Category Archive: Finance
Gold’s Stock Value And Bitcoin’s Market Cap
Gold’s stock value was 1 trillion dollars in 1999 & almost hit 10 trillion dollars in 2011 – currently sitting on 7.437 trillion. Bitcoin’s crypto value was 20 billion & now has risen to 120 billion in much the same manner. What many do not realise is that whilst Bitcoin might rise another 10 fold […]
Technical Analysis Of The Markets
Yikes! $450.3 million for Leonardo da Vinci’s “Salvator Mundi” sold on Wednesday night at Christie’s auction, shattering the high for any work of art sold at auction. It far surpassed Picasso’s “Women of Algiers” which fetched $179.4 million at Christie’s in May 2015. It also far surpassed the $127.5 million that Russian billionaire oligarch Dmitry […]
‘The Flattener Is Like Bitcoin’: This Is What It’s Come To, Folks
If you’re one of the folks who have tried to take a contrarian approach and lean against inexorable curve flattening as opposed to leaning into it harder than a Texas rapper on purple Sprite, well then you’ve probably had a rough go of it. Take Monday for instance, which finds the 5s30s eying 70bps: This […]
Soaring Deficits Force Treasury Into Foolish Gamble
The Treasury opened the fiscal year 2018 with an October budget deficit of $63.2 billion. That is 37.9% larger than the $45.8 billion deficit in October of last year. The primary reason behind this surge in year-over-year deficits was a 21.6% increase in net interest expenses. The annual red-ink problem looks even greater when recognizing […]
Cardinal Health Slides As Morgan Stanley Says Sell On Amazon Risk
Shares of Cardinal Health (CAH) are sliding after Morgan Stanley analyst Ricky Goldwasser downgraded the stock to Underweight, a sell-equivalent rating, as he believes Amazon (AMZN) is looking to scale its medical supply distribution efforts and Cardinal’s potential earnings risk from the e-commerce giant’s effort is larger than its peers. Patterson (PDCO) and Henry Schein […]
Gold, Euro Slump As Merkel Admits “New Elections Are The Better Way”
EUR/USD is testing overnight lows (and gold is tumbling) after German Chancellor Angela Merkel said she would prefer to go ahead with new federal elections rather than try to form a minority government. Seeking her fourth term, Bloomberg reports that Merkel is “skeptical” about a minority government as it may not bring about necessary stability and is open to […]
Synchronized Global Growth May Have Arrived
Nearly 10 years after the financial crisis brought the global economy to its knees, conditions have finally improved enough to crystallize my conviction that synchronized global growth is currently underway. Revenue and earnings growth are up year-over-year, not just in the U.S. but worldwide. Despite President Donald Trump threatening to raise tariffs and tear up […]
How Quickly Do People Apply For Jobs?
from the St Louis Fed — this post authored by Paulina Restrepo-Echavarria The volume and timing of job applications provide relevant information regarding labor market conditions. Moreover, they influence the strategies employers use to fill jobs, and those of people searching for work. Using a database from DHI Group Inc.1linking nearly 80 million applications to almost […]
BiondVax And NIH Sign Clinical Trial Agreement For A Phase 2 Trial In The U.S. With BiondVax’s Universal Flu Vaccine
NESS ZIONA, Israel, November 20, 2017 /PRNewswire/ — BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV, TASE: BVXV) today announced the signing of the clinical trial agreement (CTA) for a Phase 2 clinical trial with the National Institute of Allergy and Infectious Diseases (NIAID) of the U.S. National Institutes of Health (NIH). The study is titled “A Phase II, Double-Blind, Multicenter, Randomized, Placebo-Controlled […]
