Christopher Ducret

Daily State of Money Flash

Submitted by Chris Ducret on Fri, 04/24/2020 - 23:06

Your Daily Money flash covering Interest Rates, Interbank rates, Repo Rate and 1 Year WJS LIBOR.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         1.02                                                    

Repo Rate (%):                                                         0.09                                                    

WSJ 1 Year LIBOR (%): 0.97038

Hickey: "This Is A Perfect Environment For Gold"

Submitted by Chris Ducret on Fri, 04/24/2020 - 18:59

Authored by Christoph Gisiger via TheMarket.ch,

Fred Hickey, editor of the investment newsletter «The High-Tech Strategist», warns that the stock market is still in a bubble. The veteran investor says why he avoids red hot technology stocks like Amazon and instead bets his money on gold mining companies.

Here's Why The Economy Won't Recover (And No, It's Not COVID-19 Or The Lockdown)

Submitted by Chris Ducret on Fri, 04/24/2020 - 01:58

Authored by Charles Hugh Smith via OfTwoMinds blog,

When reality and truth become the sworn enemies of society's political and economic elites, the society is well and truly doomed.

The risks of Covid-19 and the lockdown have been explored across a wide spectrum of opinion. To hit just a few of too many to count:

-- Permanent loss of civil liberties under the guise of "pandemic controls."

Daily State of Money Flash

Submitted by Chris Ducret on Fri, 04/24/2020 - 01:53

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         1.04                                                    

Repo Rate (%):                                                         0.09                                                    

Mechanisms In The ETF Market, And How They Could Break

Submitted by Chris Ducret on Fri, 04/24/2020 - 01:46

Submitted by Peter Garnry of Saxo Bank

Summary: Many market participants with exposure in exchange traded funds (ETFs) tracking oil futures have been surprised by recent events - with yesterday's temporary trading halt in a major ETF tracking US oil futures as the latest. For traders with interest in ETFs it is important to understand the underlying mechanisms - especially for ETFs tracking derivatives.

Daily State of Money Flash

Submitted by Chris Ducret on Thu, 04/23/2020 - 00:55

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         1.1                                                    

Repo Rate (%):                                                         0.09