With unprecedented volatility in the financial markets that’s been brought on by the international spread of coronavirus, and the economic backlash associated with it, is potential systemic risk to the global financial system lurking ‘out there’ in an obscure and often little understood investing vehicle (even for its buyers)… DERIVATIVES! Back in 2015, then reposted […]
Having ‘cut my teeth’ as a Wall Street bond analyst and then trader, the lesson learned early and often was that, to quote a phrase, ‘your word is your bond’! In those days (and it is likely the same today in some financial products) trades were made over the phone and, when the voice on the […]
Summary: Did you know about… The state of the housing market post-financial crisis, subprime lending making a comeback, the Top 10 luxury hotel suites from around the world or why the opinions of real estate appraisers seem so often to vary widely from the opinion of value that’s in the mind of the property owner. This […]
9 Article Links To Scandal, Real Estate Statistics, Jobs, EU Break-Up And More! News, Economic Information And Just Plain Interesting Stuff That You May Have Missed! When you crack open the newspaper on the train or bus heading to work or perhaps navigate over to you favorite website that disseminates current events, you will be reading the same […]
Will These Denizens Of The Investing Arena Prove To Be Right Or Wrong At The End Of 2016? In an interesting follow-up to an article yesterday that described some of the risks inherent from following the herd, or Wall Street pros (‘Historic Look At Following The Herd Or Worse, The ‘Experts’, When Investing!‘), today we offer […]
Article Summary c/o Ben Franklin: It takes many good deeds to build a good reputation, and only one bad one to lose it. If reading the title your mind immediately went to Chipotle and the current crisis that the firm finds itself in, you are half right! For those who may not be aware of what […]
For those who may not have heard, yesterday afternoon the Fed announced that it will leave its key interest rate at 0%! This move came as a surprise to some and as no surprise to others. I count myself as being in the ‘not surprised’ camp as I expressed in an article from about one […]
Anyone watching on the afternoon that Amazon reported earnings saw an immediate jump of about 20% in its share price! The euphoria (+$40 billion in market cap) was due to a small reported profit when a loss had been expected along with the performance of the company’s cloud computing division. The stock of Amazon.com had closed […]
Cyber-security leapt into the spotlight yesterday with a confluence of three outages that most certainly caught the country’s attention! ‘First United Airlines halted all flights across the country due to a computer problem. “We experienced a network connectivity issue,” they said on Twitter. “We are working to resolve and apologize for any inconvenience.” Then the […]
Back when I got my MBA it was the goal of most graduates with a specialization in finance to seek out a career on Wall Street! Of course that was in the 1980’s and since then times have most certainly changed as the following reverse career move clearly shows. In our new age of morality […]
