The fact that real borrowing rates are so low makes this arrangement even sweeter. If their portfolio performed better than their akif tori podcast downloads borrowing costs (some as low as 0.87%), these investors would have been worse off exchanging their securities for cash. The banks who have lent money to these wealthy equity holders will now require the borrowers to post additional collateral in order to uphold their collateral margin accounts. These borrowers have the power to initiate a selloff of assets for cash if they believe the securities are heading for a dive. They probably won’t do that since they will get billed by tax authorities as soon as they sell and realize a capital gain (we are speaking of investors who have held these portfolios for decades). In the case of a selloff, market prices would drop even further causing a downward spiral for prices.
Treasuries-us Yields Fall After Jobs Report, Bank Worries Persist
On August 15, 2024, defendant Yakov Cohen was sentenced to 66 months of imprisonment to be followed by 3 years of supervised release. Restitution is likely to be determined on or before October 11, 2024. The PCE Price Index (Personal Consumption Expenditures Price Index) is a key measure of inflation in the United States and is the Federal Reserve’s preferred gauge for tracking how prices are changing for consumers. This highly anticipated report gives key insight into the upcoming direction of monetary policy, which has tremendous implications for both equity and bond valuations.
Any news related to artificial intelligence (AI) and, consequently, high-powered chips designed to process AI language models—is likely to influence market movements, particularly Nvidia’s stock price. NVDA experienced an immediate ~3% drop in value on publication of this news, indicating investors’ concerns about the intensifying competitive landscape in the AI industry. This decline was not limited to Nvidia’s stock but affected the entire market.
Differentials between the 10Y and 2Y yield are closely watched when calling out an inverted #yieldcurve. This differential rate is very close to turning positive – indicating a possible upcoming un-inversion of the yield curve, a historically accurate phenomenon preceding an upcoming #recession. The 10Y-2Y differential rate last approached positive territory during October 2023 before receding to familiar negative territory. Coincidentally (or not), #equitymarkets began their end-of-year rally the same day the differential rate began to pull back down – November 1st, 2023. Periods of economic uncertainty—marked by inflation, market volatility, and geopolitical instability—leave many investors feeling anxious and unsure.
This type of lending-borrowing activity has the potential to be very dangerous to our financial systems. Two former owners of the binary options websites BigOption and BinaryBook, together with 13 other employees, were charged in a Maryland court with one count of conspiracy to commit wire fraud and three counts of wire fraud. The Job Openings and Labor Turnover Survey (JOLTS) is a monthly report published by the U.S. Bureau of Labor Statistics (BLS) that provides detailed insights into the U.S. labor market. It measures the number of job openings, hires, and separations (which include quits, layoffs, and discharges) across various industries and regions. In today’s market, this monthly report is highly anticipated by investors and traders as it gives much insight into labor conditions of the US economy, thus also giving much insight into the direction of monetary policy (i.e. interest rates).
The court subsequently handed down an order holding Maarek liable for paying restitution to victims in the sum of $1,591,077. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. This week’s unemployment report will reflect the currently standing unemployment report for the month of April. It is a key report, focused on by all market participants worldwide, including Federal Reserve Board members.
What Do I Get With A Monthly Audible Membership?
The public is reminded that the FBI and DOJ do not call private citizens requesting money or bank account information and to never give out unsolicited requests for personal information to callers that you don’t know. Individuals receiving such calls can file a complaint through the FBl’s Internet Crime Complaint Center at or contact the DOJ at the email address below. The trade deal arrives amid a backdrop of recent US-imposed tariffs on various trading partners. While the agreement offers relief in specific sectors, the overarching 10% tariff on other UK exports remains in place. Trade experts view the deal as a strategic step forward but caution that comprehensive issues, such as digital services and broader tariff structures, are yet to be addressed.
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health. Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity.
Fresh YoY #cpi and #ppi printings have come in at 3.4% and 1%, respectively; CPI came in hotter than expected while PPI came in cooler. What’s more interesting than the nominal printings of these inflation indexes is how these indexes are trending. Considering the trailing 3-month MoM printings of CPI and PPI, inflation is trending downwards vis-a-vis an annualized rate of 1.6% and -2.4%, respectively. These figures are significantly lower than the latest YoY printings we’ve received this week (not to mention significantly lower than the #fed’s 2% inflation target rate). The major difference between YoY and trailing 3-month annualized inflation rates could suggest that inflation has been dramatically trending downwards in recent months. The #bondmarket seems to have caught on to this given a sharp increase in the 10Y-2Y spread.
The latest message deliverd this week by Jerome Powell has left financial conditions in a worrying stance. We, again, are left with persistently inverted Treasury yield curves throughout vital tenors. The FBI and DOJ have not authorized any employees or affiliates of BigOption, BinaryBook, or any other entity to act on their behalf in contacting investors.
The show will include periodic overviews of key financial market events, how to interpret those events, and educational background on variously related topics. Investors and traders are preparing for tomorrow’s Federal Open Market Committee (FOMC) press conference. Investors will closely monitor several key themes and signals, particularly in light of the evolving economic landscape. During your free trial, you can enjoy the same benefits as a paying member. When your trial is over, you’ll be automatically charged a monthly subscription fee.
GDP, this report is a key indicator for predicting future economic activity. A healthy report can potentially extinguish concerns of reduced consuming spending vis-a-vis higher anticipated import costs. Business leaders also seek his counsel when making strategic decisions during volatile periods.
Prof. Amir Yaron said that the interest rate will continue to climb and he reprimanded the banks for being slow to update interest paid on deposits. The FBI found in its investigations that Yukom brands have betrayed investors to the tune of $140 million between 2016 and 2017, while only $20 million of this amount was paid back to defrauded victims during this period. Any audiobooks you’ve purchased with cash or credits are yours to keep even after you cancel your membership. You lose access to titles from the Plus Catalogue and to any audiobook selections you have made as an Audible Standard member. You will regain access to locked titles when you are in a membership.
On November 3, 2023, defendant Nissim Alfasi was sentenced to 18 months of imprisonment to be followed by three years of supervised release. In addition, Alfasi was ordered to pay $4,679,527 in restitution. On January 2, 2024, defendant Afik Tori was sentenced to 20 months of imprisonment to be followed by three years of supervised release. On August 1, 2024, defendant Oron Montgomery was sentenced to 8 months of imprisonment to be followed by 3 years of supervised release. On July 17, 2020, defendant Anog Maarek was sentenced to eight (8) months’ imprisonment to be followed by three (3) years’ supervised release.
The indictment alleges that the conspirators worked for an Israel-based company, Yukom Communications (“Yukom”), which was involved in the sale and marketing of binary options. At her arraignment on April 20, 2023, defendant Hadas Ben Haim pled guilty to conspiracy to commit wire fraud. At a rearraignment hearing on February 2, 2024, defendant Sabrina Elofer pled guilty to conspiracy to commit wire fraud. At a rearraignment hearing on March 28, 2024, defendant Oron Montgomery pled guilty to conspiracy to commit wire fraud. On August 28, 2024, defendant Oron Montgomery was sentenced to 8 months of imprisonment to be followed by 3 years of supervised release and restitution in the amount of $2,057,605.00. The three major U.S. indices—Dow Jones 30, Nasdaq 100, and S&P 500—have experienced a significant decline following reports of Huawei Technologies’ development of a new AI chip intended to compete with Nvidia’s.