According to the bank's research, 40% of Australians are \"extremely willing\"<\/em> for payments to be slower as long as the delay was to protect them from bad actors.<\/p>\n\n\n\n
Half the reported scam funds to the Australian Financial Crimes Exchange involved cryptocurrency. <\/p>\n","post_title":"NAB's Scam Alerts Halt $270M In Crypto Scam Transactions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nabs-scam-alerts-halt-270m-in-crypto-scam-transactions","to_ping":"","pinged":"","post_modified":"2023-07-18 22:58:11","post_modified_gmt":"2023-07-18 12:58:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cWhile many customers ultimately complete their payment after receiving a prompt, we\u2019re seeing around $290,000 worth of payments abandoned daily. This tells us that customers are taking the time to stop and think before they make a payment.\" <\/em>NAB's Executive added.<\/p>\n\n\n\n
According to the bank's research, 40% of Australians are \"extremely willing\"<\/em> for payments to be slower as long as the delay was to protect them from bad actors.<\/p>\n\n\n\n
Half the reported scam funds to the Australian Financial Crimes Exchange involved cryptocurrency. <\/p>\n","post_title":"NAB's Scam Alerts Halt $270M In Crypto Scam Transactions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nabs-scam-alerts-halt-270m-in-crypto-scam-transactions","to_ping":"","pinged":"","post_modified":"2023-07-18 22:58:11","post_modified_gmt":"2023-07-18 12:58:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cWhile many customers ultimately complete their payment after receiving a prompt, we\u2019re seeing around $290,000 worth of payments abandoned daily. This tells us that customers are taking the time to stop and think before they make a payment.\" <\/em>NAB's Executive added.<\/p>\n\n\n\n
According to the bank's research, 40% of Australians are \"extremely willing\"<\/em> for payments to be slower as long as the delay was to protect them from bad actors.<\/p>\n\n\n\n
Half the reported scam funds to the Australian Financial Crimes Exchange involved cryptocurrency. <\/p>\n","post_title":"NAB's Scam Alerts Halt $270M In Crypto Scam Transactions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nabs-scam-alerts-halt-270m-in-crypto-scam-transactions","to_ping":"","pinged":"","post_modified":"2023-07-18 22:58:11","post_modified_gmt":"2023-07-18 12:58:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cIntroducing payment prompts, taking action on spoofing, and stopping the use of links in unexpected text messages are among key measures we\u2019ve introduced recently. We\u2019re now also taking action to block some payments to high-risk cryptocurrency exchanges in a further effort to stop scammers,\u201d<\/em> Mr Sheehan said.<\/p>\n\n\n\n
Australians Prefer Safety<\/h2>\n\n\n\n
\u201cWhile many customers ultimately complete their payment after receiving a prompt, we\u2019re seeing around $290,000 worth of payments abandoned daily. This tells us that customers are taking the time to stop and think before they make a payment.\" <\/em>NAB's Executive added.<\/p>\n\n\n\n
According to the bank's research, 40% of Australians are \"extremely willing\"<\/em> for payments to be slower as long as the delay was to protect them from bad actors.<\/p>\n\n\n\n
Half the reported scam funds to the Australian Financial Crimes Exchange involved cryptocurrency. <\/p>\n","post_title":"NAB's Scam Alerts Halt $270M In Crypto Scam Transactions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nabs-scam-alerts-halt-270m-in-crypto-scam-transactions","to_ping":"","pinged":"","post_modified":"2023-07-18 22:58:11","post_modified_gmt":"2023-07-18 12:58:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
NAB's Executive for Group Investigations and Fraud, Chris Sheehan, mentioned the measures implemented by the bank in the last six months to combat scams are \"having an impact to protect customers\"<\/em><\/p>\n\n\n\n
\u201cIntroducing payment prompts, taking action on spoofing, and stopping the use of links in unexpected text messages are among key measures we\u2019ve introduced recently. We\u2019re now also taking action to block some payments to high-risk cryptocurrency exchanges in a further effort to stop scammers,\u201d<\/em> Mr Sheehan said.<\/p>\n\n\n\n
Australians Prefer Safety<\/h2>\n\n\n\n
\u201cWhile many customers ultimately complete their payment after receiving a prompt, we\u2019re seeing around $290,000 worth of payments abandoned daily. This tells us that customers are taking the time to stop and think before they make a payment.\" <\/em>NAB's Executive added.<\/p>\n\n\n\n
According to the bank's research, 40% of Australians are \"extremely willing\"<\/em> for payments to be slower as long as the delay was to protect them from bad actors.<\/p>\n\n\n\n
