Oh JP Morgan……Not Again!
You would think that the "premier" bank (JP Morgan) led by the "premier" banking CEO (Jamie Dimon) would learn, and correct, previous...
Surprise! Another Financial Crisis.
Well, not really a surprise. The biggest surprise is that this latest financial crisis has taken so long...
$5 Billion is the New Aspirational Number for Fintech SPACs
In what is surely a MOST uncanny coincidence, two major fintech SPAC deals were recently announced at $5 Billion dollar valuations First, what are the odds, and second, HOLY CANNOLI, that's a lot of money.
Has The Fed Taken Up “Trash Talking?”
It looks like the Chairman of the Federal Reserve, Jerome Powell (or, JPow), and his new "sidekick" Treasury Secretary Janet Yellen (JYell?) have realized they may have a big problem on their hands.
A REAL Bitcoin City, Or Just a Crypto Wannabe City?
There seems to be a race on to see which city is the real "Crypto City", which of course means that city would be the coolest and most "cryptonized." Miami and its Mayor, Francis X. Suarez, kicked things off a while back when the city launched "MiamiCoin" and the mayor offered to take his salary in Bitcoin. Not to be outdone, New York City mayor-elect Eric Adams endorsed the NYCCoin (New York City Coin), offered to take his first three paychecks in Bitcoin AND declared “NYC is going to be the center of the cryptocurrency industry."
Quietly, a Massive Fundamental Way Business is Transacted is Taking Place
With news headlines blasting stories about COVID, the new Biden administration, the GameStop/Reddit/Robinhood/Market Democratization drama, Bitcoin/Elon Musk, etc., there is a huge transformation in business architecture going on..
Will Bitcoin Be Latin America’s “Euro?”
The first "radical" step in adopting a new currency took place just a few months ago when the country of El Salvador made Bitcoin legal tender. People may not remember but in January 2001, the very same El Salvador gave up control of its monetary policy, abandoned the fixed exchange rate and "dollarized" the economy, thus making the U.S. currency in El Salvador legal tender.
OpEd: How Time, Technology & Teamwork Can Help Advisors Avoid Common Mistakes During Transitions
By Michael Nessim and Val Peters Rayevskiy
Financial advisors will always consider changing firms to better their situations – even during the worst market conditions....
Reality. Will AI and the Digital World Be Able to Deal With It?
It worked. All is good. The Fed got inflation down to exactly 2% without damaging the economy.
In tandem, corporations and businesses lowered prices...
MassMutual Gets Into Bitcoin, But Let’s Dig Deeper
MassMutual spent $5M (chump change) to acquire a minority interest in NYDIG AND buy $100M of bitcoin from NYDIG's portfolio