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Today's Sponsored Insight features, Thomas Haugaard, a portfolio manager on the Emerging Markets Debt Hard Currency team at Janus Henderson Investors where he helps manage $1.3 billion just one year into the team's tenure at JHI. Thomas spent the last decade in the strategy with the same team, a prior decade in emerging markets research, and a decade before that in academia studying emerging markets. Our conversation covers Thomas' path to investing, the opportunity set and misconceptions of hard currency debt, and his team's approach to the sector. This is our third sponsored insight from Janus Henderson, following conversations with Daniel Grana on emerging market equities and Andy Acker on biotech. Those insights are replayed in the feed. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
Pre-Show Mempool Observer seems to have caught bitcoin mining pool F2pool not mining OFAC sanctioned bitcoin addresses (https://b10c.me/observations/08-missing-sanctioned-transactions/) The SEC thinks polygon and solana are securities (https://web3isgoinggreat.com/single/kraken-sued-by-us-sec) but this is likely insurance against losing an identical lawsuit against Coinbase News Binance's CEO CZ will plead guilty (https://archive.ph/gp2uM) to U.S. money laundering charges, and the exchange will pay a $4.3bn fine to settle some US allegations of ciminality (https://www.coindesk.com/consensus-magazine/2023/11/21/binances-cz-and-the-end-of-the-borderless-crypto-company/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) though SEC and CTFC lawsuits are still pending Bitrex, another non-US crypto exchange, is shutting down (https://www.theblock.co/post/263875/bittrex-global-to-wind-down-operations-urges-customers-to-withdraw-funds) Dec 4th Bhutan's bitcoin mining operation has been identified by Forbes (https://archive.ph/6yDSk) Wallet of Satoshi, a popular custodial bitcoin lightning wallet, is removing its app from US app stores (https://twitter.com/walletofsatoshi/status/1727937085741678679), as it is a not compliant with US regulations around financial custody Apple Deactivates Zeus Developer Account Following Antitrust Lawsuit by Cash App & Venmo Users (https://www.nobsbitcoin.com/apple-deactivates-zeus-developer-account/) EVAN KALOUDIS on X (https://twitter.com/evankaloudis/status/1727336468920864844) "Apparently, if you get cited in someone else's anti-trust lawsuit, Apple will deactivate your developer account without notice. Economics The Monetary Gates Are Open - Lyn Alden (https://www.lynalden.com/november-2023-newsletter/) the killer app for this technology is money: savings and payments. Bitcoin is a powerful innovation with long-term potential. Stablecoins have been a powerful bridging tool as well. Argentina's new president is a symptom of this trend towards dollarization and stablecoins are popular (https://cointelegraph.com/news/stablecoins-remain-indispensable-argentina-under-new-president-ripio-ceo) in Argential Is bitcoin entering it's epoch of diminishing returns (https://ecoinometrics.substack.com/p/bitcoin-is-falling-behind-on-the)? I guess we'll find out soon Privacy Cloudflare seems to be filtering for OFAC listed etherium addresses (https://torrentfreak.com/cloudflare-blocks-abusive-content-on-its-ethereum-gateway-231121/) via its Etherium gateway service Coincenter, a crypto lobbying group, asks is the U.S. Bank Secrecy Act constitutional? (https://www.coincenter.org/its-time-to-have-the-conversation-is-the-bank-secrecy-act-unconstitutional/) obviously not but that doesn't matter Altcoins Bitcoin Education Bitcoin Optech covers lightning offer addresses (https://bitcoinops.org/en/newsletters/2023/11/22/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)
Jonny Goulden and Saad Siddiqui discuss the latest developments in EM fixed income and how much value there is in EM local markets and hard currency bonds. Speakers Jonny Goulden, Emerging Markets Strategist Saad Siddiqui, Emerging Markets Strategist This podcast was recorded on date. This communication is provided for information purposes only. Institutional clients can view the related report at www.jpmm.com/research/content/GPS-4446987-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.
Jonny Goulden and Saad Siddiqui discuss the latest developments in EM fixed income and the divergence in performance between the local and hard currency pockets of the asset class. Speakers Jonny Goulden, Emerging Markets Strategist Saad Siddiqui, Emerging Markets Strategist This podcast was recorded on 25 May 2023. This communication is provided for information purposes only. Institutional clients can view the related report https://www.jpmm.com/research/content/GPS-4421835-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.