Half the reported scam funds to the Australian Financial Crimes Exchange involved cryptocurrency. <\/p>\n","post_title":"NAB's Scam Alerts Halt $270M In Crypto Scam Transactions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nabs-scam-alerts-halt-270m-in-crypto-scam-transactions","to_ping":"","pinged":"","post_modified":"2023-07-18 22:58:11","post_modified_gmt":"2023-07-18 12:58:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The NAB app recorded that customers stopped 12% of payments upon receiving real-time payment prompts, indicating they are pausing to reconsider before proceeding. This shows that customers are taking the time to reconsider before proceeding. The move indicates that customers are taking the time to think twice before proceeding with transactions.<\/p>\n\n\n\n
NAB's Executive for Group Investigations and Fraud, Chris Sheehan, mentioned the measures implemented by the bank in the last six months to combat scams are \"having an impact to protect customers\"<\/em><\/p>\n\n\n\n
\u201cIntroducing payment prompts, taking action on spoofing, and stopping the use of links in unexpected text messages are among key measures we\u2019ve introduced recently. We\u2019re now also taking action to block some payments to high-risk cryptocurrency exchanges in a further effort to stop scammers,\u201d<\/em> Mr Sheehan said.<\/p>\n\n\n\n
Australians Prefer Safety<\/h2>\n\n\n\n
\u201cWhile many customers ultimately complete their payment after receiving a prompt, we\u2019re seeing around $290,000 worth of payments abandoned daily. This tells us that customers are taking the time to stop and think before they make a payment.\" <\/em>NAB's Executive added.<\/p>\n\n\n\n
According to the bank's research, 40% of Australians are \"extremely willing\"<\/em> for payments to be slower as long as the delay was to protect them from bad actors.<\/p>\n\n\n\n
Half the reported scam funds to the Australian Financial Crimes Exchange involved cryptocurrency. <\/p>\n","post_title":"NAB's Scam Alerts Halt $270M In Crypto Scam Transactions","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nabs-scam-alerts-halt-270m-in-crypto-scam-transactions","to_ping":"","pinged":"","post_modified":"2023-07-18 22:58:11","post_modified_gmt":"2023-07-18 12:58:11","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12584","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In the days ahead, the U.S. stock market will also be hypersensitive to FED comments. However, prices and producer prices data provided evidence that inflation cooled more than expected, stoking hopes that the U.S. Federal Reserve will soon end its monetary policy tightening. However, markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a great chance that interest rates will stay unchanged at the September, November, and December meetings.<\/p>\n","post_title":"U.S. Stocks Are Advancing At The Start Of The Earnings Season; Here's What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-advancing-at-the-start-of-the-earnings-season-heres-what-to-expect","to_ping":"","pinged":"","post_modified":"2023-07-19 15:44:48","post_modified_gmt":"2023-07-19 05:44:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12610","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12584,"post_author":"15","post_date":"2023-07-18 22:58:03","post_date_gmt":"2023-07-18 12:58:03","post_content":"\n
Goldman Sachs, International Business Machines (IBM), Netflix, Tesla, Blackstone (BX), Johnson & Johnson, Philip Morris International (PM), Newmont (NEM), and American Express are among the companies scheduled to report quarterly results by the end of this trading week. A positive financial performance among these companies could lift shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n
In the days ahead, the U.S. stock market will also be hypersensitive to FED comments. However, prices and producer prices data provided evidence that inflation cooled more than expected, stoking hopes that the U.S. Federal Reserve will soon end its monetary policy tightening. However, markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a great chance that interest rates will stay unchanged at the September, November, and December meetings.<\/p>\n","post_title":"U.S. Stocks Are Advancing At The Start Of The Earnings Season; Here's What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-advancing-at-the-start-of-the-earnings-season-heres-what-to-expect","to_ping":"","pinged":"","post_modified":"2023-07-19 15:44:48","post_modified_gmt":"2023-07-19 05:44:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12610","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12584,"post_author":"15","post_date":"2023-07-18 22:58:03","post_date_gmt":"2023-07-18 12:58:03","post_content":"\n
