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CFTC.gov Commitments of Traders Reports Update
December 1, 2017--The current reports for the week of November 28, 2017 are now available.
view updates
Source: CFTC.gov
Eaton Vance Launches Floating-Rate NextSharesTM Fund
November 30, 2017--Eaton Vance Management ("Eaton Vance"), a subsidiary of Eaton Vance Corp. (NYSE: EV), today announced the launch of a new NextShares exchange-traded managed fund.
Eaton Vance Floating-Rate NextShares (Nasdaq: EVFTC) (the "Fund") seeks a high level of current income by investing primarily in income producing floating-rate loans and other floating-rate debt securities.
Methodology is based on Harvard economist's 51-page paper. view more CBO-Federal Debt and the Statutory Limit, November 2017 view more VanEck Launches Four UCITS ETFs on the Mexican Stock Exchange view more Merk Investments-Buy or Sell? A Question of Risk Management
That said, the investment industry is geared towards talking you out of that fear; after all, markets "always go up in the long run", don't they? view more Nasdaq Plans to Launch Bitcoin Futures in First Half 2018 view more
ETFs aren't always the simple index funds people think they are.
Sometimes they behave like hedge funds. Now a Northern California investment manager wants to turn them into private equity portfolios.
Source: Bloomberg
November 30, 2017--Under current law, on December 9, federal debt will be at the statutory limit and the Treasury will need to use "extraordinary measures" to continue to raise cash. Those measures would probably be exhausted in late March or early April.
The debt limit-commonly called the debt ceiling-is the maximum amount of debt that the Department of the Treasury can issue to the public or to other federal agencies. The amount is set by law and has been increased over the years to finance the government's operations. Currently, there is no statutory limit on the issuance of new federal debt because the Continuing Appropriations Act, 2018 and Supplemental Appropriations for Disaster Relief Requirements Act, 2017 (Public Law 115-56), enacted in September 2017, suspended the limit through December 8, 2017. On December 9, 2017, however, the limit will be reset to reflect cumulative borrowing through the period of suspension.
Source: Congressional Budget Office (CBO)
November 30, 2017--VanEck Investments Ltd. announces the listing of four VanEck Vectors UCITS Exchange Traded Funds (ETFs) on the Bolsa Mexicana de Valores-VanEck Vectors J.P. Morgan EM Local Currency Bond UCITS ETF (Ticker: EMLC; ISIN: IE00BDS67326), VanEck Vectors Gold Miners UCITS ETF (Ticker: GDX; ISIN: IE00BQQP9F84), VanEck Vectors Junior Gold Miners UCITS ETF (Ticker: GDXJ; ISIN: IE00BQQP9G91) and VanEck Vectors Morningstar US Wide Moat UCITS ETF (Ticker: MOAT; ISIN: IE00BQQP9H09).
All four funds are denominated in US dollar and trade in Mexican Pesos. The focus is on the listing and trading of depositary receipts. Income for VanEck's UCITS ETFs is reinvested, thus dividend withholding tax does not apply.
Source: VanEck
November 30, 2017--Whether you ride this bull market or stay on the sidelines is not a matter of brilliance, but of risk management. To illustrate, we look at lessons to be learned from the "greatest predictor" of market returns (hint: it isn't).
Nobody knows whether the market is going to plunge next year, but anyone who fears that it might may be well served taking that that into account, as staying fully invested presumably implies taking on more risk than one is comfortable with.
Source: Department of the Commerce
November 29, 2017--Separately, Cantor Fitzgerald plans derivatives based on the cryptocurrency on its exchange
Nasdaq Inc. and broker Cantor Fitzgerald LP are looking to join the rush on Wall Street to trade bitcoin, which hit a record on Wednesday.
Source: Wall Street Journal
