Economic Data Deluge

William Arsn

Personal Income for July far outperformed expectations, coming in at +0.4{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} (-0.4{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} had been expected), marking more or less a return to before the coronavirus pandemic hit the market. It’s also a welcome rebound from the slightly upwardly revised -1.0{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} posted for June and the -4.4{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} in May. Advance Trade in […]

Ample monsoon rains push India’s summer crop plantings to record

William Arsn

NEW DELHI (Reuters) – Plentiful monsoon rains spurred Indian farmers to plant summer crops across a record swathe of farmland 7{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} bigger than last year, promising a bumper harvest in Asia’s third-biggest economy, despite the rapid spread of coronavirus. FILE PHOTO: Farmers plant saplings in a rice field on the […]

Bulls keep the reins above 77.00

William Arsn

AUD/JPY recedes from the highest levels since May 2019 flashed Thursday. Sustained trading above the 12-week-old ascending trend line keeps the bulls in control. February 2019 bottom offers immediate resistance, 21-day SMA and monthly support line could please bears below 77.00. AUD/JPY eases to 77.32 during the early Friday morning […]

3 High-Yield Mortgage REITs Paying Up To 10{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}

William Arsn

getty America’s in a dividend desert, and that’s forcing income hunters to get creative. Are 10.1{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} paying mREITs the answer? The S&P 500 hasn’t yielded this poorly (1.7{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}) in roughly a decade. T-notes deliver a fractional yield. Worse, even areas of traditionally elevated yield are offering just so-so payouts right […]

Legal Newswire

William Arsn

Enthusiast Gaming Announces Filing of Final Prospectus and Reliance on Blanket Relief Orders; and Provides Update on Financial Statements Aug 27, 2020 Legal Newswire POWERED BY LAW.COM Enthusiast Gaming Holdings Inc. is pleased to announce that it has obtained receipt for its final short-form prospectus (the “Prospectus”) filed with the securities […]

Chillies, roast chicken and the tweeting finance minister

William Arsn

© Reuters Far from the cliché of a grey-suited quiet man of numbers, South Africa’s Finance Minister Tito Mboweni appears to relish stirring up trouble on Twitter both at home and abroad. His most recent tweets to his more than 870,000 followers criticising the president of neighbouring Zambia earned him […]

Donald Trump wields fear in pitch for 4 more years

William Arsn

As he laid out his case for reelection, President Donald Trump deployed a powerful, and familiar, political tactic: fear. In a tradition-defying convention address delivered from the White House, Trump painted a grim portrait of violence in American cities run by Democrats and populated by voters who largely oppose him. Though […]

Digital finance, a lifeline during COVID-19 crisis

William Arsn

The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital finance in providing relief for millions around the world, supporting businesses and protecting jobs and livelihoods. While the pandemic demonstrates the immediate benefits of digital finance, the disruptive potential of […]