Goldman Sachs, International Business Machines (IBM), Netflix, Tesla, Blackstone (BX), Johnson & Johnson, Philip Morris International (PM), Newmont (NEM), and American Express are among the companies scheduled to report quarterly results by the end of this trading week. A positive financial performance among these companies could lift shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n
In the days ahead, the U.S. stock market will also be hypersensitive to FED comments. However, prices and producer prices data provided evidence that inflation cooled more than expected, stoking hopes that the U.S. Federal Reserve will soon end its monetary policy tightening. However, markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a great chance that interest rates will stay unchanged at the September, November, and December meetings.<\/p>\n","post_title":"U.S. Stocks Are Advancing At The Start Of The Earnings Season; Here's What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-advancing-at-the-start-of-the-earnings-season-heres-what-to-expect","to_ping":"","pinged":"","post_modified":"2023-07-19 15:44:48","post_modified_gmt":"2023-07-19 05:44:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12610","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12584,"post_author":"15","post_date":"2023-07-18 22:58:03","post_date_gmt":"2023-07-18 12:58:03","post_content":"\n
\"Investors are looking at the fact that the economy has been resilient, and corporate earnings so far are coming in pretty well. The tech-heavy Nasdaq led Wall Street higher, supported by mega-cap growth stocks including Apple and Tesla, ahead of quarterly results from industry heavyweights through the week.\"<\/em><\/p>\n\n\n\n<\/figure>\n\n\n\n
Goldman Sachs, International Business Machines (IBM), Netflix, Tesla, Blackstone (BX), Johnson & Johnson, Philip Morris International (PM), Newmont (NEM), and American Express are among the companies scheduled to report quarterly results by the end of this trading week. A positive financial performance among these companies could lift shares on Wall Street even more, and investors will watch guidance carefully from these companies to determine if profit margins remain healthy and strong.<\/p>\n\n\n\n
In the days ahead, the U.S. stock market will also be hypersensitive to FED comments. However, prices and producer prices data provided evidence that inflation cooled more than expected, stoking hopes that the U.S. Federal Reserve will soon end its monetary policy tightening. However, markets are pricing a 90% chance that Fed policymakers will raise interest rates by 25 basis points on July 26. Still, there is also a great chance that interest rates will stay unchanged at the September, November, and December meetings.<\/p>\n","post_title":"U.S. Stocks Are Advancing At The Start Of The Earnings Season; Here's What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-are-advancing-at-the-start-of-the-earnings-season-heres-what-to-expect","to_ping":"","pinged":"","post_modified":"2023-07-19 15:44:48","post_modified_gmt":"2023-07-19 05:44:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12610","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12584,"post_author":"15","post_date":"2023-07-18 22:58:03","post_date_gmt":"2023-07-18 12:58:03","post_content":"\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
While this landmark agreement has generally been met with support from the financial industry, concerns have been raised by various lobby groups and industry experts about leverage limits on loan origination funds. As the agreement undergoes formal approval and implementation, continuous assessment and adaptability will be key to ensuring it achieves its intended objectives effectively and sustainably.<\/p>\n","post_title":"EU Aims To Stimulate Economy With Eased Rules For Alternative Investments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eu-aims-to-stimulate-economy-with-eased-rules-for-alternative-investments","to_ping":"","pinged":"","post_modified":"2023-07-24 12:01:21","post_modified_gmt":"2023-07-24 02:01:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12610,"post_author":"14","post_date":"2023-07-19 15:44:42","post_date_gmt":"2023-07-19 05:44:42","post_content":"\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
The revised AIFMD includes new rules about funds that issue new loans. These rules entail higher requirements for reserving funds to cope with liquidity demands in stressed markets. Additionally, the agreement limits the debt levels, or leverage, that these loan-issuing funds can hold. Striking the right balance with these measures is crucial, as they can impact the availability of credit and financing options for EU businesses.<\/p>\n\n\n\n
