Frictional unemployment

The Philly Show, Mascot Team Up To Increase Discoverability of Inventory & Optimize Show Experience for Both Vendors & Attendees, Beginning in December 2023

Retrieved on: 
Wednesday, September 20, 2023
CGC, Greater Philadelphia Expo Center, TAG, Sale, Non-Sport Update, Mickey Mantle, Sport, Frictional unemployment, SGC, Beckett, PSA, Topps, Video game, Online shopping, Mascot

PHILADELPHIA, Sept. 19, 2023 /PRNewswire/ -- The Philly Show, one of the longest running sports cards and memorabilia shows, and Mascot, the leading inventory management solution for collectibles, have teamed up to provide enhanced discoverability and searchable of inventory available for sale or trade at The Philly Show, beginning in December 2023.

Key Points: 
  • The Philly Show, Mascot Team Up To Increase Discoverability & Optimize Show Experience for Both Vendors & Attendees.
  • Through this collaboration, vendors and dealers will have the opportunity to upload items available for sale and trade at The Philly Show to Mascot.
  • By doing so, every Mickey Mantle card synced to Mascot across all vendor booths will appear, along with vendor booth numbers.
  • The Philly Show is one of the longest running and largest sports cards and memorabilia collectibles shows in America.

Navigating liquidity crises in non-banks: An assessment of central bank policies

Retrieved on: 
Friday, June 23, 2023
Private sector, European Central Bank, Centre for Economic Policy Research, Response, Center for Financial Studies, Journal of Financial Economics, LTRO, Central bank, Review, COVID-19, PEPP, Goldstein, Federal, I, Government, RESEARCH, Financial economics, Journal, Directorate, Data, ECB, Monetary economics, Senior advisor, Frictional unemployment, Bank, Journal of Monetary Economics, Cryptocurrency, Bookkeeping, Tourism, Textile, Ng
Key Points: 

Financial stability and macroprudential regulation under diagnostic expectations

Retrieved on: 
Saturday, November 26, 2022
Diamond, The Journal of Finance, Journal, DSGE, European Central Bank, University of Mannheim, S, Credit, Ricardian equivalence, Economics, Crash, Policy, Daniel Kahneman, Journal of Money, Credit and Banking, Judgement, American Economic Review, Disagreement, Investment, Element, Instability, Review, Political economy, Magazine, Arab Center for Consultancy & Economic Studies, Central bank, Decision-making, University, Hart O. Berg, Business, Journal of Political Economy, RESEARCH, Global, Ben Bernanke, Welfare, The Review of Economic Studies, Writing, McGraw Hill Education, Risk, George Selgin, Directorate, P, Nature, Rafael Bordalo Pinheiro, Frictional unemployment, Literature, McMillan, Private sector, History, Risk management, Bank, Security (finance), Bookkeeping, Machine tool, Real estate, Dybvig, Gertler, Maxted

In this article, we examine the joint implications of external financing frictions and cognitive misperceptions for the stability of the financial system and the appropriate conduct of macroprudential regulation.

Key Points: 
  • In this article, we examine the joint implications of external financing frictions and cognitive misperceptions for the stability of the financial system and the appropriate conduct of macroprudential regulation.
  • [2]
    Relative to the rational benchmark, diagnostic expectations and their interactions with financing frictions exacerbate instability in financial markets and economic activity.
  • Financial implications of financing frictions and diagnostic expectations (1/2)

    Notes: The chart illustrates interactions between fluctuations in financial net worth (i.e.

  • Blue ink indicates additional effects over a world with rational expectations that stem from diagnostic expectations.
  • First, diagnostic expectations intensify a positive interaction between fluctuations in financial net worth and fluctuations in asset prices (Chart 1).
  • Financial implications of financing frictions and diagnostic expectations (2/2)

    Notes: The chart reports stationary density functions of the aggregate capitalisation of financial intermediaries under rational and diagnostic expectations.

