Banks Versus Bitcoin: Advantages Of Decentralized Financial Systems

Conclusively, cryptocurrencies like Bitcoin and Ethereum have significant advantages over banks in a number of areas, including security, borderless transaction settlement, efficient payment clearance, and lack of dependence on centralized service providers or entities...

  • Mar 12, 2018 8:05 PM

Frontrunning: March 9

  • Economists Forecasting Jobless Rate of 4%, the First Time Since 2000 (WSJ)
  • Trump Launches Global Race for Exclusion From Steel Tariffs (BBG)
  • China, Europe Slam as U.S. Metalworkers Cheer (WSJ)
  • Trump’s Historic Bet on Kim Summit Shatters Decades of Orthodoxy (BBG)
  • Mar 9, 2018 8:09 AM

Trump Trade Wars Are A Perfect Smokescreen For A Market Crash

"Trump is the ideal scapegoat for the inevitable economic crisis the central bankers have staged.  Trump's tariffs might exacerbate the problem, just as Hoover's policies did in the beginning of the Great Depression, but the blame rests squarely on the Federal Reserve and central banks around the world."

  • Mar 7, 2018 9:35 PM

Frontrunning: March 7

  • Cohn’s Exit Leaves Hard-Liners Ascendant in White House (BBG)
  • Trump Alienates Allies Needed for a Trade Fight With China (WSJ)
  • Wall Street Frets About Losing White House Friends as Cohn Exits (BBG)
  • How the House Could Change Hands (WSJ)
  • South Korea's Moon says sanctions on North to stay, too early to be optimistic (Reuters)
  • Mar 7, 2018 8:00 AM

How Amazon Can Blow Up Asset Management

Jeff Bezos’ disdain for Wall Street is well known, so it’s surprising that he doesn’t appear to have set his sights on asset management. If Amazon could decimate bricks and mortar retailers, what might happen to the asset management industry, where 35% operating margins are the norm?

  • Mar 5, 2018 7:20 PM

Frontrunning: March 2

  • 'Trade wars are good, and easy to win': Trump (Reuters)
  • U.S. Allies Bristle at Trump Tariff Plan (WSJ)
  • The Biggest Problem With Trump’s Tariffs (BBG)
  • Trump’s Tariff Folly (WSJ)
  • Kushner’s Influence in West Wing Wanes After Key Allies Depart (BBG)
  • Mar 2, 2018 8:08 AM

Stocks, S&P Futures Plunge After Trump-Kuroda Double Whammy

As if markets did not have enough to worry about with this weekend's Italian election and SPD "grand coalition" referendum, overnight stocks were slammed by Trump doubling down on threats of global trade war coupled with a warning from BOJ governor Kuroda that Japan's QE may be coming to an end.

  • Mar 2, 2018 7:07 AM