Dollar’s Decline: What Traders Need to Know About Fed Rate Cuts
The dollar's losing streak has reached its longest stretch in 20 months, worrying traders as the Federal Reserve begins its...
Why Berkshire’s Latest Yen Bond Sale Could Ignite the Japanese Market
Warren Buffett’s Berkshire Hathaway Inc. plans its second yen bond sale this year, hiring BofA Securities Inc. and Mizuho Securities...
Apollo Grabs Major Stake in Deutsche Bank’s $3 Billion Debt Deal
Apollo Global Management acquired over 50% of Deutsche Bank’s significant risk transfer (SRT) tied to a $3 billion leveraged finance...
The Aluminum Squeeze: How Warehouse Fees Are Shaking Up the Metal Market
An aluminum squeeze has spotlighted the role of warehouse operators at the London Metal Exchange (LME).
SEC Approval Boosts Crypto Funds: $1.2B Invested in a Week
Last week, digital asset investment funds experienced net inflows of $1.2 billion, the highest since mid-July, according to CoinShares.
China’s Bold Economic Moves: What You Need to Know Now
Chinese policymakers, led by Premier Li Qiang, announced plans to study and implement incremental economic measures promptly.
China Unleashes Major Stimulus: Banks Get $143 Billion Boost
China's central bank, the People’s Bank of China (PBOC), cut the reserve requirement ratio (RRR) by 0.5 percentage points, releasing...
Guggenheim Revolutionizes Finance: $20M Tokenized on Ethereum
Guggenheim Partners, a Wall Street titan, has successfully tokenized $20 million of commercial paper using the Ethereum blockchain.
Wall Street Soars: Rate-Cut Hopes and China News Drive Markets
Wall Street experienced a significant boost as investors grew optimistic about potential rate cuts and positive developments from China.
OpenAI’s Big Move: Altman Set for 7% Stake in Profit Shift
OpenAI is considering awarding CEO Sam Altman a 7% stake as part of its shift to a for-profit model.
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser