As the 10-year Treasury yield hovers near 5%, Washington faces a growing risk: higher borrowing costs could deepen deficits and fuel a debt spiral. Scott Bessent’s is exploring unique responses including buybacks, more short-term debt, and stablecoin-driven demand for Treasury bills.
Can Scott Bessent Stop a Bond Market Debt Spiral? Read More »
Fintech is rapidly transforming the online financial sector with dozens of new companies springing up to implement radical changes to the way we bank, invest and buy. This trend is just getting started and will continue to impact our daily lives.
Fintech: The New Financial Management Disruptive Technology Read More »
Technology has brought with it many advancements and it has heavily influenced how many industries are conducting their business. Organizations that fail to incorporate technology into their way of doing business are losing out to competitors that have fully embraced technology into their daily operations.
Top Financial Trends Shaping Banking Read More »
Technology and automation have changed the way we live. Often, it has made our lives simpler in ways we are not even aware of. The financial world has experienced some major changes over the last few years, due to the explosion of digital devices made possible by technology and more compact printed circuit boards (PCBs).
5 Ways Automation Has Changed the Financial World Read More »
Bitcoin prices has been able to benefit from the “return in risk aversion” in the markets on fresh catalysts. In this article Chris Vermeulen, “The Gold and Oil Guy” takes a look at Bitcoin and some of the Trends involved.
Bitcoin: The New Safe Haven? Read More »
All of these systems paved the way for the advent of eCommerce. Imagine trying to buy something online if all we had was physical currency. It would effectively be impossible to process electronic transactions without these modern digital currency alternatives. This area is bound to explode in coming years as the desire for more electronic transactions collides with a desire for more electronic privacy.
eCommerce Trends: What’s in Your eWallet? Read More »
Although the seeds of the 2008 financial crisis were sown at a much earlier period of time, the banking institutions continued to reap the benefits of easy money until the financial crisis of 2008 negatively impacted the economy. The damage would have been much larger had U.S. taxpayer’s money not been used to bail out a large number of struggling banks and companies.
It is now more than eight years since the last financial crisis has occurred, and the current global situation is now beyond that of the financial crisis of 2008. The central banks have been able to kick the can down the road, but that has only produced such vast proportions of debt that the next financial crisis will not be manageable by the global central banks.
2008 Financial Crisis- Then vs. Now Read More »
The Bank of England’s recent announcement on interest rates represented a double-edged sword for savers. Under the new leadership of Mark Carney, the bank unveiled a radical new policy of ‘forward guidance’ that promises to keep rates on hold until official unemployment figures fall from their current rate of 7.8% to 7%. According to the bank’s predictions, this could see interest rates remain at ultra-low levels until after the 2015 General Election.
Savings Tips for Brits Read More »
Do you really want the bulk of your life savings sitting with one company? What if they go belly-up? Can you afford to have a major portion of your nest egg tied up for months while the FDIC and/or the SIPC tries to sort things out? FDIC and SIPC insurance tends to lull us into a sense of complacency… no worries… the Government will protect us. Or will they? What about Cyprus? We know they will protect the big banksters… but will they actually protect the little guy like you and me? In today’s article Dennis Miller of Casey Research looks at the steps that every investor needs to take now to protect themselves.
Bank Safety: How to Protect Your Cash in Times of Crisis Read More »
The Third Basel Accord (i.e. Basel III) is a voluntary global regulatory standard on banks requiring adequate capital and providing stress testing and market liquidity guidelines. Members of the Basel Committee on Banking Supervision agreed on the accord in 2010–11 and scheduled it to be phased in from 2013 through 2019. Basel III was developed in response to the deficiencies in financial regulation revealed by the late-2000s financial crisis. Basel III was supposed to strengthen bank capital requirements by increasing bank liquidity and bank leverage based on the specific types of assets and liabilities held by the bank rather than being based on general assumptions that all banks are the same.
What is Basel III and Will it Help Avert Another Banking Crisis? Read More »
