The Dogecoin Rally
Tesla (NASDAQ:TSLA) and
Dogecoin (CRYPTO:DOGE) this year tell us about the current, bizarre market environment? Consider a few points. To begin with, there s
Elon Musk s involvement with both, as CEO/ Technoking of Tesla and pumper of Dogecoin.
Late Tuesday night, Elon Musk to a break from his responsibilities as Tesla Technoking, CEO/CTO of SpaceX, and Saturday Night Live guest host to listen in to a Twitter Spaces conversation about Dogecoin.
The next day, Dogecoin surpassed
Bitcoin (CRYPTO:BTC) as the most heavily traded crypto coin, with $19.4 billion of it trading over the previous 24 hours.
Order Reprints Print Article
A new Securities and Exchange Commission rule sets limits on leverage. Above, the SEC’s headquarters in Washington, D.C. Zach Gibson/Bloomberg Text size
One thing that the existence of leveraged funds proves is that if investors want something, chances are the financial-services industry will find a way to provide it, even if it means bending the rules.
For over a decade, funds have been able to do an end-run around leverage restrictions by employing swaps and other derivatives financial contracts that can amplify an investor’s exposure to benchmarks such as the
When Congress created the modern fund industry with the Investment Company Act of 1940, it wasn’t envisioning swaps, which didn’t exist until 1981. In the wake of major blowups of highly leveraged closed-end funds in the 1929 crash, the new law restricted a fund’s borrowing to 50% of assets, meaning you might get a maximum of 1.5 times the upside or d
Challenging Times Ahead for Commercial Property
Getting exposure to commercial property via ETFs gave investors an opportunity to get involved in a subsector of real estate without having to purchase the property itself. Nowadays, commercial property is facing challenging times with a pandemic in tow, but hopefully, a global deployment of a vaccine can reverse the sector’s fortunes.
“Even as Covid-19 cases surge world-wide, the arrival of viable vaccines holds the promise of a return to something resembling normality by the middle of next year. But the commercial real-estate sector may never get back to normal, and that could spell trouble for banks,” a Wall Street Journal article said. “Many banks are concentrated in and dependent on commercial property lending. Banks hold half of all commercial real-estate loans. The 5,000 or so U.S. community banks, with about a third of total assets, are two to three times as concentrated in commercial real-estate lending as the approxi
Top ETF Executive Sylvia Jablonski Joins Defiance ETFs as Chief Investment Officer NEW YORK (Business Wire) Defiance today announced the addition of ETF Executive Sylvia Jablonski, as Chief Investment Officer of Defiance ETFs. “I am thrilled to join the Defiance family with the mission to evolve thematic ETFs across core sectors for the next generation of investors,” says Sylvia Jablonski, Chief Investment Officer at Defiance ETFs.
Sylvia Jablonski, Chief Investment Officer (Photo: Business Wire)
Prior to joining Defiance Sylvia was Managing Director at Direxion ETFs, advancing ETF education and strategy throughout the global financial industry including Asia and Mexico. Acknowledged as a top expert in the ETF space, she is frequently featured on CNBC, Bloomberg and Wall Street. Trailblazer Jablonski’s ETF innovation will further strengthen Defiance’s retail and institutional digital footprint.