Ford reports $204 million derivatives charge – Risk.net

Ford Motor Co. reported a $204 million charge to income related to derivatives in the first quarter. Interest rate contracts hedging debt fell in value $339 million, roughly balancing the $329 million fair value increase in the underlying bonds over the three months to March 31. The automaker also incurred fair value losses on non-hedging […]

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Crytpo Hedge Fund Says Bitcoin Is a 'Screaming Buy' – Bloomberg

Bitcoin “is a screaming buy right now,” according to Dan Morehead, chief executive officer of $1 billion cryptocurrency hedge fund Pantera Capital Management LP. In a interview with Bloomberg Television Thursday, Morehead said Pantera has about 10 percent of its investments in Bitcoins, which approached $20,000 apiece late last year before retreating to about half […]

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Crytpo Hedge Fund Says Bitcoin Is a 'Screaming Buy' – Bloomberg

Bitcoin “is a screaming buy right now,” according to Dan Morehead, chief executive officer of $1 billion cryptocurrency hedge fund Pantera Capital Management LP. In a interview with Bloomberg Television Thursday, Morehead said Pantera has about 10 percent of its investments in Bitcoins, which approached $20,000 apiece late last year before retreating to about half […]

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Jack Chan's Weekly Precious Metals Update – Streetwise Reports

Technical analyst Jack Chan updates the gold and silver charts and finds buy signals for both gold and silver remain in place. Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long-term. The […]

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Steve Cohen's hedge fund sued over use of another fund's name – New York Post

Billionaire Steven Cohen’s hedge fund was sued on Wednesday by a San Francisco money manager seeking to stop it from using its name on a new investing project. Aperio Group LLC, which said it has more than $25 billion of assets under management, said Cohen’s Point72 Asset Management LP has caused confusion among customers, causing […]

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Donald Trump is sending shockwaves through global commodities markets – The Economist

THE notion that the gentle flap of a butterfly’s wings can cause chaos on the other side of the world is well known. But commodity markets have been tested in recent weeks by what could be called the 800-pound-gorilla effect: the idea that chest-beating in the White House can unleash turmoil in global metals, agricultural […]

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Consultant bfinance investigates return of commodities – HedgeWeek

Commodity investment is back in the spotlight, says investment consultants, bfinance.The firm writes that after a decade of poor performance, many commentators delivered a more bullish outlook for commodities during the first quarter. Such predictions are buoyed by global economic growth and some helpful market dynamics, such as the reduction in contango. Goldman Sachs announced on […]

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