Author Archives: John Thomas

Russia Dismissing Dollar after U.S. Imposed Sanctions

Recent U.S. sanctions against Russia for, among other things, its actions in the Ukraine, have led President Putin to attempt to downplay the role of the dollar in the domestic Russian economy. While on the surface it may not seem significant that the Treasury Department announced sanctions against two individuals and one entity for “serious human rights abuses” and sanctions ...

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Federal Reserve Criticized by Wall Street on Balance Sheet Unwind

Federal Reserve

Whether it is President Trump or the powers that be on Wall Street, the Federal Reserve is taking constant heat over interest rates, its balance sheet, and just about everything else it does. Trump has tweeted many times of his disdain for the Fed’s desire to raise rates and potentially cool the economic growth. He has also questioned Chairman Powell ...

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Japan Opening Immigration Doors to Confront Labor Shortage

The Japanese economy is a microcosm of immigration and labor shortages that are hindering our own economic growth in the United States. With U.S. unemployment at a point that is believed to be normalized, the ability to obtain skilled labor is difficult to find, especially for small businesses. This is a moderation of epic proportions for the Japanese, who possess ...

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Corporate Bonds are becoming harder to come by

Individuals have debt cycles that coincide with macroeconomic issues and monetary policy. While these are the drivers, the average American really only focuses or knows one thing; interest rates. Life choices are made more difficult as rates rise. That new car or house that was on the horizon has become more difficult to afford. This premise is also true in ...

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Warren Buffett and Berkshire Hathaway move into Fintech

The “Oracle of Omaha” who made his fortune from the ideology of Graham and Dodd, is moving past Coca-Cola, Bank of America and Kraft Heinz to fintech investments made by his two lieutenants, Todd Combs and Ted Weschler. If you are interested, Berkshire Hathaway’s latest 13F filing with the SEC for Q2 2018 looks as follows. Berkshire has invested about ...

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Is there a Slump in Start-Up Companies?

Say it isn’t so. The little engines that could, which are small businesses across America, may be on a slight demise. Economists say big businesses like Amazon, Google, and Facebook are hurting entrepreneurship and creating a startup slump in America, according to a report in The New York Times. Let’s look at the numbers. In 2015, some 414,000 new businesses were ...

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The Future of Bitcoin Futures

The mad frenzy that was Bitcoin at the turn of the calendar year has not evolved quite as expected. The cryptocurrency enthusiasts sat glued to their computer screens anticipating the start of trading on the Chicago Board of Options Exchange (Cboe) at 5:00 o’clock central on December 10th. This was the climax of nirvana pursuant to the Cboe’s statement in ...

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Big Techs Race to be your One-Stop Shop Content Provider

I of low maintenance have one remote. I recently visited a friend and sat down and noticed multiple remote devices on the coffee table. She began to explain to me what duty each one performed. “This one is for Netflix, but not volume. This one gets Hulu and will do the volume, but you have to press this button to ...

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Netflix Spending Spree Raises Eyes in the Bond Markets

Michael Milken and his fellow junk bond brethren would be salivating at the markets current appetite for high yield bonds. The roaring 80’s are back led again by the big names like Uber and Netflix. The lack of supply has big investment banks jumping at the chance to bring these issues to market. Let’s look at the details of what ...

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President Trump Critical of Fed Rate Hikes

Harsh rhetoric from President Donald Trump to Federal Reserve Chairman Jerome Powell regarding interest rates and the state of the economy. The banter between the two has been rather one-sided, with the President hitting Twitter, and Powell staying relatively under the radar with comment. The Fed will be sticking to its plans to continue gradual rate hikes, according to the ...

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