As mentioned yesterday, the Big Banks ETF (XLF) and Regional Banks ETF (KRE) are two of the weaker sectors. However,…
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Soft Launch of the Digital Yuan: A Shift Away From US Dollar?
On Saturday, China Construction Bank (CCB), one of the big four state-owned commercial banks, quietly opened up a wallet service…
Continue ReadingUnited Airlines plans to cut 16,000 jobs next month despite mega bailout
United Airlines said in an internal memo that it will cut over 16,000 jobs in October. The airline plans to…
Continue ReadingSvenska Handelsbanken And How To Use Book Value
Svenska Handelsbanken, based in Sweden, is one of the best-run banks in the world. We wanted to own it for…
Continue ReadingThe Three Popular Questions During A Virtual Interview
Preparing for your virtual interview: These are the questions you could be asked! Get Our Activist Investing Case Study! Get…
Continue ReadingThe Ord Oracle September 1, 2020
SPX Monitoring Purposes: Sold long SPX 8/18/20 at 3389.78=gain .49%; long 3373.43. Monitoring Purposes GOLD: Long GDX on 7/8/20 at…
Continue ReadingCan Crypto Really Bank The Unbanked?
Financial inclusion has been identified as an enabler for seven of the United Nations’ 17 Sustainable Development Goals. Unsurprisingly then,…
Continue ReadingOf $1.6B coronavirus stimulus checks sent to deceased, others may have spent $500M
The IRS started sending out the first stimulus checks in April. It was a massive task, and the agency lived…
Continue ReadingThe pound remains highly vulnerable – despite recent gains
The pound remains highly vulnerable – despite rising sharply in recent days – and families and investors need to avoid…
Continue ReadingTechnical Note on Weekly Unemployment Claims
The DOL has announced that they are changing the seasonal adjustment for unemployment claims: Beginning with the Unemployment Insurance (UI)…
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