took […]

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears $BTCUSD Daily Bitcoin is in the headlines, positive sentiment is intact, and the price is in an uptrend after its recent correction. Currently Bitcoin is trading at: 11,324.9951, +29.9902, or +0.27%, at the close: 12:39p GMT Consider that 59% of last year’s ICO’s have failed or are failing, encouraging some triumphant “I […]

‘Things Continue to Look Up’ for US Economy

‘Things Continue to Look Up’ for US Economy

‘Things Continue to Look Up’ for US Economy $DIA, $SPY, $QQQ, $VXX The Fed is carefully raising interest rates against a growing economic background that has cheered up conditions for the nation’s lenders, said Federal Reserve Bank of Atlanta President Raphael Bostic. After years of emergency-era monetary policy, Fed officials are “in an increasing-rate environment, […]

Arcane Financial Products That Track VIX Questioned

Arcane Financial Products That Track VIX Questioned

Arcane Financial Products That Track VIX Questioned $CBOE, $VXX, $CS, $NMR Wall Street’s most widely followed ‘fear gauge’ of future stock market volatility is being manipulated, causing billions of dollars in losses a year to unwary investors, a law firm representing an “anonymous whistleblower” alleged in a letter to US financial regulators and released Monday. […]

Monetary Policy is the Engine-of-Inflation

Monetary Policy is the Engine-of-Inflation

Monetary Policy is the Engine-of-Inflation $DIA, $GLD, $SLV Just 2 Friday’s ago, on January 26th The Dow Jones Industrial Average (DJIA) made its latest BEV Zero, new all-time high.  Then 9 trading days later on Thursday February 8th it broke below its BEV -10% line in a dramatic fashion. The BEV plot seen below begins at […]

Blockchain Ventures to Achieve Mass Adoption Quickly

Blockchain Ventures to Achieve Mass Adoption Quickly

Blockchain Ventures to Achieve Mass Adoption Quickly Major industries adopting blockchain management Among the blockchain industry’s challenges, the Key issue has been achieving mainstream adoption of the disruptive technology. There is strong belief in the technology, as large enterprises and financial institutions are forging ahead with their respective projects. While most blockchain ventures are focused […]

World’s Financial Markets ‘Bloated’ with Liquidity

World’s Financial Markets ‘Bloated’ with Liquidity

World’s Financial Markets ‘Bloated’ with Liquidity $DIA, $GLD, $SLV As far as the market trends I usually follow went last week, nothing new in the broad stock or precious metals markets, more of the same old stuff. The Dow Jones (DJIA) made another new all-time high Wednesday, the 95th since the November 2016 election.  But besides […]

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders

Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders $JPM, $WFC, $BAC, $C, $GS JPMorgan (NYSE:JPM) and Wells Fargo (NYSE:WFC) indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business. The comments came as the  […]

Marijuana Sector Outlook for 2018

Marijuana Sector Outlook for 2018

Marijuana Sector Outlook for 2018 $GWPH, $BTC Medical Marijuana Approvals Should Increase It is expected the US Food and Drug Administration will approve the cannabis-based epilepsy drug Epidiolex from GW Pharmaceuticals Plc. (NASDAQ:GWPH) by the end of Summer 2018. GW Pharmaceuticals Plc is trading at: 132.00, +0.21, or +0.16% after hours: 7:37p EST on 10 January. Vs a […]

Bitcoins are Here to Stay, They are Not Tulip Bulbs

Bitcoins are Here to Stay, They are Not Tulip Bulbs

Bitcoins are Here to Stay, They are Not Tulip Bulbs $BTCUSD, $CME, $CBOE Bitcoin is here to stay, and when supply is limited and demand increases, the price goes up. And when speculators drive the prices up, we can expect a major correction, after the correction, the real value of Bitcoin will be seen. Y […]

Fine Arts Investing in 2018 and Beyond

Fine Arts Investing in 2018 and Beyond

Fine Arts Investing in 2018 and Beyond $BAC, $SCHW Global managed money, US hedge funds and some of the world’s biggest banks have embraced the predictive properties of machine learning to spot patterns and guide their investment decisions. Could this branch of AI (artificial intelligence) be used to divine the vagaries of the fines arts […]

UAE, Saudi Arabia Working on Digital Currencies

UAE, Saudi Arabia Working on Digital Currencies

UAE, Saudi Arabia Working on Digital Currencies The 2 Gulf nation’s central banks in the have expressed skepticism about digital currencies The United Arab Emirates (UAE) is working with Saudi Arabia’s central bank to issue a digital currency that would be accepted in cross-border transactions between the 2 Gulf countries, UAE central bank governor Mubarak […]

The Step Sum Boxes for DJIA and Gold

The Step Sum Boxes for DJIA and Gold

The Step Sum Boxes for DJIA and Gold $DIA, $GLD, $SLV Once again, the DJIA, aka Dow Jones, closed the week at a new all-time high, another BEV Zero in the Bear’s Eye View chart below. That makes 82 new all-time highs since last November’s Presidential election. That’s 30% of the Dow Jones’ daily closings […]

Bitcoin Futures Trading Enters ‘Mainstream’ Finance

Bitcoin Futures Trading Enters ‘Mainstream’ Finance

Bitcoin Futures Trading Enters ‘Mainstream’ Finance $BTCUSD, $CME, $CBOE Currently Bitcoin is trading at: 15,879.9951, +1,810.98, or +12.87% Trading in Bitcoin futures opens Sunday evening in Chicago, as the 1st major US exchange offers a product pegged to the wildly fluctuating cryptocurrency. The currency has risen more than 1,000% this year, and about 80% in the past […]

