But Bitcoin in itself is not a ponzi scheme, it is just a technological advancement in the field
of currency sector.
Not exact matches
But there's one
sector that still runs on plastic
currency notes instead
of plastic cards: renting.
Bitcoin trader Digital CC has claimed a profitable entry into the computer - generated
currency sector, highlighting a $ 630,146 profit for three and a half months
of business, despite the vehicle through which it conducted a backdoor listing recording an $ 11.8 million loss for the financial year.
The four conglomerates originated in different
sectors, but their underlying business model is the same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and other proxies
of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible in stock and property overseas as a hedge against slower growth in China and the risk
of a weaker Chinese
currency.
The slowing
of China's growth and manufacturing
sector during the past year has hit investor sentiment towards the world's second - largest economy, causing volatility in its capital flows, putting pressure on its yuan
currency and forcing the central bank to intervene in
currency markets.
«They want to see the technology develop,» Rogoff said, adding that the private
sector has historically «invented everything» in the history
of currency, from standardized coinage to paper
currency.
According to the ETF Classification System
of Index Universe (www.indexuniverse.com), there are currently 29 China - related ETFs available on the US market - broad equity market, large - cap, small - cap,
sectors, fixed - income,
currency, leveraged, and inverse ETFs.
The renminbi was up despite mounting fears that China might have embarked on a devaluation track
of its
currency to help stabilize the local export
sector, along with alleviate deflationary pressure and incentivize inbound tourism.
A number
of factors — such as rising US interest rates, the recurrence
of big fluctuations in global
currencies, and the widening dispersion
of equity returns across
sectors and regions — may have helped to create an increasingly conducive environment for hedge - fund strategies, which have seen a positive turnaround in performance in recent quarters.
Our alpha transmission process centers on making key decisions across all four
of our alpha pods — duration,
sector allocation, yield curve and
currency.
CARACAS, May 3 (Reuters)- Venezuela said on Thursday it arrested 11 top executives
of the country's leading private bank Banesco for allegedly hurting the OPEC nation's ailing
currency, the latest move against the private
sector that unpopular leftist President Nicolas Maduro blames for a deep...
«If you have, say, a different kind
of large - cap growth strategy — maybe a
sector rotation or a
currency strategy — that's more opportunistic, there's a place for that,» he says.
You may disagree with Krugman's analysis, but it's a little disingenuous to try to denigrate and dismiss Thomas Mulcair's economic ideas when they're based on Nobel prize winning work in economics (the intellectual case, that is; the factual case that this phenomenon is occurring today, in Canada, is purely a question
of whether the appreciation
of our
currency is based on the oil and gas boom and whether a high dollar results in lower exports in other
sectors, both
of which you seem to have admitted are accurate.)
You make the classic argument that the benefits
of a booming tradable
sector such as oil and gas must, ipso facto, outweigh the decline in other
sectors — otherwise they wouldn't be generating enough demand to result in an increase in the country's
currency.
One issue is that although many
of the big institutions are curious about how bitcoin's underlying blockchain technology could revolutionize the financial
sector, bitcoin isn't widely accepted as
currency and has no intrinsic value.
Lending to oil and natural gas producers poses a bigger threat to U.S. banks than most other industrial
sectors, said Bill Haas, deputy comptroller for midsize bank supervision at the Office
of the Comptroller
of the
Currency, which regulates 1,620 national banks and thrifts.
As evidenced by the image below, interest in momentum research has taken off since the original 1993 Jegadeesh and Titman paper: Source: «Two Centuries
of Multi-Asset Momentum (Equities, Bonds,
Currencies, Commodities,
Sectors and Stocks)»
In contrast, the banking
sector had a net foreign
currency liability position before taking into account the use
of derivatives for hedging purposes and a net foreign
currency asset position
of close to zero after accounting for the use
of hedging derivatives.
Overall, the government
sector is reported to have hedged about 70 per cent
of its foreign
currency asset exposure using derivatives.
The Crypto Company describes itself as «one
of the first publicly traded technology companies in the digital
currencies and blockchain
sector, offers a portfolio
of digital assets, technologies, and consulting services to the blockchain and cryptocurrency markets.»
The
sector held foreign
currency assets equivalent to about 4 per cent
of GDP, with the majority
of these likely to reflect investments by the Australian Government's Future Fund.
The general government
sector — which consists
of national, state and local governments — had a net foreign
currency asset position equivalent to around 3 per cent
of GDP as at the end
of March 2013, before taking into account the use
of derivatives for hedging purposes (Table 2).
Diversification can notably be achieved thanks to the differences between both universes notably in terms
of currency or
sector exposure.
While the BOJ has no imminent intention to debut an official digital
currency, the bank is reportedly supporting a private
sector project to develop J - Coin, a cryptocurrency that aims to wean Japan off
of physical cash and which would be pegged in value to the yen.
