What’s Causing the “Melt-up” in the Dow Jones?

The most hated bull market in history continues to astonish the bears and proponents of sound, economic principles. After flirting with a critical psychological barrier, the venerable Dow Jones Industrial Average finally popped over the 23,000-point benchmark on Wednesday. The obvious question after Dow 23K is, what next? It’s been a remarkable year for the…

Ex JPMorgan Trader Disagrees With Jamie Dimon

In recent days, JP Morgan Chase, the bank that settles fraud cases left and right, has been on the radar. Being in the front of one’s mind is the only place that JP Morgan should be. Whether it’s fraud, deception, or both, JP Morgan CEO Jamie Dimon condones this behavior. Dimon, notorious for spooking markets,…

21st Century Fox Faces a Perfect Storm of Troubles

Over the last few days on Wall Street, 21st Century Fox strung together what has been a scarcity for the company — a consecutive winning streak. Since October 12, Fox stock gained over 2%. Although nothing to write home about, it’s certainly progress, considering the iconic firm’s exposure to the lagging entertainment and movie industry.…

Russia To Introduce Blockchain Bond

In what seems to be another advancement towards a blockchain revolution, MegaFon, a large mobile phone operator, has offered a 500-million-ruble bond based on the blockchain. This is simply a cost-effective way to bypass many of the old fundraising techniques. Blockchain bonds, especially in Russia, mean they won’t have to deal with the old archaic…