‘I love both of those', says Keith McLachlan of Integral Asset Management. ‘I think the starting point here has to be you're buying rand-hedge stocks.'
This episode is also available as a blog post: http://titusededjo.home.blog/2023/03/13/possess-the-kingdom-of-righteousness-with-this-hard-currency/
Hello Fam, some reviews came through that I couldn't ignore and you need to listen to them. Remember to grab your handsfree to enjoy! --- Send in a voice message: https://anchor.fm/sadiq-olamide/message
Let's know what you think of hard currency as you listen --- Send in a voice message: https://anchor.fm/sadiq-olamide/message
It's a HUGE week for Bitcoin! The Annual Bitcoin Conference is coming up. We are expecting some pretty big announcements forthcoming but we also want to catch you up with what's happened in the last few days. -An Analyst at VanEck says Gold and Bitcoin could skyrocket because of a Shift in the Paradigm of Hard Currency as a reserve asset. Full Article: https://www.vaneck.com/us/en/blogs/emerging-markets-bonds/how-one-bond-manager-values-gold-and-bitcoin/ -A former Microsoft Exec is now the CTO of Binance. -Greg Foss has launched his new Financial Education website: Looking Glass Education -The Bitcoin Conference is coming up this week in Miami! ----------------------------------------------------------- Bookmark: http://www.HotWallet.ca Follow Scott on Twitter: http://www.twitter.com/scottrades Support the show: http://www.hotwallet.shop Learn more about your ad choices. Visit megaphone.fm/adchoices
Ghana: Annual inflation for July surged to 9% from 7.8% y/y a month earlier. The main protagonist was food inflation, which increased from 7.3% to 9.5% in keeping with international trends where food prices have surged by 28% over the last year. See omnystudio.com/listener for privacy information.
SA investors sitting on cash now have an opportunity to diversify away from rand-based earnings to dollar-based earnings, explains Cloud Atlas CEO Maurice Madiba.
#93 EU Day 2 Feb celebrating Lithuania hard currency peg
Egypt: Annual inflation for November picked up to 5.7%y/y from 4.5% a month before on rising food costs which were partly driven by base effects. See omnystudio.com/listener for privacy information.
https://www.ubp.com/en/outlook2020-reset
Grant Newsham is a senior research fellow at the Japan Forum for Strategic Studies and a retired United States Marine Officer. He was the first US Marine liaison officer to the Japan Ground Self Defense force and was instrumental in promoting the JSDF’s initial moves towards an amphibious capability.
East Coast Radio — Reputation is one of our most precious assets. Your reputation speaks for you when you are not in the room, and even when you are. This week, Hixonia Nyasulu talks about one of the most hardest currency's in business - reputation.
The US currency's ascent in 2018 has surprised many analysts and investors. The reflation trade that followed the election of Donald Trump was not expected to last. Stephen Gallo of the Bank of Montreal tells Michael Hunter why the rally has endured, and outlines the wider factors setting the pace for the euro, emerging market currencies and the pound.This is the final edition of Hard Currency before the podcast is relaunched, taking a fresh approach to a wider range of markets. Please stay subscribed to be among the first to hear it. See acast.com/privacy for privacy and opt-out information.
A week before the UK poll, Sam Hill of RBC Capital Markets and Tina Fordham from Citigroup talk to Roger Blitz about how the market views a hung parliament, Brexit, Scottish nationalism and the relative health of the UK economy See acast.com/privacy for privacy and opt-out information.
As the euro once again touches new lows against the dollar, Roger Blitz discusses the resumption of euro-funded carry trade and what are the biggest factors at play with Simon Derrick, chief currency strategist at BNY Mellon. See acast.com/privacy for privacy and opt-out information.
Hard Currency is taking a short break over Easter, and will be back in the last week of April. Until then, you can read all your FX news at ft.com/fx See acast.com/privacy for privacy and opt-out information.
Delphine Strauss is joined by Simon Derrick, foreign currency strategist at Bank of New York Mellon to ask whether the US shutdown will have a lasting effect on the dollar, whether the rally in the Aussie will continue and what we should read into Beijing's decision to allow the renminbi to reach a record high See acast.com/privacy for privacy and opt-out information.