A closer look at the decomposition
of nominal non-energy exports shows that the
sectors that have performed reasonably well are driven by a weaker
currency while those tied more to the level
of foreign demand have struggled to gain traction.
1) Lower economic strength in light
of the diminished medium - term growth outlook, constrained by foreign
currency shortages, high inflation, lower public
sector spending and a weak banking system.
His responsibilities include working closely with the Global Chief Investment Officer
of Fixed Income and the global fixed income portfolio teams to develop BlackRock's strategic and tactical views on
sector allocation within fixed income,
currencies and commodities.
This can offer investors multiple layers
of diversification, including geographical,
currency, and
sector, thus reducing the chances that the performance
of a single stock or instability in a single country can negatively impact the performance
of the entire portfolio.
Virtual
currency, an industry that is less than 10 years old, is a dynamic
sector with a lot
of technological change taking place.
They are designed to track the performance
of sectors, commodities, bonds,
currencies, indices and measures
of volatility.
Payments and the representation
of fiat
currency on Blockchains is a potentially significant use case for distributed ledger technology and we firmly believe that partnership between regulators, central banks and the financial services
sector will accelerate solutions to maturity.»
An appreciation
of the exchange rate means that: the increase in the domestic
currency price
of commodity exports will be less than the increase in world commodity prices; the income
of the other tradable
sector will fall; and real income gains flow to the broader economy via the associated decline in the price
of imports.
The fact that the domestic private
sector also had some foreign loan assets (as taken into account in net debt measures) would be
of little assistance in such a
currency crisis.
Conversely, inflationary pressures in the tradable
sector will be generated by any depreciation
of the exchange rate, although it can take some time for
currency movements to be reflected fully in the prices
of imported consumer goods and services (Chung, Kohler and Lewis 2011).
Despite the difficulties endured during the era
of post-Lehman austerity, commercial and private -
sector debt levels are low: Nonperforming loans are below 5 % and the banking system, unlike those
of Poland or Hungary, did not have to tackle the fallout from high levels
of foreign
currency loans, because low interest rates and a stable Czech koruna meant these weren't taken up in large quantities.
Despite the high levels
of volatility in the
sector, many investors that currently hold crypto -
currencies are looking to increase their exposure.
The sooner the public and private
sectors understand the potential
of this new technology, the better prepared they will be to mitigate its challenges and realize the benefits
of Bitcoin and other similar virtual
currencies.
As long as Canada remains weak because
of low oil prices, a weakened
currency and a general slowdown
of the world economy, we'll continue to see opportunities in the beaten down Canadian banking
sector.
While the magnitude
of this fall partly reflects the appreciation
of the
currency, it also reflects ongoing price declines associated with global overproduction and high productivity growth continuing in this
sector.
Despite having negative opinions on digital
currencies, Harker sees «tremendous potential» in the use
of distributed ledger technology for risk management in the US banking
sector, mainly because
of its ability to authenticate transactions:
The Accounting Standards Board
of Japan will create a framework to determine how the accounting
sector can address digital
currency.
With the weakening
of the lira against the dollar, the private
sector will have a harder time repaying its foreign
currency - denominated debt, S&P said, adding this would negatively impact government debt — 40 percent
of which is denominated in foreign
currency.
Over time, their portfolios are a set
of randomly selected stocks, crypto
currency,
sector - specific bets and what not.
In addition to the «huge liabilities» springing from the economy's reliance on the financial services
sector, Mr Clegg said Britain is not protected by being part
of a reserve
currency.
The governor named a close lieutenant, Ben Lawsky, to be an omnibus regulator, but he has won attention not for racking up scalps in the New York - based financial
sector but by grabbing billions through sanctions on foreign banks, and leading the discussion about policy adjustments demanded by the rise
of digital
currencies like BitCoin.
He said apart from these social intervention programmes, the NPP administration also transformed the economy «by improving on our
currency, the strength
of our cedi, the banking system and the private
sector making sure that the environment was good for businesses to flourish.»
The promise
of currency - hedging is especially alluring in the case
of US stocks because investors would like the good (quality US companies in dynamic
sectors not available in the Canadian market) without the bad (everyone «knows» the US dollar is going down the toilet).
Given the explosion
of high - quality ETFs in the marketplace,
sector - rotation strategies can be implemented to alter US equity
sectors, country exposure, fixed income
sector and rate sensitivities, and commodity and
currency exposures.
As any investor is well aware, keeping up with global politics, macro-economics, regional
currency fluctuations plus the vagaries
of sectors and individual stocks can amount to almost a full - time job.
Mr. Kohli specializes in global rates and
currencies and oversees the Portfolio Construction group, which draws on the expertise
of sector specialist teams.