Despite the progress on the vaccine front, markets are once again focusing on the continued climb in COVID-19 cases and the ensuing impact on the global economy and earnings as equities once again flirt (shamelessly) with record highs
Archiv für den Monat: Dezember 2020
A Different Approach to Equity Risk Management
In developing new solutions to an old problem, whole new avenues can open up just by challenging traditional thinking and purposefully changing your perspective to ask tough questions.
Chip Foundries: The Top of the Crypto Mining Food Chain
New chip allocation could have measurable impacts on the crypto mining industry in terms of who can mine when, and at what speeds. You wouldn’t think a chip foundry has the ability to affect the entire crypto ecosystem, but it does.
How Visa is Embracing Both the Blockchain and Cryptocurrency
While most financial institutions remained skeptical about bitcoin and digital currencies at large and focused on its underlying technology, blockchain, Visa, Inc. (V) embraced the idea of a digital currency and blockchain
Wealthfront names former banking regulators Sheila Bair and Thomas Curry to fintech’s advisory group
The fintech firm has been adding banking services after pioneering the automated investment service sometimes called robo advisors.
Borrowers looking to use Fed’s Main Street lending program run into dead end
Steven Mnuchin’s decision not to extend funding for the Federal Reserve’s Main Street Lending Facility after Dec. 31 already looks to be cutting into lending.
Merrill to pay $26 million to New Hampshire, former NH Governor to settle churning allegations
It is the largest monetary sanction in the Bureau’s history and the second largest FINRA settlement in at least a decade.
BlackRock takes equities to overweight for 2021, sees powerful restart to the economy
BlackRock raised equities to overweight for 2021, based on its view that the restart of the economy will accelerate with the distribution of vaccines.
JPMorgan sends policy recommendations to Biden team on ways to prevent more Covid-related misery
Failing to agree on another Covid relief stimulus bill will lead to unnecessary suffering as the pandemic deepens, according to a JPMorgan brief.
Wealthfront names former banking regulators Sheila Bair and Thomas Curry to fintech’s advisory group
The fintech firm has been adding banking services after pioneering the automated investment service sometimes called robo advisors.