While this landmark agreement has generally been met with support from the financial industry, concerns have been raised by various lobby groups and industry experts about leverage limits on loan origination funds. As the agreement undergoes formal approval and implementation, continuous assessment and adaptability will be key to ensuring it achieves its intended objectives effectively and sustainably.<\/p>\n","post_title":"EU Aims To Stimulate Economy With Eased Rules For Alternative Investments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eu-aims-to-stimulate-economy-with-eased-rules-for-alternative-investments","to_ping":"","pinged":"","post_modified":"2023-07-24 12:01:21","post_modified_gmt":"2023-07-24 02:01:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12610,"post_author":"14","post_date":"2023-07-19 15:44:42","post_date_gmt":"2023-07-19 05:44:42","post_content":"\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
The agreement has addressed concerns about \"delegation\" rules for managers outside the EU. These managers often pick assets for funds listed within the EU, particularly in financial centres like Luxembourg and Dublin. Fears had arisen that this delegation rules might become more stringent after Brexit, but the agreement has steered clear of such an outcome. This move offers relief to London-based managers who run many funds listed in the EU.<\/p>\n\n\n\n
The revised AIFMD includes new rules about funds that issue new loans. These rules entail higher requirements for reserving funds to cope with liquidity demands in stressed markets. Additionally, the agreement limits the debt levels, or leverage, that these loan-issuing funds can hold. Striking the right balance with these measures is crucial, as they can impact the availability of credit and financing options for EU businesses.<\/p>\n\n\n\n
While this landmark agreement has generally been met with support from the financial industry, concerns have been raised by various lobby groups and industry experts about leverage limits on loan origination funds. As the agreement undergoes formal approval and implementation, continuous assessment and adaptability will be key to ensuring it achieves its intended objectives effectively and sustainably.<\/p>\n","post_title":"EU Aims To Stimulate Economy With Eased Rules For Alternative Investments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eu-aims-to-stimulate-economy-with-eased-rules-for-alternative-investments","to_ping":"","pinged":"","post_modified":"2023-07-24 12:01:21","post_modified_gmt":"2023-07-24 02:01:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12610,"post_author":"14","post_date":"2023-07-19 15:44:42","post_date_gmt":"2023-07-19 05:44:42","post_content":"\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
One of the crucial aspects of the revised AIFMD is the requirement for European asset managers to disclose more details to regulators about their investments in private funds outside the EU, such as the US or UK. The increased transparency aims to strengthen regulatory oversight and ensure investments are made responsibly and in line with EU standards.<\/p>\n\n\n\n
The agreement has addressed concerns about \"delegation\" rules for managers outside the EU. These managers often pick assets for funds listed within the EU, particularly in financial centres like Luxembourg and Dublin. Fears had arisen that this delegation rules might become more stringent after Brexit, but the agreement has steered clear of such an outcome. This move offers relief to London-based managers who run many funds listed in the EU.<\/p>\n\n\n\n
The revised AIFMD includes new rules about funds that issue new loans. These rules entail higher requirements for reserving funds to cope with liquidity demands in stressed markets. Additionally, the agreement limits the debt levels, or leverage, that these loan-issuing funds can hold. Striking the right balance with these measures is crucial, as they can impact the availability of credit and financing options for EU businesses.<\/p>\n\n\n\n
While this landmark agreement has generally been met with support from the financial industry, concerns have been raised by various lobby groups and industry experts about leverage limits on loan origination funds. As the agreement undergoes formal approval and implementation, continuous assessment and adaptability will be key to ensuring it achieves its intended objectives effectively and sustainably.<\/p>\n","post_title":"EU Aims To Stimulate Economy With Eased Rules For Alternative Investments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eu-aims-to-stimulate-economy-with-eased-rules-for-alternative-investments","to_ping":"","pinged":"","post_modified":"2023-07-24 12:01:21","post_modified_gmt":"2023-07-24 02:01:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12610,"post_author":"14","post_date":"2023-07-19 15:44:42","post_date_gmt":"2023-07-19 05:44:42","post_content":"\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
