Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benny Gantz has threatened to leave Israel’s emergency government if Prime Minister Benjamin Netanyahu did not commit to a new plan for the war with Hamas in Gaza and its aftermath. In a televised statement…
Marina Fedorova/iStock via Getty Images SNDL Inc. (NASDAQ:SNDL) and other cannabis stocks (CGC, GRWG, VFF) rallied on renewed news of federal cannabis rescheduling. The rally was short-lived because investors need to unpack the development and see what it implies. On the surface, it seems to be a reiteration of last week’s news of rescheduling. There…
Sundry Photography Thesis In my previous article on Palantir Technologies Inc. (NYSE:PLTR) I reiterated my “strong buy” rating on the stock, citing that my estimated fair price stood at $17.04 and an estimated future price for the year 2029 of $54.12. Since that article, the stock has decreased by 10.50% due to the raised outlook…
Jitalia17 April saw a sell-off in global government debt markets, as yields on 10-year benchmark notes increased across the board. The month’s biggest mover was the yield on the U.S. Treasury, which climbed 49 basis points to 4.68% from 4.19% the month prior. The country’s inflation rate rose to 2.7% in March, while its GDP…
Rick_Jo/iStock via Getty Images Planet Labs (NYSE:PL) is a company that primarily offers high frequency geospatial data from their own constellations of satellites, available to customers through their online platform. One of many 2021 SPACs that since fell to earth, the stock has plummeted from an IPO price of $10. While too much hype dominated…
Today, the US government sent a transaction that appears to indicate it may be on the verge of liquidating the remaining Bitcoin it confiscated from the online marketplace Silk Road. According to on-chain data, a 0.001 BTC test transaction, part of a larger stash of approximately 30,174 BTC worth $2 billion, was moved. The funds…
silvermanmediaservices/iStock via Getty Images I came across Easterly Government Properties, Inc. (NYSE:DEA) while screening for high-yielding investments. DEA has many positive investment attributes such as stable, long-term tenants from the U.S. government and attractive valuations at just 10.0x Fwd P/FFO. However, my main concern is that in the past few years, costs have been rising…
How will governments function in a world that has transitioned from fiat to hyperbitcoinization? This is a question that I have thought about recently, and I wanted to think through what happens to governments on a Bitcoin standard. The questions I have are the following: how will governments fund themselves? How do your taxes work…
njgphoto/E+ via Getty Images ATRenew Inc. (NYSE:RERE) is China’s largest pre-owned consumer electronics transaction and services platform. RERE concluded FY23 with revenue of RMB12,965.8 million (+31.4% YoY), marking continued impressive performance over the past three quarters. See my previous articles here, Q3’23: Another Strong Quarter With Strong Revenue Growth, Q2’23: Strong Revenue Growth And Improved…
Douglas Rissing The Senate on Friday passed a $460 billion spending bill to keep the U.S. government operating, taking a potential shutdown for several agencies off the table for the rest of the fiscal year.” Kathy Stech Ferek, Wall Street Journal. “Friday’s measure authorizes the funding of federal agencies through the end of the current…
m63085 Continuing January’s trend, government bond markets experienced another sell-off in February. Yields on 10-year benchmark notes saw double-digit increases apart from those for Japan, which dropped by two basis points in the month prior to finish at 0.71%. The country’s inflation rate dropped to 2.2% in January, the lowest figure since March 2022, while…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The United States federal government has once again added to its substantial Bitcoin hoard, transferring $922…
kynny Veeco Instruments (NASDAQ:VECO), a supplier of semiconductor process equipment, closed the books on FY2023 with the release of the latest Form 10-K. In general, FY2023 was a good year for VECO, which found its way back to the stock with strong gains. In fact, VECO was able to grow the top and the bottom…
Renowned whistleblower Edward Snowden has made a bold prediction on X today, suggesting that a national government will enter the Bitcoin market this year by purchasing BTC. JUST IN: Edward Snowden predicts "A national government will be revealed this year to have been buying #Bitcoin without having disclosed that fact publicly." pic.twitter.com/ECauNV3DvA — Bitcoin Magazine…
Ratana21 The data sourced in the article below is derived from Lipper’s Global Fund Flows application. GFF can be found on LSEG Workspace (“FundFlows”). During LSEG Lipper’s fund-flows week that ended January 31, 2024, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the second week in three, injecting…
