Usage of The Fed's emergency funding facility rose to a new record over $109BN...
This week saw the biggest jump in the BTFP since July. Source: Bloomberg, www.zerohedge.com
The bull market in bankruptcies...
Source: TME, TS Lombard
Yes, Hedge funds are short equities
But don't forget the bigger picture: positioning among asset managers and leveraged funds is rather long... Source: TME, JP Morgan
The gap between HYG (US High Yield) and the SPX (S&P 500) is getting wider and wider...
Source: TME
US inflation is cooling, but only slowly
From the perspective of the Fed, the figures are probably not worrying enough to trigger another interest rate hike. However, they are not good enough to sound the all-clear either, CBK says. Source: HolgerZ, Bloomberg
Survival of the fittest..
Only 31% of companies started in 1998 were still alive in 2005... Source: Brian Feroldi
JPMorgan Debuts Tokenization Platform, BlackRock Among Key Clients According to a report by cointelegraph
United States banking giant JPMorgan debuted its in-house blockchain-based tokenization application, the Tokenized Collateral Network (TCN), on Oct. 11, according to Bloomberg. TCN settled its first trade for asset management giant BlackRock. The Tokenized Collateral Network is an application that allows investors to utilize assets as collateral. Using #blockchain technology, investors can transfer collateral ownership without moving assets in underlying ledgers. In its first public collateralized trade between JPMorgan and BlackRock, the TCN turned shares of one money market fund into digital tokens, which were then transferred to Barclays bank as security for an over-the-counter derivatives exchange between the two companies. Source: www.zerohedge.com, www.cointelegraph.com
The United States is on an unsustainable fiscal path warns the IMF which projects the U.S. deficit to be 'elevated and persistent
Source: barchart, CBO
