bn-qd721_dshot_ns_20161007010259

The United Kingdom Greetings, 1. We begin with the UK as the British pound just saw the largest decline since the EU Referendum vote. At around 7 PM EST, the currency dropped by 6% before recovering later in the evening. Traders blame the so-called “pound flash crash” on algo trading. 2. The market-based UK inflation

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sec-building-580x358

On Wednesday, the SEC levied fraud charges against Laurence Balter, a 46-year old Kihei, Hawaii resident and former founder, sole-owner, and principal of the now-defunct Oracle Investment Research. At its peak in February 2013, Oracle had $47 million in regulatory assets under management. Most of Balter’s clients were over 60, nearing retirement or retired. They were individual, unsophisticated investors, the SEC found, with little investing experience to speak of

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seed-investments

Every time I turn around, I find a manager looking for seed capital. Many are frustrated with what I like to call “second dollar syndrome” – the fact that everyone seems happy to be the second dollar in your fund, but few want to commit the first dollar – and dream of a seed investment

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53a9401c-297d-4f54-b85c-a7092d9179a6

Greetings, We begin with the Eurozone where the Deutsche Bank boogeyman is back. The market was shaken by the news (somewhat reminiscent of Bear Stearns in early 2008) that several large clients started reducing credit exposure to the bank. Source: Bloomberg; Read full article Deutsche shares sold off sharply in US trading. Moreover, the implied volatility

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