zimmytws By Brian Levitt, Global Market Strategist Is US debt a problem? There’s a perception, perpetuated by the media and many elected officials, that the US government debt is a looming disaster. Many even believe that a day of reckoning, when the US government collapses under the weight of its own debt, lurks. The national…
shulz Introduction Tetra Tech (NASDAQ:TTEK) is an international consultancy company founded in 1966 and listed in 1990. The company provides solutions to complex sustainability, environmental, and infrastructure challenges, and it works with clients across industries including government, industrial, mining, energy, and more. I believe Tetra Tech is a great company to own for the longer…
rarrarorro Easterly Government (NYSE:DEA) currently boasts an impressive 7.9%-yielding dividend. Despite the substantial yield and the challenges that REITs are navigating amidst heightened interest rates, I believe that Easterly Government’s dividend stands as one of the most secure high yields within the sector. I believe this is due to Easterly Government’s one-of-a-kind qualities that should…
designer491 In November, 10-year government bond yields decreased across the board. The biggest mover was the U.S. 10-year Treasury, whose mid-yields dropped 60 basis points to 4.27% from 4.87% the previous month. The country’s inflation rate fell more than expected in October to 3.2%, down from 3.7% in September. In Canada, 10-year benchmark bond yields…
Feng Li Shenzhen SASAC and Shenzhen Metro Group offered the hometown property champion their support after investors worried about its ability to repay its debt. First it was Evergrande (OTC:EGRNQ)[3333.HK], then Country Garden (OTCPK:CTRYF)[2007.HK]. Now, everyone is trying to guess who among China’s debt-challenged real estate developers will be next to fall into crisis. Once…
In a recent interview on the Coin Stories podcast hosted by Natalie Brunell, U.S. Presidential candidate Vivek Ramaswamy discussed his views on Bitcoin, why the government should leave Bitcoin alone, and the BlackRock spot Bitcoin ETF. The presidential candidate said Bitcoin “is an opt out from the broken financial architecture created by by the U.S. Federal Reserve system….
jetcityimage Motorola Solutions, Inc. (NYSE:MSI) is a Technology company operating segments within the Communications Equipment, Electronic Equipment & Instruments and Application Software Sub-industries. It has had a stable revenue increase over the past 10 years with an average growth of 4.05%. The company’s solutions include land mobile radio communications (LMR), video security products and command…
designer491 October was a mixed month for government debt markets. Ten-year benchmark bond yields for Australia, Japan and the U.S. experienced double-digit increases, while those for Europe’s peripheral countries fell across the board. The month’s biggest mover, Australia, saw the mid-yield on its 10-year benchmark note climb 50 basis points to finish at 4.95%. The…
Following the collapse of Terra Luna and FTX last year, the UK policymakers have committed to introducing a new regulatory regime for crypto assets and stablecoins to ensure sustainable and secure mainstream adoption. The United Kingdom policymakers have in the past year worked closely with different financial institutions and other stakeholders in formulating detailed regulatory…
Kevin Dietsch Introduction & Investment Thesis Palantir Technologies (NYSE:PLTR) has been one of the most controversial stocks on the market since going public in 2020. However, after reporting strong Q3 2023 earnings results, it’s clear that this underdog stock offers tremendous upside potential for investors. Their strong revenue and EPS beat, coupled with a guidance…
It is important to note that when a government agency seizes a crypto asset, it does not immediately own the assets. Ownership transfers only after a court ruling in favor of forfeiture. The United States government is among the largest Bitcoin (BTC) holders in the industry, with over 200,000 of the crypto assets stashed away…
In another unfortunate turn of events for anyone hoping their right to privacy to be protected as guaranteed by the US Constitution, the UN Declaration of Human Rights, or applicable state and federal law, the US government has argued that the disclosure of proprietary Chainalysis heuristics information in the case US vs. Sterlingov would “jeopardize…
Win McNamee/Getty Images News Government shutdown averted The House and the Senate passed a continuing resolution (a stopgap spending bill) to keep the government open for 45 days at current funding levels, with overwhelming bi-partisan support. The Congress will now have more time to pass the 12 appropriations bills (or an omnibus bill) to fund…
Receive free US politics & policy updates We’ll send you a myFT Daily Digest email rounding up the latest US politics & policy news every morning. The US Congress has voted to avert a government shutdown, after lawmakers agreed a last-minute measure that keeps the government funded until mid-November but leaves out billions of dollars…
