Category: Business

IMF Introduces World Currency
6. 4. 2021 No Responses

IMF Introduces World Currency

It is no joke, something big happened last week. The IMF is going to give out loans in SDR. Special Drawing Rights are IMF’s currency. By itself, they’re nothing special, but the IMF has always lent in U.S. Dollars. That they are...
read more
Something Happened on the Way to Monetary Heaven
26. 3. 2021 No Responses

Something Happened on the Way to Monetary Heaven

Something Happened on the Way to Monetary Heaven: Janet Yellen’s Plunge Protection Team Has $142 Billion to Play With. Most Americans are unaware of the existence of the Exchange Stabilization Fund (ESF). Together with the Federal Reserve Bank of New...
read more
The 15th Century Medici Bank Is Getting A 21st Century Re-Launch
23. 3. 2021 No Responses

The 15th Century Medici Bank Is Getting A 21st Century Re-Launch

The 15th century Medici Bank is getting a 21st century re-launch and also will serve crypto sector. The Medici Bank name, most notably associated with the 15th century banking giant in Italy that, at the time, was the largest and...
read more
WeWork Losing $3.2 Billion Last Year, In Talks With SPAC
22. 3. 2021 No Responses

WeWork Losing $3.2 Billion Last Year, In Talks With SPAC

The fact that potential investors were even taking meetings with Tel Aviv playboy managed WeWork is a sign of just how few suitable takeover opportunities remain in a market that has been saturated by SPACs (following a decade-plus post-crisis bull...
read more
ARAMCO’s 2020 Profits Fell By 44%
21. 3. 2021 No Responses

ARAMCO’s 2020 Profits Fell By 44%

Saudi Aramco reported a net profit of $49 billion for 2020, down 44 percent on the year but still a positive figure despite the pandemic that plunged some major oil companies into the red. The company kept its annual dividend at $75...
read more
World After Countless QEs: A Shortage Of Everything
20. 3. 2021 No Responses

World After Countless QEs: A Shortage Of Everything

In last press conference, Jay Powell confirmed that the Fed is setting off on a historic experiment: welcoming a conflagration of red-hot inflation for an indefinite period of time in an overheating economy, with the underlying assumption that it’s all.....
read more
Treasury Injects A Record $271 BIllion In Cash In One Day
19. 3. 2021 No Responses

Treasury Injects A Record $271 BIllion In Cash In One Day

A month ago analysts noted that in line with the Treasury’s forecast for huge net debt drawdown in the current quarter, a record $1.1 trillion in cash and reserves was about to hit the market. Fast forward to today when...
read more
Household Portfolios Are Oversized, Unbalanced, & Vulnerable
18. 3. 2021 No Responses

Household Portfolios Are Oversized, Unbalanced, & Vulnerable

Once again, household portfolios are oversized and unbalanced, driven higher by a massive gain in a single asset (equities). Unbalanced portfolios have proven to be vulnerable to abrupt and sharp corrections. Will history repeat? The most significant vulnerabi...
read more
Morgan Stanley Becomes First Major US Bank To Offer Crypto Funds
16. 3. 2021 No Responses

Morgan Stanley Becomes First Major US Bank To Offer Crypto Funds

Morgan Stanley is about to become the first major US bank to offer its wealth-management client access to cryptocurrency funds. In a major coup for former hedge fund manager Mike Novogratz, a veteran crypto bull who held on during the...
read more
GE Sells Aircraft-Leasing Unit to AerCap for $31 Billion
11. 3. 2021 No Responses

GE Sells Aircraft-Leasing Unit to AerCap for $31 Billion

General Electric (NYSE:GE) took the next step in its dramatic transformation under CEO Larry Culp. The industrial titan finalized a deal to sell its GECAS aircraft-leasing business to top rival AerCap (NYSE:AER) as Culp seeks to simplify GE and refocus on...
read more
GFC Alliance Lost Financing
5. 3. 2021 No Responses

GFC Alliance Lost Financing

Liberty Steel Group in Dire Straits Again as Mother Company GFC Alliance Lost Financing Sanjeev Gupta stops repayments to troubled lender Greensill Capital amid threat to UK steel jobs. The business empire headed by steel tycoon Sanjeev Gupta has stopped...
read more
JPMorgan Estimates Up To $316 Billion In Forced Month-End Selling
4. 3. 2021 No Responses

JPMorgan Estimates Up To $316 Billion In Forced Month-End Selling

In one of latest Flows and Liquidity reports, JPM quant Nick Panigirtzoglou writes that as we approach quarter-end, the equity rebalancing flow question is resurfacing in client conversations. As we notes, “the equity rally and the bond sell-off during t...
read more
Some folks just realized that 97% of all cryptos is empty shell
23. 2. 2021 No Responses

Some folks just realized that 97% of all cryptos is empty shell

Yes, famed Bitcoin constructed by mysterious Nakamoto, who not dare to take a few billions of his fortune, is empty shell. Some folks do not understand this truth, some folks realized this just now. It was very clear, that group...
read more
Cathie Wood Warns Of Stock Market Correction
22. 2. 2021 No Responses

Cathie Wood Warns Of Stock Market Correction

ARK Invest’s CIO Cathie Wood joined CNBC’s Scott Wapner last week. She warned of the increasing risk of a stock market correction if rates continue to “sharply” rise. Wood went on to say: “Now one of the things that I found inte...
read more
Bumble – dating web for passive dumb men, had a net loss of $84.1 million
15. 2. 2021 No Responses

Bumble – dating web for passive dumb men, had a net loss of $84.1 million

Bumble – dating service website for passive and dumb men who prefer aggressive women, is worth over $7 billion, after very successful IPO. As numerous other losing businesses also Bumble hurried for IPO. In 2016, Bumble began to monetize its app...
read more
1 … 23 24 25 26 27 … 56