Business

Exactly one month ago, when we learned that Goldman was looking to package its Hedge Fund VIP basket of stocks into an ETF we said, half jokingly, that we have discovered a "guaranteed way to make money: Short Goldman's "Hedge Fund VIP" ETF", adding that "with 5 of their Top 6 trades for 2016 already stopped out, and their recent heavy losses from swing-trading Gold,  one might question the demand for an ETF that tracks Goldman Sachs' hedge fund research tips, but, as Bloomberg reports,  David Kostin's "Hedge Fund Trend Monitor" report - tracking the 50 companies that matte

Bangladesh has learned a valuable lesson over the past two months: Do. Not. Trust. The. New. York. Fed.

On a quiet Friday morning in early February, a series of instructions using authenticated SWIFT codes was sent to 33 Liberty allegedly from the Bangladesh central bank requesting the transfer of nearly $1 billion from the country’s FX reserves.

By Dana Lyons of J. Lyons Fund Management

As with many indices we’ve mentioned recently, the NYSE Composite has rallied up to a potentially significant convergence of resistance.

Donald Trump is going to make America great again. But you already knew that.

The question many voters have, is how exactly he plans to do it. The frontrunner has thrown some rather vague ideas out there, some of which focus on trade. Everyone has by now heard the “Trump stump”: “We don’t win anymore. We’re getting killed on trade. We make terrible deals. We’re losing to China.”

One week ago, we were surprised to see that none other than data aggregator Factset has joined the "crusade" against fabricated non-GAAP numbers. This is what it said: