Tag Archives: Featured

Overview: Coming into yesterday's session, the S&P 500 had fallen in eight of the past ten sessions.  It closed on its lows before the weekend and gapped.  Nearly the stories in the press blamed China and the likely failure of one of its largest property developers, Evergrande.  Those that are prone to the sky-is-falling narratives refer to it as Lehman moment.  The S&P 's 2.7% decline yesterday was the largest in half of a year, and the VIX jumped to...

American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of quarterly net income into this same portfolio. According to a statement by the firm, this move will make it the first publicly traded company to hold Ethereum, Proof of Stake assets, DeFi tokens, and many other crypto...

American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of quarterly net income into this same portfolio. According to a statement by the firm, this move will make it the first publicly traded company to hold Ethereum, Proof of Stake assets, DeFi tokens, and many other crypto...

The Constitution had been ratified and was going into effect, and the next great question before the country was the spate of amendments which the Federalists had reluctantly agreed to recommend at the state conventions. Would they, as Madison and the other Federalists wanted, be quietly forgotten? The Antifederalists, particularly in Virginia and New York, would not permit that to happen and the second convention movement, led by Patrick Henry and George Mason in...

The Constitution had been ratified and was going into effect, and the next great question before the country was the spate of amendments which the Federalists had reluctantly agreed to recommend at the state conventions. Would they, as Madison and the other Federalists wanted, be quietly forgotten? The Antifederalists, particularly in Virginia and New York, would not permit that to happen and the second convention movement, led by Patrick Henry and George Mason in...

From the darkened cinema to the football field to the airport screening line, the US government inflated the actual threat of terrorism and the necessity of an aggressive military response. Original Article: “US Military Propaganda in Film, Sports, and TV: It’s Everywhere” I was a young lad of thirteen when the first Transformers film directed by Michael Bay premiered in theaters. I do not recall much about it other than Megan Fox working on Shia Labeouf’s car,...

From the darkened cinema to the football field to the airport screening line, the US government inflated the actual threat of terrorism and the necessity of an aggressive military response. Original Article: “US Military Propaganda in Film, Sports, and TV: It’s Everywhere” I was a young lad of thirteen when the first Transformers film directed by Michael Bay premiered in theaters. I do not recall much about it other than Megan Fox working on Shia Labeouf’s car,...

Alhambra CEO Joe Calhoun discusses China’s Evergrand, this week’s Fed meeting, the overpriced stock market, and the latest CPI numbers and reports. [embedded content] [embedded content] You Might Also Like SNB Sight Deposits: Inflation Fear Decreasing, SNB Selling Euros 2021-09-20 Sight Deposits have fallen: The change is -0.2 bn. compared to last week, this means the SNB is selling...

Alhambra CEO Joe Calhoun discusses China’s Evergrand, this week’s Fed meeting, the overpriced stock market, and the latest CPI numbers and reports. [embedded content] [embedded content] You Might Also Like SNB Sight Deposits: Inflation Fear Decreasing, SNB Selling Euros 2021-09-20 Sight Deposits have fallen: The change is -0.2 bn. compared to last week, this means the SNB is selling...

Overview: Investors’ mood did not improve over the weekend, and the lack of risk appetites are rippling through the capital markets today. Equities have tumbled, yields have backed off, and the dollar is well bid.  Hong Kong and Australia led the sell-off in the Asia Pacific region, off 3.3% and 2.1%, respectively. Regional losses may have been larger, but Japan, Chinese (mainland), and South Korea markets were on holiday. Europe’s Dow Jones Stoxx 600 is off 2%, the...