The agreement between EU states and the European Parliament seeks to update the Alternative Investment Fund Managers Directive (AIFMD). This directive covers various investment types, including hedge, private equity, private debt, and real estate funds. By modernizing the AIFMD, the EU aims to facilitate investment in a more diverse range of assets, thus potentially boosting the European economy.<\/p>\n\n\n\n
One of the crucial aspects of the revised AIFMD is the requirement for European asset managers to disclose more details to regulators about their investments in private funds outside the EU, such as the US or UK. The increased transparency aims to strengthen regulatory oversight and ensure investments are made responsibly and in line with EU standards.<\/p>\n\n\n\n
The agreement has addressed concerns about \"delegation\" rules for managers outside the EU. These managers often pick assets for funds listed within the EU, particularly in financial centres like Luxembourg and Dublin. Fears had arisen that this delegation rules might become more stringent after Brexit, but the agreement has steered clear of such an outcome. This move offers relief to London-based managers who run many funds listed in the EU.<\/p>\n\n\n\n
The revised AIFMD includes new rules about funds that issue new loans. These rules entail higher requirements for reserving funds to cope with liquidity demands in stressed markets. Additionally, the agreement limits the debt levels, or leverage, that these loan-issuing funds can hold. Striking the right balance with these measures is crucial, as they can impact the availability of credit and financing options for EU businesses.<\/p>\n\n\n\n
While this landmark agreement has generally been met with support from the financial industry, concerns have been raised by various lobby groups and industry experts about leverage limits on loan origination funds. As the agreement undergoes formal approval and implementation, continuous assessment and adaptability will be key to ensuring it achieves its intended objectives effectively and sustainably.<\/p>\n","post_title":"EU Aims To Stimulate Economy With Eased Rules For Alternative Investments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eu-aims-to-stimulate-economy-with-eased-rules-for-alternative-investments","to_ping":"","pinged":"","post_modified":"2023-07-24 12:01:21","post_modified_gmt":"2023-07-24 02:01:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12610,"post_author":"14","post_date":"2023-07-19 15:44:42","post_date_gmt":"2023-07-19 05:44:42","post_content":"\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
In a significant development for the financial industry, the European Union (EU) has reached a landmark agreement on revising its rules for hedge funds and other alternative investments. The agreement aims to ease industry fears of a post-Brexit crackdown on managers in London. It seeks to bolster the EU economy by enabling investments in various assets. This article delves into the key aspects of the agreement, highlighting its potential benefits and analyzing the concerns raised by industry experts.<\/p>\n\n\n\n
The agreement between EU states and the European Parliament seeks to update the Alternative Investment Fund Managers Directive (AIFMD). This directive covers various investment types, including hedge, private equity, private debt, and real estate funds. By modernizing the AIFMD, the EU aims to facilitate investment in a more diverse range of assets, thus potentially boosting the European economy.<\/p>\n\n\n\n
One of the crucial aspects of the revised AIFMD is the requirement for European asset managers to disclose more details to regulators about their investments in private funds outside the EU, such as the US or UK. The increased transparency aims to strengthen regulatory oversight and ensure investments are made responsibly and in line with EU standards.<\/p>\n\n\n\n
The agreement has addressed concerns about \"delegation\" rules for managers outside the EU. These managers often pick assets for funds listed within the EU, particularly in financial centres like Luxembourg and Dublin. Fears had arisen that this delegation rules might become more stringent after Brexit, but the agreement has steered clear of such an outcome. This move offers relief to London-based managers who run many funds listed in the EU.<\/p>\n\n\n\n
