Month: September 2021

Sharing is Caring! by confoundedinterest17 The Federal Reserve is dominating the news today as two Fed regional Presidents have resigned (Rosengren [Boston] and Kaplan [Dallas]) for trading irregularities. Speaking of The Fed, their target rate for inflation is 2%. Yet the Case-Shiller 20 metro home price index just rose to 20% YoY for July. Yes,
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A recent New York case underscored just how easily an exchange of email messages can create a binding contract. Though the dispute involved a litigation settlement evidenced in an exchange of emails, the same principles would apply in real estate contracts or any other area of commerce that involves written agreements. New York’s procedural rules
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Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments has exploded this year.” Major Retailers Will Soon Be Able to Accept Cryptocurrency
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Netflix (NFLX) is the dominant company in the on-demand media industry, with 167 million paying subscribers around the world. By creating compelling original programming, analyzing its user data to serve subscribers better, and above all by letting people consume content in the ways they prefer, Netflix disrupted the television industry and forced cable companies to
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Big, occasionally gargantuan, retirement plans are walking the plank in Democrats’ plans to raise taxes. So are millions of far more modest IRAs. The emerging tax bill would ban individual retirement accounts of all types and any size from holding alternative investments intended only for investors whom securities regulators consider “sophisticated.” That means shares in
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Sharing is Caring! by David Haggith As I’ve written about extensively, we know the Federal Reserve has painted itself into a corner where it is now pressured to start tapering its quantitative easing earlier than it had been indicating. Now we are seeing signs that the bond market isn’t liking the news out of the
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What is a weighted blanket and why might you want one for your bedroom? Are the health benefits real? “There is some evidence that it helps some adults with stress and anxiety,” shares Dr. Adrian Pristas, Center for Sleep Medicine director with Meridian Health in Hackensack, New Jersey. Other claims, like benefits for arthritis pain
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The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against Finiko associates. Authorities are also working to identify more victims of the Ponzi scheme, Russia’s largest in recent years. Finiko Members Under Investigation in Samara, Russia The Russian Ministry of
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The problem with Evergrande is that it is not an anecdote, but a symptom of… by Daniel Lacalle via Mises The bankruptcy of the Chinese real estate company Evergrande is much more than a “Chinese Lehman.” Lehman Brothers was much more diversified than Evergrande and better capitalized. In fact, the total assets of Evergrande that are on the brink
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Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru, Cointelegraph en Español reports. Pegged to Peru’s official fiat currency, the Peruvian sol (PEN), the new stablecoin is designed to enable instant transactions across Anclap’s network, including conversions in other fiat currencies as well as “any other digital asset,”
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Good morning and welcome to Europe Express. Tomorrow’s EU-US meeting on trade and technology in Pittsburgh may be going ahead, but France is still complaining about aspects of the proposals, pointing to simmering anger in Paris over Washington’s surprise defence deal with the UK and Australia. French diplomats have been formulating last-minute demands for the
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Wealth management’s fragmentation makes ranking and classifying fee-only RIAs a difficult and often controversial topic. The lack of uniform standards governing exactly which RIAs are fee-only financial planning firms turns a simple listing of the companies with the most assets under management into an examination of the profession’s highest ideals and a probe of which
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Asensus Surgical, Inc. (ASXC) recently announced that the Loginov Moscow Clinical Scientific Center has purchased its Senhance Surgical System. ASXC is a medical device company, which is focused on digitizing the interface between the surgeon and patient. Following the news, shares of the company gained 1.6% on Monday. The stock, however, pared its gains by
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Sharing is Caring! by Charles Hugh-Smith The Fed and its minions are about to get what they so richly deserve: the full blame for the coming catastrophe. The key justification for the Federal Reserve’s zero-interest rate policy is that inflation is transitory. Sorry, Fed, inflation is already embedded, i.e. inflation is now a self-reinforcing feedback loop: price leaps
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The 2022 paint colors of the year trend towards tranquil, neutral, organic and green. Gone are the intense, saturated hues of the past, and gray, which dominated décor for a while, is definitely in the rear view mirror.  From Behr we have Breezeway, a tranquil, pale green-blue hue. Olive Sprig, PPG’s color of the year,
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