Authored by Peter Tchir via Brean Capital,
FHLH will allow investors to participate in only the first hour and last hour of NYSE trading. This is a truly exciting and innovative product as it allows investors to capture the tension of the opening bell and the dramatic closes. It goes without saying that we will shortly be adding Inverse funds and 2x and 3x leveraged versions.
Three weeks after angering the mainstream media with his apocryphal assessment that the US "Is Headed For A Massive Recession" and that "It's A Terrible Time To Invest In Stocks", Trump is likely set to make even more waves with an interview he gave to Fortune magazine, which will be released in its entirety later this week, in which Trump says that while he likes Janet Yellen’s low interest rates, he is not a big fan of Janet Yellen herself.
Perhaps upset at the weekend's development, Russia has decided to rattle the global crude complex cage. Amid hopes of a freeze, Russia's energy minister Alexander Novak has reversed course and stated that Russia could "in theory" increase oil output and "was never ready to cut production." It appears things are rapidly breaking down between Russia and The Kingdom - which perhaps explains Obama's rapidly arranged trip to kiss the ring in Riyadh.
China Gold Yuan Trading To Boost Power In Gold and FX Markets – End Manipulation?
China launched yuan denominated gold bullion trading today in a move that will further boost its power in the global gold and fx markets. Critics of the existing pricing mechanisms hope that it will lead to increased transparency and may end price manipulation.