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A smaller calendar awaits investors after another rough week
Municipals were weaker in spots Friday after another challenging week and the worst-performing first quarter since 1980. Triple-A yields rose one to three basis points amid lighter trading ahead of a smaller new-issue calendar. U.S. Treasuries saw more pronounced losses to close out the week. Muni to UST ratios were at 77% in five years,…
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Morgan Stanley aims to serve the richest of the rich as family offices grow to $5.5 trillion in assets
In this article UBSG-CH JPM MS Jed Finn, Chief Operating Officer for Morgan Stanley Wealth Management and Head of Corporate and Institutional Solutions Source: Morgan Stanley After making inroads managing money for the merely wealthy, Morgan Stanley is setting its sights on the richest of the rich — family offices with tens of billions of…
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Big banks’ earnings and a hot inflation report could sway markets in short holiday week
A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and…
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Katy Perry Seeks $19.5 Million For Dreamy Beverly Hills Post Office Estate
Having sold millions of albums, Katy Perry is now looking to sell her Beverly Hills Post Office-area mansion for millions. The celebrity retreat, priced at $19.475 million, arrives on market almost a year after the singer-songwriter handed off a second home just down the street for $7.5 million. The property on Hidden Valley Road is…
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Tishman Speyer, landlord of men accused of impersonating DHS agents won $222K judgment for unpaid rent
Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J The landlord of two Washington, D.C., men charged with impersonating Department of Homeland Security agents won a judgment for more than $222,000 in unpaid rent for the five apartments they lived in and loaned out to U.S. Secret Service agents, a court filing…
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60 Minutes feature on El Salvador’s Bitcoin Beach will air Sunday
60 Minutes, the CBS news show that has been running since 1968, will feature El Salvador’s Bitcoin Beach in a new episode airing April 10. According to a Friday post from 60 Minutes’ Twitter account, the investigative news show will air a segment on the crypto-friendly area of El Zonte, a village located in El…
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Dozens dead after missile strike on railway station in east Ukraine town
Russian missiles on Friday hit a railway station in Kramatorsk, killing dozens in the town in Ukraine’s eastern Donbas region as Moscow intensified its offensive in the east of the country. “Thousands of people were at the station during the missile strike, as residents of Donetsk province are being evacuated to safer regions of Ukraine,”…
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155 local governments lost money on public golf courses in 2020
155 local governments experienced losses in 2020 in connection with their public golf courses, in some cases losing enough money to be significant on a local scale. That’s according to a Reason Foundation report that found that of the 221 local governments that reported running golf courses in their 2020 financial statements, 155 experienced total…
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Making Monthly Income from Selling Covered Calls (Options)
This is how you can make consistent money every single month by selling option premium. You’ll see what is the best strategy when it comes to selling covered calls. Also, I’ll show you a better alternative as well. #sellingcalls #coveredcalls #callsoptions #optioncalls #optionpremium #sellingoptions Posted at: https://tradersfly.com/blog/monthly-income-from-selling-covered-calls-options ???? Newsletter & Announcements : https://tradersfly.com/go/tube/ ???? Discord…
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Calendar Call Spread: A Neutral to Bullish Strategy
Kevin Matras shows how you can profit from this easy to implement strategy, even in sideways markets.
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USVI officials say bond sale a panacea to its pension woes; skeptics remain
U.S. Virgin Islands government officials hailed its bond refinancing as a success in helping to solve the islands’ pension underfunding problem but skeptics remain on the islands’ future financials. Ramirez & Co. priced $955.545 million of Virgin Islands Matching Fund Special Purpose Securitization Corp. bonds on March 31 and the deal closed Wednesday and the…
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67% of Cardano holders underwater and most bought less than 1 year ago
As Cardano (ADA) prices fall back towards the psychological one dollar level, more and more investors are finding themselves with unrealized losses by holding on to the digital asset. Cardano’s ADA token has had a bearish week. The price has fallen 11.4% since Monday resulting in more holders being in the red. More significantly, ADA…
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Crypto trading platform eToro launches $20 million NFT fund as industry approaches inflection point
Physical artwork for a Bored Ape NFT on display at a cryptocurrency exchange in Hong Kong. Paul Yeung | Bloomberg | Getty Images Trading platform eToro unveiled a $20 million fund to purchase NFTs and bolster creators. The firm announced the launch at the Bass Contemporary Art Museum in Miami Thursday. The trading platform’s fund…
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Stock futures little changed following Thursday’s comeback as investors assess Fed plans
Traders on the floor of the NYSE, April 7, 2022. Source: NYSE U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the likelihood of tighter monetary policy from the Federal Reserve to combat inflation. Dow Jones Industrial Average futures rose 3 points, or 0.01%.…
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Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M
As told by Aid for Ukraine, a joint initiative created by the Ukrainian government, FTX, Everstake and Kuna to rally crypto donations for the country, Ethereum (ETH) co-founder Vitalik Buterin made $5 million worth of ETH donations to Ukraine in early April. According to the entity, despite the large donation sum, Buterin did not make…
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National Association Of Realtors Is Fighting A Copyright Ruling On Floor Plans
The National Association of Realtors is fighting a court ruling that says homeowners who post floor plans of their homes on Zillow, Redfin, Realtor.com and other websites could be open to copyright lawsuits. NAR today filed an amicus brief with the Supreme Court in an effort to protect American consumers from a recent decision of…
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Rising mortgage rates are causing more home sellers to lower their asking prices
Several new reports from real estate companies suggest buyers may be starting to get a break in this red-hot housing market. More listings are coming up for sale, and some sellers are lowering their asking prices. The number of new listings last week jumped 8% from a year ago, according to Realtor.com. This follows four…
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JPMorgan CEO Jamie Dimon to Shareholders: Decentralized Finance, Blockchain Are Real
JPMorgan Chase CEO Jamie Dimon sees decentralized finance (defi) and blockchain as real, new technologies that can be deployed in both private and public fashion. He also noted that JPMorgan is at the forefront of this innovation. JPMorgan’s Jamie Dimon Praises Defi and Blockchain JPMorgan CEO Jamie Dimon recognized the merit of decentralized finance (defi)…
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Nato states agree to supply heavy weapons to Ukraine
Nato member states have agreed to supply new types of advanced weaponry to Ukraine, alliance representatives have said, as Kyiv prepares for a fresh offensive by Russia in the country’s east. The pledge came after a plea from Ukraine’s foreign minister for western countries to move faster with fresh supplies or instead see “many people…
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U.S. DOT needs to clarify rules for major infrastructure grant program
The U.S. Department of Transportation needs to clarify its guidelines for one of its largest surface transportation discretionary grant programs, the Government Accountability Office said in a new report to Congress. States, cities and other entities applying for the Infrastructure for Rebuilding America program need clearer guidelines to ensure they know how to apply for…
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