REUTERS/Alfred Cheng JinBen Bernanke.Does former Fed chair Ben Bernanke think the stock market is undervalued? Bernanke has a new blog post out on Monday. The post deals with inequality, primarily as it relates to Fed policy. On this topic, Bernanke isn’t sure that it’s obvious Fed policy exacerbated any inequality trends. But in his post, Bernanke also addresses the stock market.Specifically, Bernanke isn’t […]
01Jun, 2015The Cure For Stock Market Fragmentation·The WSJ has an op-ed today titled “The Cure for Stock-Market Fragmentation: More Exchanges” which was written by Jonathan Macey (a Yale law professor) and David Swensen (Yale’s Chief Investment Officer). The article tackles what we believe is the number one problem with the US equity market: fragmentation. The authors sum up this problem in a […]
Stox is an online broker that wants to make trading stocks less mystifying for new investors. The London-based company announced that it has raised an $8 million Series A round led by Singulariteam.The site is currently in beta in the U.K. and will launch in the U.S. later this year. Once it opens to the public, it will join a […]
Hey, wanna lose some money? Then go chasing after the next hot IPO.We’ve seen it time and time again. Everyone gets sucked in by the media hype surrounding the next big IPO. Then the stock fizzles once the hype machine breaks down. And the gullible suckers who bought are left holding the bag. The stock might come back after it […]
Saudi Arabia will open its $532 billion stock market to direct foreign investment on June 15, allowing qualified foreign institutions to buy shares from that date, the Capital Market Authority said on Thursday.Final rules covering the opening of the market will be published on May 4, the regulator said in a brief statement.Read MoreOPEC: Rivals’ oil supply growth will slowAFP […]
Stock Market About to Hit Sudden Air Pocket!By: Brad Gudgeon | Sat, Apr 11, 2015SharePrintEmailI warned back a few days ago that the market looked tired. We got a few more points since then as the FED minutes on Wednesday help fuel the market higher. The set up is there for another “sudden 2% drop” like we had on Mar […]
PAUL TUDOR JONES: Income inequality will end in revolution, taxes, or war by BusinessInsider.com : Thursday 06:14:19 CTCategories: markets, streamLegendary hedge fund manager Paul Tudor Jones II gave a dire warning about the growing gap between the rich and the poor in the US during a sold out TED Talk in Canada this week.“Now here’s a macro forecast that’s easy […]
Given the scale of tax evasion worldwide, it feels wrong to knock the Greek finance ministry for proposing a clampdown.So, if wiring up concerned members of the public and tourists is questionable, is there a better way?Well, Greece could learn from Slovakia’s example. It roped in its civilians to help, by collecting all their sales receipts for anything over one […]
Below is the February 16th Thoughts from the Frontline, republished in full.We do not have to look to Greece to find massively underfunded obligations. Here in the US we can find hundreds of examples, willingly created by politicians and businessmen who proclaim they are working for the public good. We call them pension funds, but they’re just another form of […]
The sudden bloodletting that leveraged currency speculators experienced when the Swiss National Bank yanked the cap on the franc should have been a warning: central-bank promises that everything is under control are meaningless. And because of leverage, innumerable trading accounts blew up in a matter of moments.Leverage acts like a powerful drug. It creates buying pressure and inflates asset prices […]
