Using Veritas to Construct the "Per…

29-04-2017 Hits:88554 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:82246 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:82139 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:86637 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:83069 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:85192 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:56294 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:84520 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:84230 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:84090 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:90578 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:88150 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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Paying subscribers who took a position against HSBC based on my research should know that I believe that this company was much too richly valued given the risk in its major revenue and profit centers and the minimal writedowns taken thus far. In addition... Bloomberg: HSBC, Royal Bank, Barclays in Financing Double Whammy as Debt, Rates Rise -

HSBC Holdings Plc, Royal Bank of Scotland Group Plc and the biggest U.K. banks face the most debt coming due in at least 10 years as the credit market seizure raises borrowing costs to the highest on record.

The six largest British banks have 54 billion pounds ($95 billion) of debt to refinance by April, triple the amount of the year-ago period, according to data compiled by Bloomberg. HSBC, the U.K.'s biggest bank, and RBS each have about 11.5 billion pounds of debt due, while Barclays Plc has 15.9 billion pounds maturing, the data show.

Financing costs are soaring as banks hoard cash after the credit crunch triggered by the U.S. subprime mortgage crisis a year ago. The three-month London interbank offered rate in dollars rose to 4.32 percent from 2.64 percent in March, while the equivalent rate for euros increased to a record 5.38 percent, from 4.74 percent six months ago.

``The banks have no idea how they are going to manage rolling over their debt,'' said Kornelius Purps, a Munich-based bond strategist at UniCredit SpA. ``The central banks will have to intervene.''

From the WSJ :

The U.K. government unveiled plans to partially nationalize major banks, with taxpayers taking a share stake in a bid to restore stability to the industry. The Treasury said eight banks have signed up for the so-called recapitalization plan, which offers up to 50 billion pounds ($87.5 billion) in the form of preference shares. The Treasury said the eight banks are Abbey, Barclays, HBOS, HSBC, Lloyds TSB, Nationwide Building Society, Royal Bank of Scotland and Standard Chartered. The Treasury also said the Bank of England will make "at least" 200 billion pounds in funds available to the banks through its Special Liquidity Scheme.

 

The Butterfly Effect offers a macro overview of HSBC's market's deterioration, and the forensic analysis explicitly outlines it. It was populary believed that they could rely on China and India for revenue growth in the capital markets and lending... 

Oct. 8, 2008

 Deepening fears over the global financial crisis sent Asian markets plunging with Japan's Nikkei dropping 9.4% to close at 9203.32, its biggest one-day percentage drop since 1987. Australia closed down 5%, South Korea ended 5.8% lower and Hong Kong was down about 7% in late trading. Indonesia's stock market was halted for only the second time in its history after shares fell more than 10%.

 In currencies, the dollar briefly fell below the 100-yen mark, while other regional currencies, including the Korean won and Australian dollar fell to multiyear lows against the greenback.

Japan's Nikkei 225 Stock Average plummeted 9.4% to close at a five-year low on deepening fears over the global financial crisis. The benchmark index on Wednesday nose-dived 952.58 points to 9203.32, the lowest finish since June 2003. The Nikkei has lost 24% in the last two weeks.

The massive selloff in Tokyo follows a plunge on Wall Street overnight, when the Dow Jones industrial average lost more than 5% despite steps by the Federal Reserve to reinvigorate dormant credit markets.

The dollar also briefly fell below ¥100 yen as the plunge in Japanese stock prices accelerated selling of major currencies against the yen in a stampede of risk-aversion.

Falls accelerated as the day progressed with the stock market in Australia ending down 5% while South Korea lost 5.8%, closing at a two-year low. India fell 5.7% and Hong Kong was off 7% at an intraday low of 15621.59 and the Shanghai Composite traded down 4%.

Trading in Indonesia's stock market was suspended after the main index skidded 10.4% -- the second time this week it has fallen by more than 10%.

  For more on Asian markets, see: http://online.wsj.com/article/SB122342399172013397.html?mod=djemalertMARKET