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Why Cross-Currency Bond Yield Spreads Do Not Matter I have been running into cross-market yield comparisons in the news flow in recent weeks. For example, the raw U.S. Treasury/German bund yield spread often comes up in valuation discussions. The simple rule of thumb is that one should never make such cross-currency yield comparisons; they only ...
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Hong Kong Sees Salvation From Asset Bubbles in Currency Weakness Normally, when a currency is falling, a simple step exists to revive it: raising interest rates. But in Hong Kong there are no interest rates to raise, and that's created problems. Hamstrung because it ceded monetary policy to the U.S. Federal Reserve 35 years ago, the Asian financial hub has had no choice ...
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Residents of the rural West report anxiety and insomnia over 'Crypto Rush' as digital currency ... The rural West has all four requirements, and the Bitcoin industry is taking full advantage of it, setting shop in states like Nevada, Wyominng and Washington. Cheap prices and lots of space attract the 21st Century miners, who are bringing a new currency to a region famous for its gold, in what residents ...
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Can Bitcoin Become a Global Reserve Currency? John Oliver Weighs In It may not necessarily be a global currency anytime soon either. However, Oliver acknowledges it may happen, for all we know. We see more efforts towards regulating Bitcoin, which also gives it more legitimacy in the long run.Until that is in place, however, Bitcoin will always remain a niche market, ...
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For Faster Payments, Fiat Done Digitally? Continued Cooke, "The reason we need banks is because banks do incredible things to our currency, and they multiply it. They have this banking license that allows them to make money out of thin air. You put one dollar into the bank and miraculously it becomes 10." That license, so to speak, does not ...
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WEB | ||||||
Global Fixed Income, Currency, and Commodities JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset ...
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Digital Currency Hedge Funds Are Jumping on the Crypto Bandwagon Until last year, there have only been a few select funds investing in bitcoin and alternative digital currencies. In 2017, however, as bitcoin went mainstream and Initial Coin Offerings (ICOs) became the latest new investment rage, digital currency-focused hedge funds suddenly started to spring out of the ...
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