  • Relative to the rational framework, under diagnostic expectations, appropriate macroprudential restrictions on new credit to the nonfinancial sector are tighter, even when the regulator is subject to the same expectations as the private sector.
  • These results naturally reveal disagreements among potential regulators with differing degrees of diagnostic expectations about the appropriate regulation.
  • We examine the joint implications of external financing frictions and diagnostic cognitive misperceptions about economic fundamentals or asset prices for the stability of the financial system and the appropriate conduct of macroprudential regulation.
  • The key result is that diagnostic expectations exacerbate financial instability relative to the benchmark of rational expectations.
  • This finding calls for tighter macroprudential regulation even when the regulator is also subject to misperceptions.

MINTUS ANNOUNCES PARTNERSHIP WITH AMICORP TO EXPAND GLOBAL REACH

Retrieved on: 
Tuesday, October 18, 2022
Risk management, Financial Conduct Authority, Risk, FCA, Investment, Remko Van Hoek, Painting, Partnership, ISIN, Industry, AG, CEO, Frictional unemployment, Ownership, AMC, Financial services, Security (finance), Nazmul Huda Mintu

LONDON, Oct. 18, 2022 /PRNewswire/ -- Mintus, the fractional art investment platform, today announced its first major partnership in the discretionary fund management and wealth management sector as it seeks to expand its global reach.

Key Points: 
  • Mintus is the first FCA authorised company to launch and scale art fractionalisation in the UK and the partnership with Amergeris Wealth Management (Switzerland) AG, part of Amicorp Group, will significantly expand Mintus' exposure to investors across Europe, the Middle East and Asia.
  • Amergeris Wealth Management (Switzerland) AG, a licensed investment manager, structured the investment products for Mintus.
  • Mintus has a pipeline of $150m of investment quality paintings from artists including Andy Warhol, George Condo, Jean-Michel Basquiat, David Hockney, Pablo Picasso, and Ren Magritte.
  • Mintus Trading Limited is Limited is authorised and regulated by the Financial Conduct Authority under firm reference number 942522.

MINTUS ANNOUNCES PARTNERSHIP WITH AMICORP TO EXPAND GLOBAL REACH

Retrieved on: 
Tuesday, October 18, 2022
Risk management, Financial Conduct Authority, Risk, FCA, Investment, Remko Van Hoek, Painting, Partnership, ISIN, Industry, AG, CEO, Frictional unemployment, Ownership, AMC, Financial services, Security (finance), Nazmul Huda Mintu

LONDON, Oct. 18, 2022 /PRNewswire/ -- Mintus, the fractional art investment platform, today announced its first major partnership in the discretionary fund management and wealth management sector as it seeks to expand its global reach.

Key Points: 
  • Mintus is the first FCA authorised company to launch and scale art fractionalisation in the UK and the partnership with Amergeris Wealth Management (Switzerland) AG, part of Amicorp Group, will significantly expand Mintus' exposure to investors across Europe, the Middle East and Asia.
  • Amergeris Wealth Management (Switzerland) AG, a licensed investment manager, structured the investment products for Mintus.
  • Mintus has a pipeline of $150m of investment quality paintings from artists including Andy Warhol, George Condo, Jean-Michel Basquiat, David Hockney, Pablo Picasso, and Ren Magritte.
  • Mintus Trading Limited is Limited is authorised and regulated by the Financial Conduct Authority under firm reference number 942522.

IDX Announces Electronic Trading Platform for Securitized Products

Retrieved on: 
Thursday, July 14, 2022
Professional Services, Technology, Insurance, Finance, Software, Banking, Technology, CLO, Ecosystem, Frictional unemployment, IDX, LLC, Broker-dealer, Efficiency, Probability, Partnership, Security (finance), Cryptocurrency, Clos

IDX Markets, LLC (IDX) today announced the IDX Platform, the first electronic trading platform for fully integrated trading and market intelligence for securitized products.

Key Points: 
  • IDX Markets, LLC (IDX) today announced the IDX Platform, the first electronic trading platform for fully integrated trading and market intelligence for securitized products.
  • IDX is a registered broker-dealer and a regulated Alternative Trading System, with its flagship platform powered by next-gen technology developed in partnership with Kanerai, a leading, global provider of securitized products analytics and technology.
  • Enhancing market liquidity, efficiency, and transparency, the IDX Platform represents an additional channel of liquidity that complements the existing securitized trading ecosystem, powered by the network effect of leading buyside and dealer institutions.
  • IDX is opening its electronic marketplace for trading global CLOs at launch, with other securitized markets to follow.

