Tag: finance

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Interbank market news scan: The bitcoin bros need to make an argument as to why a bitcoin strategic reserve is constitutional.

Proponents of bitcoin were very excited about the prospects of President Donald Trump creating a bitcoin strategic reserve. This prospect was fueled by support from Senator Cynthia Lummis, Republican of Wyoming, who last year introduced S.4912, the BITCOIN Act of 2024. S.4912 would require the Secretary of the Treasury to establish a “decentralized network of … Continue reading Interbank market news scan: The bitcoin bros need to make an argument as to why a bitcoin strategic reserve is constitutional.

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If FDI inflows are trending down, shouldn’t price of USD follow?

With all the talk of Brazil, Russia, India, China, and South Africa going their own way by moving away from the USD, the presumptive president-elect seeking a weaker dollar that promotes the export of goods manufactured in the United States, and a downward trend in foreign direct investment inflows to the United States, it would … Continue reading If FDI inflows are trending down, shouldn’t price of USD follow?

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Is strong dollar policy antithesis of the Trump manufacturing agenda?

Currency analyst and trader Kathy Lien shared this video where she discusses the reasons behind the current climb in dollar strength. She lists five major reasons. First, the US economy is doing well when compared to the Eurozone and Asia. Yields are increasing and attracting more investors. Second, the Trump return to the White House … Continue reading Is strong dollar policy antithesis of the Trump manufacturing agenda?

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The fix is in. Yields inching higher. The polls tightening. Tomorrow night will be pizza and popcorn night.

The 4:15 pm fix is in. According to the Federal Reserve’s data, two-year and ten-year yields have been inching up over the last week. Throw in a little dollar weakening compared to the euro. Given we are closer to the beginning of Election Day (14.5 hours at the time of this writing), could some political … Continue reading The fix is in. Yields inching higher. The polls tightening. Tomorrow night will be pizza and popcorn night.

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Jamal Hollingsworth Returns as CEO of Top Tier Trader, Poised to Lead the Company into an Exciting New Era

Miami, FL – SEPT 30, 2024 – Top Tier Trader, a leading name in the proprietary trading industry, is excited to announce that Jamal Hollingsworth, the company’s visionary founder, is returning to the role of CEO after a brief tenure as President. Hollingsworth’s return comes at a pivotal moment for the firm, solidifying TopTier Trader’s … Continue reading Jamal Hollingsworth Returns as CEO of Top Tier Trader, Poised to Lead the Company into an Exciting New Era

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The Fed narrative and depositors. Is there a conflict?

A high school classmate shared with me her concern about looking for higher yielding accounts. Baby boomers closing in on retirement are either trying to accumulate more cash via compounding interest while saving more of our incomes and sticking those savings into accounts. Meanwhile the media is guiding our eyeballs and eardrums to the messaging … Continue reading The Fed narrative and depositors. Is there a conflict?