A Story of a Trader Earning $100 Million
With so much of post-DoodFrank regulation in place for the Wall Street gamblers, this kind of an earning serves either as a flashback to "good" old times, when the risk was a part of the game or simply is a telling sign that even the overregulated Wall Street still likes and wants to play the financial gambling game... This means that if any other junk bonds are gonna...
Commercial Loan Growth Slows at Regional Banks
With the interest rates so low, the banks and especially the regional ones were always doomed to play the dangerous game. A trading rebound helped to create a real hike in the growth rate for the big banks in the third quarter of this year. Traditional lenders, lacking that prop, were left to continue battling superlow interest rates, offered once and not updated by the FedReserve.
Market Outlook: No Bottom Until 2017?
Based on the volatility of both the positive and negative news from Wall Street, the economy, employment numbers, commodity prices and several other indicators you can get a huge number of bearish or bullish opinions right now given . We've named some bullish investors and economists, now is the chance for bears to weigh in. If that kind of experience doesn’t get your attention, then perhaps nothing will.
A Few Ways to Pay Less in Taxes and Save Money
If you’re like a majority of Americans, you may be looking for new, creative ways to ease your annual tax burden. Fortunately, there are several things you can do to cut your taxes or increase the amount of your tax refund without incurring the wrath of the IRS. Tax credits and allowable deductions come and go as the IRS changes its rules...
Things I’ve Learned about Investing and Business
“Start-ups aren’t an object. They’re successful because of the people behind them.” Great people, fertile markets, significant innovation are the three key elements in any successful business. What a venture capitalist wants to find in a founder is a certain sort of person. These founders are not identical, but do share certain attributes. One of the longed for attributes in a business founder is a missionary attitude toward the business. Missionaries rather than mercenaries are the founders who found he startups that make the
The Dangers Of Over-Diversifying Your Portfolio
Everyone knows perfectly well that the financial experts expound on the benefits of diversification, and it's not just talk; a personal stock portfolio must be diversified to some degree lessen the inherent risk of obtaining only one or one kind of stock. But here we'll show you how investors also tend to become overdiversified and how you can maintain an appropriate balance. When we talk about diversification in a stock portfolio, we're referring to when the investor tries to reduce exposure to risk by investing in various...
Bipartisan Blockchain Caucus Launched in Congress
Yep, the virtual currency, known as Bitcoins has finally become so widespread and talked about, that the Congress became aware of it. The Blockchain which is best known for the "guts" of how bitcoin transactions are verified, recorded and transacted, can (and possibly) should be utilized to decentralize the banking system.
Data amplifiers are a thing that's just as important to follow these days as the big data and social media metrics are. In fact when we are talking about this big world of omnichannel.
When I was just a student studying the advertising at the uni back in the day, my professor used to tell me that it's only the big companies that can and must afford the luxury of a PR.