The revised AIFMD includes new rules about funds that issue new loans. These rules entail higher requirements for reserving funds to cope with liquidity demands in stressed markets. Additionally, the agreement limits the debt levels, or leverage, that these loan-issuing funds can hold. Striking the right balance with these measures is crucial, as they can impact the availability of credit and financing options for EU businesses.<\/p>\n\n\n\n
While this landmark agreement has generally been met with support from the financial industry, concerns have been raised by various lobby groups and industry experts about leverage limits on loan origination funds. As the agreement undergoes formal approval and implementation, continuous assessment and adaptability will be key to ensuring it achieves its intended objectives effectively and sustainably.<\/p>\n","post_title":"EU Aims To Stimulate Economy With Eased Rules For Alternative Investments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eu-aims-to-stimulate-economy-with-eased-rules-for-alternative-investments","to_ping":"","pinged":"","post_modified":"2023-07-24 12:01:21","post_modified_gmt":"2023-07-24 02:01:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12610,"post_author":"14","post_date":"2023-07-19 15:44:42","post_date_gmt":"2023-07-19 05:44:42","post_content":"\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
The agreement seeks to boost the EU economy by making investing in a broader range of assets easier.<\/li>\n<\/ul>\n\n\n\n
In a significant development for the financial industry, the European Union (EU) has reached a landmark agreement on revising its rules for hedge funds and other alternative investments. The agreement aims to ease industry fears of a post-Brexit crackdown on managers in London. It seeks to bolster the EU economy by enabling investments in various assets. This article delves into the key aspects of the agreement, highlighting its potential benefits and analyzing the concerns raised by industry experts.<\/p>\n\n\n\n
The agreement between EU states and the European Parliament seeks to update the Alternative Investment Fund Managers Directive (AIFMD). This directive covers various investment types, including hedge, private equity, private debt, and real estate funds. By modernizing the AIFMD, the EU aims to facilitate investment in a more diverse range of assets, thus potentially boosting the European economy.<\/p>\n\n\n\n
One of the crucial aspects of the revised AIFMD is the requirement for European asset managers to disclose more details to regulators about their investments in private funds outside the EU, such as the US or UK. The increased transparency aims to strengthen regulatory oversight and ensure investments are made responsibly and in line with EU standards.<\/p>\n\n\n\n
The agreement has addressed concerns about \"delegation\" rules for managers outside the EU. These managers often pick assets for funds listed within the EU, particularly in financial centres like Luxembourg and Dublin. Fears had arisen that this delegation rules might become more stringent after Brexit, but the agreement has steered clear of such an outcome. This move offers relief to London-based managers who run many funds listed in the EU.<\/p>\n\n\n\n
The revised AIFMD includes new rules about funds that issue new loans. These rules entail higher requirements for reserving funds to cope with liquidity demands in stressed markets. Additionally, the agreement limits the debt levels, or leverage, that these loan-issuing funds can hold. Striking the right balance with these measures is crucial, as they can impact the availability of credit and financing options for EU businesses.<\/p>\n\n\n\n
While this landmark agreement has generally been met with support from the financial industry, concerns have been raised by various lobby groups and industry experts about leverage limits on loan origination funds. As the agreement undergoes formal approval and implementation, continuous assessment and adaptability will be key to ensuring it achieves its intended objectives effectively and sustainably.<\/p>\n","post_title":"EU Aims To Stimulate Economy With Eased Rules For Alternative Investments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eu-aims-to-stimulate-economy-with-eased-rules-for-alternative-investments","to_ping":"","pinged":"","post_modified":"2023-07-24 12:01:21","post_modified_gmt":"2023-07-24 02:01:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12610,"post_author":"14","post_date":"2023-07-19 15:44:42","post_date_gmt":"2023-07-19 05:44:42","post_content":"\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