DJIA Post Another Record, Investors See Tax Cuts Ahead

DJIA Post Another Record, Investors See Tax Cuts Ahead

DJIA Post Another Record, Investors See Tax Cuts Ahead $DIA, $SPY, $QQQ, $VXX The DJIA marked aother record high Monday, with banks and retailers surging and tech falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts. The S&P 500 ended with a small loss after hitting an intra-day all-time […]

Hong Kong Real Estate Defying Gravity

Hong Kong Real Estate Defying Gravity

Hong Kong Real Estate Defying Gravity $JLL, $HSBC, $JPM Hong Kong’s steaming housing market shows no signs of cooling down anytime soon. Prices in the City have climbed 11% YTD defying skeptics waiting for the bubble to burst and government attempts to rein in the world’s most expensive housing market through a raft of taxes and […]

Recreational Marijuana Legal in California Soon, Banks Will Not Touch Cash

Recreational Marijuana Legal in California Soon, Banks Will Not Touch Cash

Recreational Marijuana Legal in California Soon, Banks Will Not Touch Cash Marijuana will likely be a thriving business in California next year, with expected revenue of $5.2-B, but there few banks will take its cash. The recreational use of Marijuana becomes legal on New Year’s Day, and the California itself will collect a much needed […]

Marijuana Stocks Have a Dark Secret

Marijuana Stocks Have a Dark Secret

Marijuana Stocks Have a Dark Secret The Marijuana industry is growing, and investors are beginning to take notice. According to Cowen & Co., legal Marijuana sales in the US have the opportunity to reach $50-M annually by Y 2026. Analysts are projecting compound annual growth of 26% in North America through Y 2021. Few American […]

Saudi’s Kingdom Holding’s Investment Growth ‘On Hold’

Saudi’s Kingdom Holding’s Investment Growth ‘On Hold’

Saudi’s Kingdom Holding’s Investment Growth ‘On Hold’ Kingdom Holding’s plan to borrow money to fund new investments is on hold, because owner Prince Alwaleed bin Talal is in criminal detention in Saudi Arabia on anti-corruption charges, according to banking sources familiar with the matter. Kingdom had approached banks to obtain the loan, but the financing […]

China’s $38-T Off-Balance Sheet Items Poses Little Risk

China’s $38-T Off-Balance Sheet Items Poses Little Risk

China’s $38-T Off-Balance Sheet Items Poses Little Risk $CNY, $UBS, $MCO The Chinese finance sector’s RMB 253-T ($38-T) of off-balance sheet items pose little risk because more than two-thirds of them are relatively harmless components such as custodial funds and untapped credit-card limits, said UBS Group AG (NYSE:UBS). Despite the size of the number, a […]

Bitcoin: Buyers Return to Market After Deep Dive Monday

Bitcoin: Buyers Return to Market After Deep Dive Monday

Bitcoin: Buyers Return to Market After Deep Dive Monday $BTCUSD Investing and trading in Bitcoin is not for novices or the feint of heart. Bitcoin halted a 2-day correction as speculators saw a 29% dive from its record high as an excessive response to a technology upgrade being cancelled.  The cryptocurrency is currently trading $6,758.9351, […]

The Trump Rally: DJIA Up 29%, as Banks, Tech Shares Soar

The Trump Rally: DJIA Up 29%, as Banks, Tech Shares Soar

The Trump Rally: DJIA Up 29%, as Banks, Tech Shares Soar $DIA, $SPY, $QQQ, $VXX Just 1 year ago, when it was not clear that Republican Donald Trump had upset and defeated Democrat Hillary Clinton to the US Presidency, futures in the DJIA dove nearly 900 points. However, at the close of trading of that […]

Bitcoin, What’s Ahead for the Raging Cryptocurrency

Bitcoin, What’s Ahead for the Raging Cryptocurrency

Bitcoin, What’s Ahead for the Raging Cryptocurrency $BTCUSD, $MSFT, $JPM, $GS, $TM, $CME, $CBOE Bitcoin’s amazing rise YTD has attracted lots of attention, but most institutional investors are still on the sidelines, as regulators have yet to issue comprehensive rules, and corporations are still only testing blockchain technology. Whether Bitcoin matures or crashes will depend […]

Banks, Cash Will Be Replaced by Computers & SmartPhones

Banks, Cash Will Be Replaced by Computers & SmartPhones

Banks, Cash Will Be Replaced by Computers & SmartPhones $DIA, $SPY, $QQQ, $VXX Jim Rogers predicts that banks must invest in the financial technology, or “fintech,” or become outdated and replaced. “My children will never walk into a bank when they become adults as by then all the banks along the streets will be replaced […]

Banks Desperate to Stop Cryptocurrencies Like Bitcoin

Banks Desperate to Stop Cryptocurrencies Like Bitcoin

Banks Desperate to Stop Cryptocurrencies Like Bitcoin $BTCUSD, $JPM Recently, Jamie Dimon, CEO of JP Morgan (NYSE:JPM) said publicly that Bitcoin is a fraud that is waiting to blow up. The story came a month after China’s ban on Initial Coin Offer (ICO), an unregulated way of raising financing by cryptocurrency startups. Following the statement, […]

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 […]