News
WeWork is just the ‘tip of the iceberg.’ Here’s why one market expert thinks Silicon Valley’s business model ‘is at the beginning of a massive unraveling.’
"I think it's the entire model of the Bay area economy of rising asset prices, very high wages — most of that being stock-based — and very high real-estate prices," he told Real Vision. "It was somewhat of a virtuous cycle for most of the past 10 years — and with the...
Stablecoins Continue to Mature
More sophisticated traders have adopted stablecoins as a way to park money in the cryptocurrency market, which enables them to trade more systematically and opportunistically, according to Demirors. “Historically, that has not been a very big part of the crypto...
Victorian barley production improves, according to INTL FCStone
INTL FCStone client adviser Nicholas Orssich said Victoria had a “surprisingly” good crop this season, with yields expected to be above expectation. “If you look at Victoria’s rainfall over the past three months, it hasn’t been average rainfall, but it did come at a...
Deluard: The Tables Are Turning On Silicon Valley
Silicon Valley’s “pyramid scheme” pricing model is a massive bubble that’s about to pop, Vincent Deluard, director of global macro strategy for INTL FCStone, told Real Vision’s The One Thing. According to Deluard, WeWork (WE) and Uber (NYSE:UBER) are just the tip of...
Blockchain is Dead? Crypto Geeks Debate Merits of Once Dear Tech
“Blockchain is dead,” Meltem Demirors, chief investment officer of CoinShares Group, said on the sidelines of the conference in Times Square. “After two, three years of spending a lot of money on this and a lot of investment dollars going into this, I think the bigger...
INTL FCStone Financial Launches New Canadian Equity Trading Platform
The Maple Live platform allows U.S. clients to visualize in real time how they source liquidity intelligently for Canadian equities in multiple markets and venues, including INTL’s best-in-class pool of natural liquidity. The platform allows for passive posting in...
Grain price: November 2020 wheat rises again in the UK
According to Reuters, INTL FCStone estimates Australian wheat production at 15.54 million tonnes. That’s 19.1% lower than the official Australian estimate of 19.2 million tonnes.
PODCAST: Meltem Demirors on the 3 Things Bitcoin Represents
In this episode of Bitcoin Macro, one of the most prolific voices in the space speaks with CoinDesk’s head of strategy, Nolan Bauerle, about bitcoin as software, as a “supranational global communication network” and as an asset.
Wall Street treads water as trade-fueled rally pauses
“Investors somewhere knew that there was an existing issue regarding the rollback of these tariffs and with record highs being set, a little consolidation is to be expected,” said Michael Geraghty, capital market strategist at Cornerstone Capital Group in New York.
China to close down small slaughterhouses to control African swine fever
Even if the disease hits a small number of the companies' farms, margins are so high that profits at the other farms will more than cover the losses, Darin Friedrichs, senior analyst at INTL FCStone, said last week.