Month: April 2019

I recently interviewed Ryan Simonetti co-founder and CEO of Convene. What I loved about the Convene model is that it displays the core element to transformation – taking one industry model and transplanting it into a related but different industry … in this case incorporating hotel concierge services into commercial real estate. Convene has quickly
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Exchange-traded funds are getting a revamp at Goldman Sachs. The big bank has doubled down on a concept called smart beta, which blends passive and active investing strategies to build portfolios based on non-traditional metrics. At Goldman, the strategy is branded as ActiveBeta and revolves around four factors: value, quality, momentum and low volatility. “We
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Next week’s calendar should benefit from timing and availability of paper coming on the heels of both the income tax deadline and the holiday-shortened week. Munis will be very much on the minds of lots of people who paid larger bills due to the state and local tax changes, which may increase demand for next
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Rakuten has begun accepting applications for accounts for its anticipated cryptocurrency exchange called “Rakuten Wallet.” The company announced that pre-registration is available for customers with Rakuten Bank, but further details as to whether the service will be available for everyone has not yet been revealed. The company previously stated that the crypto exchange will commence
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The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt. With Bakkt’s launch having been held up for eight months, apparently over persuading the Commodity Futures Trading Commission (CFTC) to approve it to custody bitcoin for its planned physically-delivered futures contracts, ICE apparently sees
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Strong home price appreciation last year led many to wonder if housing was unsustainably strong. I thought not and in November 2018 wrote Housing Forecast: Not A Bubble In 2019. This update shows that housing will continue to soften, though not quite so much as previously expected. The most important factor determining housing construction and
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 3.89% from 3.88% the week before. The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields inched up one basis point to 3.86% from 3.85% the week before. It is at
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Check out the companies making headlines after the bell: Shares of Intuitive Surgical plummeted more than 6 percent in extended trading Thursday following the release of the company’s disappointing first-quarter earnings. Intuitive Surgical posted earnings per share of $2.61, missing Refinitiv estimates of $2.70. Revenue was in line with estimates at $974 million. Pinterest shares
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On April 17th, word went around that Coinbase crypto services will be expanding to 11 new countries. And the information is true. According to the crypto exchange, Coinbase will expand its crypto-to-crypto conversions and trading services to Colombia and Mexico, among other countries. Here’s what we know. Coinbase Expanding Crypto Services Based in San Francisco,
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Smart security products have become increasingly popular in recent years. Among them are smart locks, which allow you to secure your doors remotely and give you a way to get back into your home through your smartphone when you’ve forgotten your keys. To help you wade through the many options available now, we’ve rounded up some of
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