Keynesian Youth? Boston Fed Unleashes “Wishes & Rainbows” Children’s Story Book
“Designed to stimulate students’ imagination as they explore the economic problem of scarce resources, various methods of allocation, and how societies react to alleviate such problems,“ The Boston Fed has…
Gold Leaps, Stocks Sleep As February Bounce Burns Out
So much excitment but by the end of the month… Some high-/low-lights for February… China’s Shenzhen Composite Down 28.8% in 2 months – biggest drop since July 1994 Dow Transports…
Medical Trips: This Is How Much Nigerians Spend Annually
Nigerians spend $3 billion annually for their medical trips abroad, even in these so called “hard times” Eko Electricity Distribution Company (EKEDC) Director, Mr. George Etomi, told The Nation. Earlier…
#NoBankingDay Tomorrow: Will You Participate?
The storm has been brewing for a while now and it becomes real tomorrow Tuesday, March 1, 2016 when the Consumer Advocacy Foundation of Nigeria (CAFON) and the Coalition of…
This Digital Company Will Allow Africans In Europe Send Money Home For Free
SimbaPay, a digital money transfer provider, has expanded its instant Africa money transfer service to five new European countries (France, Germany, Ireland, Italy and Spain). With this platform, Africans living…
“The Liquidity Just Dries Up In A Stressed Market” – How HFT Killed FX Trading
Two years ago, when looking at the first available public data out of HFT frontrunning powerhouse Virtu, we observed the surge in net income from FX at the expense of…
Small Caps At Crucial Resistance – Beware Shenanigans
Amid a recent exuberant short-squeeze-driven bounce, the ‘real’ valuation of the Russell 2000 remains at insanely high levels… and gravely decoupled from credit markets… But as Dana Lyons’ explains the…
Lumber Liquidators Liquidates Guidance
Just when you thought it was safe to buy the dip and pile into this “value” stock, Lumber Liquidators does it again. On a conference call this morning, and hot…
Key Events In The Coming “Payrolls” Week
The week was supposed to start off quiet on the macro news front, but the PBOC spoiled that with an unprecedented Monday, Feb 29 RRR cut, its fifth since the…
USDJPY Spike Sparks Panic-Buying In Stocks; S&P Green
It appears the market got a hint from our tweet at 8:33 am… need some HFT momentum ignition in USDJPY soon — zerohedge (@zerohedge) February 29, 2016 … promptly going…