Welcome back! In this production, we offer you an analysis of US Supreme Court Justice Antonin Scalia's recent statement that the right to keep and bear arms can be "regulated". Seems odd, doesn't it, to have something defined as a "right" and yet have a political appointee say such "rights" can be "regulated"? Well we've been talking about this for a long time, and knew this kind of talk would pop up. Why? Because in the 2008 "Heller" decision, a decision many so-called conservatives applauded, Scalia said the same kind of thing. We delve into it and say "we told ya so", and get the able assistance of fellow Conspirator Kurt Hildebrandt! He's a smart guy, and shows us in the exchange he and El G have about this and more. That and music from Love and Rockets "Kundalini Express", Einsterzende Neubaten "Let's Do It A Da Da", The Psychedelic Furs "DUMBWAITERS", WIRE "Hard Currency", Marina and the Diamonds (a new band from the UK!) "Primadonna" and "Homewrecker", Goldfrapp "Lovey 2 C U", Deus "Suds and Soda", Kate Nash "Foundations" Hope you like! Thanks mucho to Kurt! Be Seeing You!
Welcome back to the gang of plotters we call the Liberty Conspiracy! In this program, we offer a podcast version of our May 1, 2012 radio show, on which Gardner Goldsmith covered breaking stories such as the revelation (which we already knew) that Nancy Pelosi lied when she claimed she was not made aware of CIA torture (oh, sorry, "enhanced interrogation in the form of waterboarding, but remember, it's not 'torture' any more, not the way it was in WWII), and we look at the lies of the current President that GM has paid back all of its TARp bailout cash -- Not true by any stretch of the imagination! Then, we take a good look at a mini debate between Ron Paul and Paul Krugman, going more in-depth and seeing who truly believes in freedom and prosperity. This is a valuable segment unto itself, and we hope you'll recommend it to others! That and music from Paul Weller ("Green" and "Around the Lake"), Plan B "Welcome to Hell", Telly Saalas "Who Loves Ya Baby?" (REALLY!), Hall and oates "Rich Girl", Government Issue "Jaded Eyes", WIRE "Comet" and "Hard Currency", Silver SUn Pickups "Panic Switch", and Paul Weller again with "No Tears to Cry" (off "Wake Up the Nation")!! Hope you like it! Be Seeing You!
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Jesus teaches that good stewardship results from wise choices which stem from a healthy relationship with God.
Jesus teaches that good stewardship results from wise choices which stem from a healthy relationship with God.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the euro and global currencies.
French President Sarkozy wasn’t kidding when he promised to shock the markets with a series of measures aimed at containing the sovereign debt crisis ...
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.
The U.S. has pressured China for some time to allow its currency, the yuan, to appreciate. ...
When Greece invented the Olympic Games in 776 BC, the top prize was an olive wreath, not gold. ...
The Federal Reserve’s Open Market Committee (FOMC) is sticking to its course for phasing out the additional purchases of Mortgage Backed Securities (MBS) ...
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds ...
Portfolio manager Axel Merk gives an update on the economy and the Merk Funds ...
The credit crisis is not last year’s nightmare - it has merely entered a new phase. ...
Just what, then, would be a strong dollar policy? ...
Who cares about the dollar? It turns out quite a few do, except for those who could put it on a course to long-term recovery. ...
Axel Merk, the president of the Merk Mutual funds, is a well-known advocate of keeping your money in hard currencies as a hedge against inflation and rampant government spending and borrowing. His two funds, the Hard Currency fund and the Asian Currency fund, have held up well in the current financial meltdown. In this interview Mr. Merk explains how the economy got to where it is and what his outlook is for how the financial meltdown will proceed. Then he will offer his recommendations for what investors should do to weather the coming storm through the use of hard currencies.
Axel Merk, the president of the Merk Mutual funds, is a well-known advocate of keeping your money in hard currencies as a hedge against inflation and rampant government spending and borrowing. His two funds, the Hard Currency fund and the Asian Currency fund, have held up well in the current financial meltdown. In this interview Mr. Merk explains how the economy got to where it is and what his outlook is for how the financial meltdown will proceed. Then he will offer his recommendations for what investors should do to weather the coming storm through the use of hard currencies.