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Greetings, We begin with the United States where the FOMC minutes confirmed a high likelihood of a rate hike next month. However, while most members agreed that conditions for liftoff “could well be met by the time of the next meeting”, divisions within the FOMC remain. The next two paragraphs clearly outline the Fed’s dilemma as

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Those of you that have heard me speak on more than one occasion have probably heard me utter the phrase “Investing in emerging managers is like sex in high school. Lots of talk, very little action.” In full disclosure, Jim Dunn of Verger was the first to utter those words, but they are so apropos

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Alexander Brokaw contributes to The Edge on a weekly basis with his posts on the latest frauds perpetrated in the financial industry. The SEC suspended trading in the penny stock CodeSmart Holdings, Inc earlier this month, naming three more culprits in a labyrinthian pump-and-dump scheme originally unveiled last year. The scam was originated by Abraxas

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