Bitcoin Won’t Hold Up In A Fiat Currency Crash, Says Hedge Fund Manager

As the price of Bitcoin has been s liding recently, trading near $11,670 after topping out at $19,343 December 16, Steven Englander scratches his head. With charges that suspicious trades are linked to price movements and general concern that a cryptocurrency crash could infect hard asset financial markets, Englander, the head of research and strategy at… Please follow and like us:

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Most Asia markets down after New Year rally but Hong Kong runs on

The rally across Asia that welcomed in 2018 looked to have run out of steam on Wednesday with most markets slipping into the red on profit-taking but energy shares climbed with another surge in oil prices. Strong economic fundamentals and corporate earnings as well as optimism about the impact of Donald Trump’s massive US tax cuts… Please follow and like us:

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Who Is Going To Call The Top In Bitcoin? Morgan Stanley Says They Might Have A Model

In the alternative investment industry, there is an unpublished list of all-time excellent risk management trades. There is Balyasny Asset Management logically modeling in 2015 that the US Federal Reserve withdrawing quantitative stimulus might lead to a crash and adjusting its risk management overlay accordingly. There is Jim Chanos and Kynikos Associates calling out fraud at… Please follow and like us:

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The SEC Nabs Day Trader In Brokerage Account Scheme

The Securities and Exchange Commission today charged a day trader based in the Philadelphia area with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the stock prices of various companies. The SEC alleges that Joseph P. Willner generated at least $700,000 in… Please follow and like us:

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BOA: The Three Trades We Like Best For An S&P 500 Rally

S&P 500 Rally Last week, Bank of America published a research report detailing the three trades its chief investment strategist, Michael Hartnett and team like in the current environment. The report details the three investment calls which are illustrated by 12 charts. Two of the three calls are based on existing investment strategies already detailed in… Please follow and like us:

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Deutsche Bank fined over Russian money laundering

Deutsche Bank has agreed to pay the equivalent of $630 million (585 million euros) in fines to US and British regulators over money laundering. It had failed to prevent around $10 billion (9.29 billion euros) in suspicious trades out of Russia between 2011 and 2015. One scheme involved the bank’s Moscow, London and New York offices… Please follow and like us:

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