Despite persistent media fears about a trade war being the death of the global economy, spot and option trades around USD/JPY are seeing blue (or green) skis ahead. The Yen, typically a barometer of risk sentiment and seen as a bit of a haven asset, continues to weaken and fell to the lowest levels against the USD on Wednesday since early January. In alignment with a higher spot USDJPY was the US Treasury 2-year yields. The US PPI final figures showed the highest demand since 2011. ...
The rate at which Apple refreshes its hardware has come under fire in recent weeks. While we’ve noted that the company’s laptops are mostly reasonably new, there are some old MacBook Pros in need of a refresh and the Mac Pro desktop is now nearly three years’ old. A new report from Bloomberg claims that Apple will refresh its entire MacBook Pro line this fall, with a ...
• Fund managers lose out from benchmarking (FT) see also The Pitfalls of Benchmarking (A Wealth of Common Sense) • A Cheaper Way to Battle Recession (Bloomberg View) • The Amazon Tax (Stratechery) • Why Don’t Investors Stay True to Their Principles? Think Self-Deception (Think Advisor) see also Buy & Hold Can Be Risky, Too (Capital Spectator) • How Americans’ Perceptions of the Economy Have Changed in Just Three Months (Real Time Economics) ...
• Stocks Rise 3%, Leaving S&P 500 Flat on Year (Barron’s) • How Esurance Lost Its Mascot to the Internet (Priceonomics) • One Way to Unrig Stock Trading (NYT) • The Terminal Patient: Is Bloomberg’s Return Good or Bad for Bloomberg? (Spiegel) • As Oil Money Melts, Alaska Mulls First Income Tax in 35 Years (NYT) • Minimum Wage Going Up In 14 States At Start Of 2016 (Huffington Post) • NRA’s Wayne Lapierre Gets Paid ...
Chinese e-commerce giant Alibaba Group has raised $8 billion in its first-ever bond offering, Bloomberg reported on Thursday evening. Chinese e-commerce giant Alibaba Group has raised $8 billion in its first-ever bond offering, Bloomberg reported on Thursday evening. Alibaba received $57 billion in orders for the six-part bond offering, which will be used used to refinance the company’s existing credit facilities. At ...
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