S&P futures are flat after Monday’s drop in the S&P 500 where a rout in Apple weighed on tech companies and tensions with North Korea persist; Asian stocks are modestly lower while Europe has shaken off the Korean crisis and is in the green on the back of a sharp drop in the EURUSD which has tumbled below 1.18 as the USD rises ahead of much anticipated speeches by the Fed Chair and the French president.
With emerging markets the best performing conventional asset class in 2017 by a wide margin (excluding cryptocurrencies of course), with a total return of nearly 50% YTD, performance not seen since 2009...
Authored by Mac Slavo via SHTFplan.com,
Riksbank, Sweden’s central bank, is taking a serious look at Bitcoin. As cash use plummets and the amount of currency in circulation dwindles, central banks are looking to cryptocurrencies as government-backed money.
In Sweden, the number of banknotes and coins in circulation has fallen to its lowest level in three decades.
Authored by Louis Cammarosano via Smaulgld.com,
Centralized vs Decentralized Exchanges
Up until April 2012, members of Congress and their staff were the only people in the country actually allowed to trade stocks on insider information. That was supposed to change with the passage of the STOCK (Stop Trading on Congressional Knowledge) Act which was signed into law by Barack Obama on April 4, 2012. But, as we all know, laws are only meaningful to the extent our legislators and bureaucracies are willing to enforce them.