Richard Stephen The U.S. Government appears headed for a shutdown. In this article, I discuss four potential ramifications that it might have on the REIT sector (VNQ) and then share how I am working to mitigate this risk in my portfolio. Impact #1: Interest Rates Perhaps the impact that investors are most concerned about is…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
Douglas Rissing US This will be a busy week in the US with a looming government shutdown, an expanding UAW strike, a lot of Fed speak, and an NFP report that could show hiring fell to the lowest levels since early 2021. The September jobs report is expected to show hiring slowed from a 187,000…
Douglas Rissing/iStock via Getty Images On the eve of the U.S. government potentially shutting down on Oct. 1, 2023, markets rose at the open after the Commerce Department posted core personal consumption expenditure figures. The core PCE rose by 3.9% Y/Y. This is the first time in two years that the inflation gauge fell below…
Vertigo3d Now, the argument for Artificial Intelligence (“AI”) is moving into government circles. Simon Kuper writes in the Financial Times: “Democracies tend either to act too late, or quickly but stupidly.” “That’s suboptimal, especially as life speeds up.” “AI advances almost weekly…” “So how can we make democracies faster and smarter?” The question? “How can…
Douglas Rissing The federal government is nearing its fiscal year-end on September 30, 2023. This means all eyes are on Congress as they scramble to pass the annual appropriation bills that fund government operations. Failure to do so prior to the start of the new fiscal year would trigger a government shutdown. While developments have…
Douglas Rissing/iStock via Getty Images By Brian Levitt, Global Market Strategist Congress needs to pass spending bills by September 30 to avoid a government shutdown. Some members of Congress are demanding substantial spending cuts, which may hold up passage of the bills and lead to a government shutdown. While a prolonged period of policy uncertainty…
Nadzeya Haroshka Investment Overview – BMY’s Middling Position Within Big Pharma Industry Bristol Myers Squibb (NYSE:BMY) is the US’ seventh largest pharmaceutical company by market cap, which stands at $123bn at the time of writing, with shares priced at ~$59 – down 27% from their all-time high price of $81, reached in November last year….
X has also outlined its future plans to streamline the checkmark review process for users who verify their IDs. Elon Musk‘s X, formerly Twitter, has recently launched its new account verification system using government ID. This will allow users of its premium plans to prevent impersonation while giving them additional benefits such as “prioritized support”….
Andres Victorero August was a mixed month for 10-year government bond yields, with those for Sweden climbing nearly 21 basis points to finish at 2.71%. Their U.S. Treasury equivalents saw the month’s second-highest move of over 13 basis points, ending August at 4.09%. Speaking at the Jackson Hole Symposium, Federal Reserve Chair Jerome Powell emphasized…
Igor Kutyaev Local governments have been instrumental in driving China’s remarkable economic growth over the last 30 years, in particular by providing massive public investments in critical physical and social infrastructure. Yet, amid a slowing economy and an ailing property market, debt-laden municipalities now pose a potential risk to China’s economic growth and financial stability….
Jarmo Piironen Easterly Government Properties (NYSE:DEA) improved their debt structure through the paydown of their revolving credit facility. An expected thaw in the transactional markets also enabled positive revisions to full-year guidance. And since a prior update on the stock, shares have traded down to a more attractive valuation. Despite the positive developments, I still…
This is an opinion editorial by Win Ko Ko Aung, a McCourt Scholar for Georgetown University’s Data Science for Public Policy program and a survivor of Myanmar’s 2021 military coup. The Biden administration responded to the 2021 military coup in Myanmar (also known as Burma) with rapid implementation of economic sanctions, a significant measure that…
According to the Worldcoin team, the project was fully compliant with European data rules and was supervised by the Bavarian State Office for Data Protection Supervision. Last week, OpenAI CEO Sam Altman announced the launch of Worldcoin (WLD) – a crypto project that aims to establish universal access to the global economy regardless of country…
Bitcoin is a geographic chameleon. And, as such, this “magic internet money” that lives on a decentralized, permissionless system is changing the world right in front of us. One of Bitcoin’s many superpowers is that it takes on different aliases in various cultural environments. For many comparatively-wealthy North Americans, views on Bitcoin range from an…