Nikkei Asian Review's William Pesek wonders if the BoJ is about to shock the markets again as pressure is mounting on Kuroda to save Abenomics...
Masaaki Shirakawa could be forgiven for some Schadenfreude. In March 2013, the then-Bank of Japan governor was shown the door by a prime minister who felt he had not eased monetary policy enough. Now his successor is starting to worry about his own job security.
Authored by Ben Hunt via Epsilon Theory blog,
What do socialism and modern monetary policy have in common? Magical thinking. For both, it’s true on the giddy years up, and it’s true on the sad years down.
"Buy and Hold"... for 17 years to turn a profit.
After a nine-day winning streak the S&P 500 Technology Sector has finaly surpassed its dotcom bubble peak. Today's 992.29 close is above the previous record of 988.49 on March 27 2000.
In an apparent nationwide system outage, Bank of America customers have been shut out from accessing their accounts and online banking on Wednesday afternoon. As of 4pm ET the outage was continuing with most online systems still frozen.
On Downdetector.com reports starting spiking after 11:30 a.m. and the website was inundated with comments from Bank of America customers around the country saying they couldn’t access online banking from their applications or computers, transfer money or deposit money or checks.
Content originally published at iBankCoin.com
Most people aren't familiar with the cryptocurrency market. They merely see the price of Bitcoins trending higher and say 'hey, that's really cool. I should buy some for my clients.'
Let me explain to you why you're a fucking moron for doing so.
The price of Bitcoins and Ethereum are totally dependent upon the ICO market. Oh, you aren't in the least familiar with this wild west "Initial Coin Offering" market?
Let me explain.