Inflated Bond Ratings Behind 2008 Crisis May Cause New One

A major contributor to the 2008 financial crisis was collapsing bond values, as vast amounts of debt bearing investment grade ratings proved to be much riskier, and shakier, than...

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A major contributor to the 2008 financial crisis was collapsing bond values, as vast amounts of debt bearing investment grade ratings proved to be much riskier, and shakier, than the rating agencies had led investors to believe. Highly inflated bond ratings threaten to create a new financial debacle in this multi-trillion-dollar market. The leading bond rating agencies, S&P, Moody’s, Fitch, and their competitors...

How Amazon $5 Billion In Prime Day Sales Could Fire Up Sales Growth

E-commerce leader Amazon.com Inc. (AMZN) is in the midst of its latest Prime Day sale, an event that may generate $5 billion of revenue, up...

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E-commerce leader Amazon.com Inc. (AMZN) is in the midst of its latest Prime Day sale, an event that may generate $5 billion of revenue, up 56% from $3.2 billion brought in during the 2018 edition, JPMorgan estimates, as reported by Barron’s. Meanwhile, Internet Retailer magazine calculates that Prime Day was an even bigger success in 2018...

Perfect Storm Threatens Bull Market After Rallies on Fed, Trade Talks

Investor expectations of Fed rate cuts and a U.S.–China trade deal have sent stocks surging within a hair of their all-time highs. But several market...

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Investor expectations of Fed rate cuts and a U.S.–China trade deal have sent stocks surging within a hair of their all-time highs. But several market strategists say these gains are likely to be illusory and short term. Instead, a perfect storm is brewing that could hammer equity markets in the second half of the year...

9 Companies That May Be on Warren Buffett’s Takeover List

A long-established cottage industry within the investment community is trying to anticipate Warren Buffett’s next moves and to profit from them. Earlier this year, Buffett stated...

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A long-established cottage industry within the investment community is trying to anticipate Warren Buffett’s next moves and to profit from them. Earlier this year, Buffett stated that he has “hope for an elephant-sized acquisition,” per his annual letter to shareholders of Berkshire Hathaway Inc. (BRK.A). With over $112 billion in U.S. Treasury Bills and cash equivalents at year-end 2018, per its annual report,...

BitFunder Founder Pleads Guilty To US Fraud Charges

Jon Montroll, a 37-year old founder of now defunct securities investment platform BitFunder and crypto exchange WeExchange, has pleaded guilty to federal charges that he stole...

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Jon Montroll, a 37-year old founder of now defunct securities investment platform BitFunder and crypto exchange WeExchange, has pleaded guilty to federal charges that he stole his customers’ deposits and lied to US regulators investigating hackers’ theft of virtual currency. The US Attorney for the Southern District of New York said in a statement on Monday that Montroll, also known as Ukyo, who...

World’s First ICCO In Malta

The Maltese Islands keeps exercising leadership on the crypto and blockchain projects with new tech advances. On Tuesday, a company called Palladium announced the launch of...

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The Maltese Islands keeps exercising leadership on the crypto and blockchain projects with new tech advances. On Tuesday, a company called Palladium announced the launch of the project called as the world’s first Initial Convertible Coin Offering (ICCO) platform. This platform is termed as the ‘tokenized convertible warrant’ and regulated by a prospectus to be approved...

Wall Street is Losing Young Talents to the Crypto Industry

The debate in Wall Street by various financial institutions on whether to venture into the crypto industry or not is still ongoing. However, some young, talented individuals...

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The debate in Wall Street by various financial institutions on whether to venture into the crypto industry or not is still ongoing. However, some young, talented individuals have already benefited from investments made in the cryptocurrency industry within a short period, and are already quitting their jobs while reinvesting into the crypto market and setting up new businesses. According...