February 19, 2021

Finance

Yahoo Finance: Dave Nadig Talks Inflation, Bitcoin & Volatility

For this week’s “ETF Report” on Yahoo Finance, with host Alexis Christoforous, ETF Trends’ CIO and Director of Research, Dave Nadig, was on hand to go over a variety of areas concerning the market, including rising interest rates, inflation, precious metals, and the continued struggles over a potential bitcoin ETF.

Starting with rising interest rates and the possible rise of inflation, Nadig feels the rising growth and earning expectations may be working for investors as far as positioning portfolios and other preparations. However, it is important to recognize that inflation may be here, but it may not be hitting the

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Why finance recruiters don’t respond to your applications

Why don’t financial services recruiters respond when you apply for jobs? The populist response to this common question usually involves some recruiter bashing, but I’d like to provide a different and more balanced perspective (if not a full-blooded case for the defence). To understand the reasons why recruiters appear to ignore you, it’s best to consider the different types of recruiter as well as the different reasons why you might be waiting on a response.

Whilst recruitment consultants (agencies) and search consultants (headhunters) are quite different in their approach, they have one important thing in common: they don’t exist to

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Why SPAC CF Finance Acquisition III’s Stock Is Trading Down Today

What happened

Shares of CF Finance Acquisition III (NASDAQ:CFAC) were trading lower on Wednesday after the special purpose acquisition company (SPAC) announced that it has struck a deal to merge with lidar maker AEye.  

As of noon EST, CF Finance Acquisition III’s shares were down about 17.1% from Tuesday’s closing price.

So what

Here’s the background. California-based AEye was started in 2013 by Luis Dussan, an engineer who had worked for years on targeting systems for military fighter jets. Of note, these are artificial intelligence-based systems that have to be able to see, identify, and respond to objects very quickly.

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Interactive Brokers chairman Thomas Peterffy on GameStop frenzy

Interactive Brokers chairman Thomas Peterffy told CNBC Wednesday that the U.S. financial system faced greater stress during the GameStop trading frenzy than is generally recognized.

“We have come dangerously close to the collapse of the entire system and the public seems to be completely unaware of that, including Congress and the regulators,” Peterffy said in an interview on “Closing Bell.”

Peterffy’s remarks came one day before the House Financial Services Committee was set to hold a hearing examining the epic short squeeze in GameStop that transpired in late January. Among those set to testify are chief executives of stock-trading app

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GameStop: US lawmakers to quiz key players from Robinhood, Reddit and finance | GameStop

Frenzied trading in the shares of GameStop and other companies will be the subject of what is expected to be a fiery hearing in Congress on Thursday, when US politicians get their first chance to quiz executives from the trading app Robinhood, Reddit and other players in the saga.

The House financial services committee will hold a hearing at noon in a first step to untangling the furore surrounding trading in GameStop, AMC cinemas and other companies whose share values soared to astronomical levels as small investors piled into the stocks.

The hearing, titled Game Stopped? Who Wins and Loses

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post-Brexit financial services deal unlikely to bring equivalence

LONDON — The U.K. and the European Union have yet to find a solution for the financial services industry after Brexit, and recent data suggests that Brussels may have the upper hand in negotiations.

It’s been a key topic of debate after the U.K.’s vote to leave the European Union in 2016. The City of London, the U.K.’s business district, wants access to the European market, given that it represents a significant part of its activities. On the other hand, the City is also a vital source of financing for European businesses.

However, Brexit has inevitably changed this relationship. By

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