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The Grayscale Bitcoin Trust (GBTC) , which has long traded at a steep discount to its net asset value, rose 12.8% on Friday after BlackRock filed to launch a spot bitcoin ETF. GBTC 5D mountain The Grayscale Bitcoin Trust has rallied more than bitcoin in recent days. The proposed BlackRock fund would also use Coinbase as a custodian for cryptocurrency, even though Coinbase was recently sued by the SEC . "If BlackRock is getting an ETF, I would want to own the BlackRock ETF. Wilshire Phoenix's wShares has a pending registration filing for its own bitcoin trust, but that product is not an ETF.
Persons: bitcoin, Bryan Armour, Armour, Coinbase, Gary Gensler, Pat Tschosik, Ned Davis, Tschosik, GBTC, William Cai, Cai Organizations: BlackRock, Securities, Exchange Commission, SEC, North America, Morningstar, Ned, Ned Davis Research, NDR, wouldn't, Wilshire Locations: BlackRock, bitcoin, Wilshire Phoenix, GBTC
Money market funds have seen a surge of inflows over the past year as interest rates soared. With more than $5 trillion in money market funds, some investors believe those funds will eventually flow back into the stock market. People moving funds from banks getting less than 0.5% to money market funds offering several percent higher is another," NDR said. "Having money in money market funds is one step closer to the stock market than a checking account," NDR said. Money market assets represent just 13% of the US stock market capitalization, compared to 46.9% in February 2009 and 24.0% in February 2003 — two periods when the stock market went on to stage multi-year rallies.
Persons: Ned Davis, Organizations: Service, Ned Davis Research, Valley Bank, First Republic Bank, NDR, Money
The US debt ceiling showdown in Congress is fast approaching a potential early June deadline. These are the four potential outcomes of the current US debt ceiling showdown in Congress, according to the note. Clean debt ceiling increase - 10% odds. Debt ceiling suspended - 65% odds. In this scenario, Congress suspends the debt ceiling limit, creating time for extended negotiations.
HAMBURG, March 9 (Reuters) - Several people have been killed or seriously injured in a shooting at a Jehovah's Witness church in the northern German city of Hamburg, with the motive for the attack unclear, police said on Thursday. The Bild newspaper reported that seven people were dead and eight others injured in the shooting. "Several people were seriously injured, some even fatally. [1/7] Special police inside the building after at least six people are dead and several more injured in a shooting in the northern German city of Hamburg, Germany, March 10, 2023. REUTERS/Fabian Bimmer 1 2 3 4 5"The dead people all have gunshot wounds," the spokesperson was quoted as saying.
The inverted yield curve has been one of the most reliable predictors of an imminent recession. In July 2022, the inverted yield curve once again turned negative as the Fed continued to aggressively hike interest rates. But a Monday note from Ned Davis Research argues that the yield curve inversion indicator may no longer be a reliable leading indicator of a coming downturn. Kalish isn't alone in his skepticism of the yield curve inversion indicator. Cam Harvey, the economist and professor who first identified the yield curve as a reliable recession indicator, thinks this time is different.
Wizardry aside, let's see why the stock market has proved so resilient this year, even though the economy's providing nothing to cheer for. DataTrek cofounder Nicholas Colas is chalking up stable markets to strong earnings. "The only explanation that makes sense to us for this conundrum of 'bad' news and stable markets is that US corporate earnings power remains resilient," Colas wrote in a Thursday note to clients. Even as markets act like everything's fine, there's still not quite enough optimism among investors to say that markets are nearing a peak, according to Ned Davis Research. A top-ranked stock-picker said January's hot CPI report suggests the stock market is far from the bottom.
BERLIN — A man fatally stabbed two people and injured five others on a train in northern Germany on Wednesday before being arrested, police said. Germany’s Federal Police force said the man used a knife to attack several passengers shortly before a regional train traveling from Kiel to Hamburg arrived at the Brokstedt station. The interior minister of Schleswig-Holstein state, Sabine Suetterlin-Waack, said the attack happened at about 3 p.m. local time. “We are shocked and horrified that something like this has happened.”Regional police and the federal police were on the scene and the prosecutor’s office was investigating the attack, NDR reported. The train station in Brokstedt was closed for several hours.
The stock market's biggest risk in 2023 is a decline in corporate earnings, according to Ned Davis Research. "The direction of earnings revisions is likely to be down regardless of whether Powell can find some of Greenspan's 1994 soft-landing magic." In a non-recession scenario, NDR estimates that earnings revisions "in the ballpark of 8% would be a reasonable assumption." "If the economy falls into a recession, [earnings] revisions could be the biggest since 2020 COVID-19 shutdown and possibly larger than during the 2015 oil collapse," Clissold said. "Unless economic conditions improve quickly, earnings revisions could be severe."
Germany convicts 97-year-old woman of Nazi war crimes - media
  + stars: | 2022-12-20 | by ( ) www.reuters.com   time to read: +1 min
BERLIN, Dec 20 (Reuters) - A German court convicted a 97-year-old woman of having contributed to the murder of over 11,000 people during her time working as a typist at a Nazi concentration camp in World War Two, NDR broadcaster and other media reported on Tuesday. The district court in the northern town of Itzehoe handed Irmgard Furchner a two-year suspended sentence, according to the report. She was sentenced under juvenile law, owing to the fact that she was only 18-years old at the time of the crimes. She worked at the Stutthof concentration camp between 1943 and 1945. They included prisoners of war and Jews caught up in the Nazis' extermination campaign.