European Union agrees on revising post-Brexit rules for hedge fund managers and alternative investments.<\/li>\n\n\n\n
The agreement seeks to boost the EU economy by making investing in a broader range of assets easier.<\/li>\n<\/ul>\n\n\n\n
In a significant development for the financial industry, the European Union (EU) has reached a landmark agreement on revising its rules for hedge funds and other alternative investments. The agreement aims to ease industry fears of a post-Brexit crackdown on managers in London. It seeks to bolster the EU economy by enabling investments in various assets. This article delves into the key aspects of the agreement, highlighting its potential benefits and analyzing the concerns raised by industry experts.<\/p>\n\n\n\n
The agreement between EU states and the European Parliament seeks to update the Alternative Investment Fund Managers Directive (AIFMD). This directive covers various investment types, including hedge, private equity, private debt, and real estate funds. By modernizing the AIFMD, the EU aims to facilitate investment in a more diverse range of assets, thus potentially boosting the European economy.<\/p>\n\n\n\n
One of the crucial aspects of the revised AIFMD is the requirement for European asset managers to disclose more details to regulators about their investments in private funds outside the EU, such as the US or UK. The increased transparency aims to strengthen regulatory oversight and ensure investments are made responsibly and in line with EU standards.<\/p>\n\n\n\n
The agreement has addressed concerns about \"delegation\" rules for managers outside the EU. These managers often pick assets for funds listed within the EU, particularly in financial centres like Luxembourg and Dublin. Fears had arisen that this delegation rules might become more stringent after Brexit, but the agreement has steered clear of such an outcome. This move offers relief to London-based managers who run many funds listed in the EU.<\/p>\n\n\n\n
The revised AIFMD includes new rules about funds that issue new loans. These rules entail higher requirements for reserving funds to cope with liquidity demands in stressed markets. Additionally, the agreement limits the debt levels, or leverage, that these loan-issuing funds can hold. Striking the right balance with these measures is crucial, as they can impact the availability of credit and financing options for EU businesses.<\/p>\n\n\n\n
While this landmark agreement has generally been met with support from the financial industry, concerns have been raised by various lobby groups and industry experts about leverage limits on loan origination funds. As the agreement undergoes formal approval and implementation, continuous assessment and adaptability will be key to ensuring it achieves its intended objectives effectively and sustainably.<\/p>\n","post_title":"EU Aims To Stimulate Economy With Eased Rules For Alternative Investments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eu-aims-to-stimulate-economy-with-eased-rules-for-alternative-investments","to_ping":"","pinged":"","post_modified":"2023-07-24 12:01:21","post_modified_gmt":"2023-07-24 02:01:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=12694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":12610,"post_author":"14","post_date":"2023-07-19 15:44:42","post_date_gmt":"2023-07-19 05:44:42","post_content":"\n
Shares on Wall Street continue to be supported, led by gains in financial and technology stocks, with investors looking toward the next round of quarterly results as earnings season gets underway. The S&P 500 is up to nearly 19% year-to-date, while the Nasdaq has advanced about 37%, and both indexes are on track for their fifth straight month of gains.<\/p>\n\n\n\n
Some of the largest U.S. banks, including JPMorgan Chase and Wells Fargo, reported a profit boost from higher rates, pointing towards a resilient economy. This Tuesday, Bank of America posted a 20% surge in second-quarter profit, and it is also important to mention that Morgan Stanley's stock had today the most significant single-day gain since late 2020, after its second-quarter profit and revenue beat analyst expectations on a boost from its wealth management business.<\/p>\n\n\n\n
According to Refinitiv data, of the 30 companies in the S&P 500 that reported earnings last week, 80% beat analyst expectations. Corporate profits are emerging as the big driver of what the market is likely to do in the near term, but if earnings results fall short of expectations, the stock market's reaction could be severe. Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, added<\/a>:<\/p>\n\n\n\n
![\"Megacaps](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2023\/07\/Megacaps.jpg\")
<\/figure>\n\n\n\n