Month: November 2021

RIA clients seeking compensation for losses as a result of advisors’ harmful conduct may have an even smaller chance of success than customers of dually registered firms and brokerages. Customer agreements requiring RIA clients to pursue any claims through arbitration forums operated by alternative dispute resolution services JAMS and the American Arbitration Association pose costs
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Sharing is Caring! by Kimble Charting The recent US Dollar Index rally is providing a headwind for commodities, while pushing other currencies down. Should the rally extend further, it may create a bigger disturbance in the financial markets… perhaps even extending to equities. Today’s chart of the US Dollar Index takes a long-term “monthly” view and highlights why
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The European Union’s planned framework for regulating cryptocurrencies is one step closer to becoming official. On Wednesday, the European Council, which guides the EU’s political agenda, announced its position on the Markets in Crypto Assets (MiCA) framework and the Digital Operational Resilience Act (DORA). Following the deal, which must then be ratified, the European Council
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Kaisa Group Holdings Ltd.’s City Plaza development under construction in Shanghai, China, on Tuesday, Nov. 16, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese real estate developer Kaisa announced Thursday plans for paying back investors, temporarily alleviating concerns about a default as China’s property sector continues to face pressure. Kaisa’s Hong Kong-listed
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Mercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks. Mercadopago, the payments service native to the platform, will allow these customers to purchase, hold and sell cryptocurrencies directly from the platform. The
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As 2021 comes to an end, now is a wonderful time to review some year-end planning strategies. Some of these ideas may apply to you, while others will not. However, it’s worth scanning the below checklist to see if there are any opportunities you’d like to discuss with your financial advisor, accountant, or attorney before
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The Puerto Rico bankruptcy judge is likely to approve the Oversight Board-proposed Plan of Adjustment or something close to it this winter, observers and analysts say. While participants hoped the plan would be effective by Dec. 15 (a deadline in the bondholder Plan Support Agreement), on Nov. 17 the U.S. Attorney General asked for a
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New Delhi, First Published Nov 25, 2021, 9:51 AM IST Prices of petrol and diesel remain unchanged for the 21st consecutive day on Thursday after the government had slashed excise duty on petrol and diesel to bring rates slightly down from the record-high levels to give relief to consumers. Following the reduction in taxes, the
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This is being hailed as “the most expensive Thanksgiving ever”, but don’t worry, because the elite are offering some suggestions for how you can save some money… by Michael Snyder of The Economic Collapse Blog Normally, inflation is not a major theme on Thanksgiving.  Unfortunately, these are not normal times.  Thanks to Joe Biden and
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The S&P 500 measures the value of the stocks of the 500 largest corporations by market capitalization listed on the New York Stock Exchange or Nasdaq Composite. The intention of Standard & Poor’s is to have a price that provides a quick look at the stock market and economy. Indeed, the S&P 500 index is
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In this article TSLA AAPL Closely watched money manager Cathie Wood told CNBC on Wednesday that Apple could have owned the driverless vehicle market by purchasing Tesla when given the chance during the electric vehicle maker’s troubled Model 3 ramp-up. “We’ve been watching Apple very carefully for years now. Because what is an autonomous vehicle?
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DBS Bank, south-east Asia’s largest lender, said late Wednesday its online services were returning to normal after two days of outages. The Singapore-based bank said a glitch left many customers unable to log into their accounts. Disruptions began on Tuesday morning, DBS said. “We have since been working round the clock, together with our third-party
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Good morning and welcome to Europe Express. The wait is over. Germany has a new government, Olaf Scholz is set to become chancellor, Christian Lindner from the pro-business Free Democrats scoops up the finance ministry, Green leader Robert Habeck will be the minister for economy and climate, with co-leader Annalena Baerbock as foreign minister. I’ll
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Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters Expect more tough talk from the Federal Reserve, as it may consider winding down its bond program sooner than expected. Based on comments from a number of Fed officials, market
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Sharing is Caring! by visualcapitalist In the late 1600s, the introduction of bank notes changed the financial system forever. Fast forward to today, and another monumental change is expected to occur through central bank digital currencies (CBDC). A CBDC adopts certain characteristics of everyday paper or coin currencies and cryptocurrency. It is expected to provide central
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Tesla and Spacex CEO Elon Musk has raised concerns with cryptocurrency exchange Binance about its dogecoin issue. Musk calls the situation “shady,” adding that “DOGE holders using Binance should be protected from errors that are not their fault.” Both Binance CEO Changpeng Zhao and the official Twitter account for the crypto exchange responded. Elon Musk
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The logarithmic target for gold could be as high as $4,000… Jordan Roy-Byrne with Patrick V. on Silver Bullion TV We are joined on Metal Money by Jordan Roy-Byrne of The Daily Gold as we review gold’s still forming ‘textbook’ cup and handle pattern that. Jordan estimates that the logarithmic target for gold could be
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QuickBooks vs. Quicken: An Overview QuickBooks and Quicken are two of the most widely used financial management tools in the world. Both programs were part of Intuit (INTU), but Quicken was sold to H.I.G Capital in 2016. Both QuickBooks and Quicken have unique feature sets designed for different uses. Read on to find what each
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The UK is to overhaul its development investment arm in a move designed to counterbalance China’s influence in emerging countries by offering “alternatives” to taking on “strings-attached debt”. Liz Truss, UK foreign secretary, will launch British International Investment (BII) on Thursday, a body that will leverage private capital to invest in countries across Asia, Africa
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