Russian billionaire Alisher Usmanov walks out of a voting booth at a polling station during the presidential election in Moscow, Russia March 18, 2018. REUTERS/Maxim ShemetovBERLIN, Sept 27 (Reuters) - German police investigating money laundering accusations against Russian billionaire businessman Alisher Usmanov have searched a motor yacht in northern Germany, prosecutors said on Tuesday. Prosecutors did not identify the yacht or its owner but described him as a 69-year-old Russian businessman and said he was the target of the same investigation as last week, when police raided a lakeside villa registered to Usmanov. Usmanov's representatives were not immediately available to comment on Tuesday's yacht raid. The federal criminal police office has said it is worth half a billion euros.
About 800 bakeries in Germany went dark on Thursday as a cry for help over energy costs. Bakeries are badly affected by the energy crisis as ovens use a lot of power, a guild said. It's part of a campaign to make the German government aware that the energy crisis threatens bakeries, BKV said. energy prices on top of labor and ingredients. Axel Heimken/Getty ImagesBakeries have been hard hit by higher energy costs as ovens and refrigeration systems use a lot of power, BKV said.
Statele Unite au spionat lideri politici din Europa, printre care cancelarul german Angela Merkel, cu ajutorul serviciilor daneze de informaţii, arată rezultatele unei investigații jurnalistice desfășurate în comun de mai multe posturi de televiziune și publicații europene. Postul public danez Danmarks Radio (DR) susține că Agenţia americană pentru Securitate Naţională (NSA) s-a conectat la cablurile de telecomunicaţii daneze pentru a spiona responsabili de prim-plan şi oficiali cu rang înalt din Germania, Suedia, Norvegia şi Franţa. Pentru a face acest lucru, NSA a beneficiat de colaborarea serviciilor daneze de informaţii militare (FE), în virtutea unor acorduri încheiate. Postul danez a dezvăluit aceste informaţii după o anchetă desfăşurată în comun cu canalul suedez SVT, canalul norvegian NRK, canalele germane NDR, WDR şi cotidianul Suddeutsche Zeitung, precum şi cu ziarul francez Le Monde, relatează AFP, citată de Agerpres. Încă din noiembrie 2020, DR relatase că Statele Unite au utilizat cablurile daneze pentru a spiona industria de apărare daneză şi europeană, din 2012 până în 2015.
Persons: german Angela Merkel, NSA, Angela Merkel, Frank, Walter Steinmeier, francez Le, Bransen Organizations: Securitate Naţională, german, NDR, DR, Apărării Locations: Statele Unite, Europa, Germania, Suedia, Norvegia, Franţa, FE, francez, francez Le Monde, Chestionat, danez, Suediei, Norvegiei
Un actor moldovean a jucat rolul principal în filmul „ Bătălia pentru spațiu”. Acesta l-a interpretat pe Iurii GagarinActrița, Olesea Sveclă le-a împărtășit prietenilor de pe o rețea de socializare că actorul l-a jucat pe Iurii Gagarin în filmul „Bătălia pentru spațiu” de la BBC ar fi chiar unchiul ei, pe nume Vitalie Ursu. „Bătălia pentru spațiu” este un lungmetraj documentar din patru episoade, produs de Pervîi Canal (Rusia), BBC (Marea Britanie), National Geographic (SUA) și NDR (Germania). Serialul povestește despre bătălia minților științifice strălucitoare în cursa spațială a două superputeri – URSS și SUA. A învățat la un liceu tehnic din Chișinău și a absolvit Universitatea de Teatru și Film din Chișinău, secția Actorie, în 1998.
Persons: Iurii Gagarin, Vitalie Ursu Organizations: BBC, National Geographic, NDR, Universitatea de Teatru Locations: moldovean, Rusia, SUA, Germania, URSS, România, Paris, Germaniei, Rusiei, Statelor Unite, Moldova, Chișinău
Берлинский вирусолог Кристиан Дростен в ходе выступления на телеканале NDR в пятницу заявил, что люди, переболевшие ранее какими-либо коронавирусами, могут иметь иммунитет к COVID-19. В результате было установлено, что у 34% пациентов, у которых никогда не было контакта с SARS-CoV-2, были реактивные Т-клетки, передает yandex.ru. Дростен отметил, что результаты эксперимента не позволяют сделать обобщение, что 34% населения могут иметь иммунитет против нового коронавируса, в результате чего «пандемия завершится быстрее». Однако эксперт обратил внимание на «очень мягкие и незаметные случаи заболевания» — по его мнению, это может быть связано с наличием у части населения иммунитета, возникшего в результате заболевания другими видами коронавирусов. Ранее руководитель австрийского Красного Креста Джерри Фойтик заявил, что пандемия коронавируса в мире закончится, когда население получит коллективный иммунитет.
Persons: Кристиан Дростен, Дростен, Джерри Фойтик Organizations: Красный Крест
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