Crypto-currencies are an entirely imaginary form of money, dreamed up by pimply nerds in basements. Or so it seemed. Yet examine the algorithms behind some of the better crypto-currencies, and look in contrast at the monetary policies that have devastated the last decade. You will recognize two things. First, fiat money is fiat money, whether […]

Indian share markets continued to trade strong in the afternoon session amid strong global markets. At the closing bell, the BSE Sensex closed higher by 195 points and the NSE Nifty finished up 71 points. The S&P BSE Mid Cap finished up by 0.7% while & S&P BSE Small Cap too finished up by 0.8%. Gains were largely seen in capital goods stocks, power stocks and bank stocks. […]

The Bank of Canada’s hawkish hike has sent the loonie skyrocketing. What’s next? Here is the view from TD: Here is their view, courtesy of eFXnews: TD FX Strategy Research notes that the BoC surprised the market consensus at its September meeting hiking the policy rate another 25bp. The Bank has now removed the insurance cuts and […]

Last week Fed vice-chair Stanley Fischer announced that he will leave the board of governors next month for personal reasons and eight months before his term was to expire. The timing opens up an unprecedented fourth vacancy on the Fed board of governors. In addition, Chair Janet Yellen may not be reappointed when her term […]

Year-to-date, over $32 billion has flowed into emerging market (EM) exchange-traded funds (ETFs) in the U.S.1 As a consequence, EM equities, bonds, and foreign exchange (FX) markets are outperforming most developed markets by a sizeable margin. Despite a proliferation of choices over the last several years, WisdomTree continues to advocate a multi-asset approach to EM. Below, we contrast […]