As readers likely know, the CBOE and CME are planning to launch Bitcoin futures on December 10 and 18, respectively. Anthony Tu-Sekine, partner with Seward & Kissel LLP, and his team from the firm’s Blockchain and Cryptocurrency Group, provide comment on the legal and operational challenges the introduction
December 7, 2017
Railroads are riding high in 2017 after years of struggle, primarily due to declining coal shipments. The improving fortunes of railroad operators are well reflected by the 29.3% improvement in the Dow Jones U.S. Railroads Index on a year-to-date basis.
We’ve been persistently bearish on precious metals since September and that has annoyed our readers. The weak price action, negative divergences and bearish fundamentals are too much to currently overcome for the time being. The gold stocks finally cracked this week and have lost
Volkswagen ADR (VLKAY). Volkswagen is the largest automobile manufacturer in Europe. Their activities focus on the automotive market and they offer products and services along the entire automotive value chain. With nine independent brands, they are able to offer a
Here’s one statistic about the US economy that you probably won’t find in President Trump’s twitter feed. Thanks to a surge in homelessness centered around several large west coast cities, the overall rate of homelessness in the US ticked higher
“The song is ended, but the melody lingers on….” Irving Berlin We put up the Christmas tree today. Non-Farm Payrolls tomorrow. Have a pleasant evening.
Note: We’ve updated the quiz based on today’s release of Q3 2017 Financial Accounts of the United States (previously referred to as the Flow of Funds Accounts). Hint: The correct answer is the same as it was for the last quiz.
Note: We’ve updated the quiz based on today’s release of Q3 2017 Financial Accounts of the United States (previously referred to as the Flow of Funds Accounts). Hint: The correct answer is the same as it was for the last quiz.
ADP Report Solid The top economic reports of the week are the BLS and the ADP employment reports. The ADP report was good as it showed 190,000 jobs created. This is the third lowest growth in the past 12 months.
Over 95% of all bitcoins in circulation are owned by about 4% of the market. In fact, 1% of the addresses control half the entire market. Video Length: 00:01:29