Bipartisan Legislation Introduced to Preserve Retirement Savings by Expanding Auto Portability

Retrieved on: 
Wednesday, June 15, 2022
People, Private sector, Solution, United States Department of Labor, Wind, Spouse, Department, RLJ Companies, National Association, Employee Benefit Research Institute, Geledés - Black Women's Institute, National Urban League, Leg, Government, CEO, NAACP, Institute, IRA, LLC, Adoption, Frictional unemployment, Dan Sullivan (U.S. senator), Letter, Pension Protection Act of 2006, RCH, Retirement, Investment, African Americans, Clearing house, Pension, Color, Senate, Legislation, Sherrod Brown, Generally Accepted Recordkeeping Principles, Movement, EBRI, Income, Public policy, Cassette tape, Bank, Health insurance, Financial adviser, Woman, Black

CHARLOTTE, N.C., June 15, 2022 /PRNewswire/ -- Robert L. Johnson, Founder and Chairman of The RLJ Companies and Chairman of Retirement Clearinghouse, LLC, applauds Senator Tim Scott (R-S.C.) and Senator Sherrod Brown (D-Ohio) for the introduction of the Advancing Auto Portability Act of 2022. The U.S. Senate legislation has the potential to preserve up to $1.5 trillion in retirement savings for the next generation of workers by encouraging auto portability. With auto portability, a participant's 401(k) account can follow them as they change jobs, making it less likely that people prematurely cash-out their savings and improving retirement security.

Key Points: 
  • The U.S. Senate legislation has the potential to preserve up to $1.5 trillion in retirement savings for the next generation of workers by encouraging auto portability.
  • With auto portability, a participant's 401(k) account can follow them as they change jobs, making it less likely that people prematurely cash-out their savings and improving retirement security.
  • "Enshrining auto portability in law is a significant milestone in our national effort to bridge America's wealth gap."
  • EBRI estimates that the widespread adoption of auto portability would preserve up to $1.5 trillion in additional retirement savings measured in today's dollarsin the U.S. retirement system over a 40-year period.

Data Mynt Payment Processing Platform Now Supports Bitcoin Payments

Retrieved on: 
Tuesday, April 5, 2022
Ethereum, Adoption, Frictional unemployment, Population, USD, The Home Depot, Overstock.com, Twitter, Solution, Whole Foods Market, Publishing, Cryptocurrency, Bitcoin

OAKLAND, Calif., April 5, 2022 /PRNewswire/ -- Data Mynt, a leading provider of simple, stable cryptocurrency payment products, now enables payments over the Bitcoin network, which already supports roughly 225,000 transactions per day and $30 billion USD dollar equivalent volume per day worldwide (as of publishing).  

Key Points: 
  • Data Mynt merchants and partners join the 15,000 retailers that accept Bitcoin today, making itthe world's most widely used digital asset for payments.
  • Now the Data Mynt payment processing platform enables payments from any wallet and asset across the$2 trillion combined market cap (as of publishing) available to make a payment over the Bitcoin,Ethereum Mainnet andPolygon networks.
  • The Data Mynt payment processing solution enables merchants and enterprises to expand their payment options for their customers and partners.
  • The dedicated Data Mynt global sales team began rolling out its payment platform in Q1 of 2022.

New Data Mynt Crypto Payment Processing Platform Gives Merchants Simple, Stable Crypto Payments

Retrieved on: 
Thursday, March 10, 2022
Cloud, Ethereum, IFrame, Frictional unemployment, Blockchain, API, Technology, Cryptocurrency

OAKLAND, Calif., March 10, 2022 /PRNewswire/ -- Retailers and enterprises now have a simple, stable way to adopt crypto payments using the new crypto payment processing solution from Data Mynt, a recognized provider of cryptocurrency payment products. Data Mynt's solution is a robust in-store and Cloud-native crypto form of payment option for global retailers that's designed for seamless integration.

Key Points: 
  • Merchants & enterprises can immediately accept crypto with the new Data Mynt payment processing services.
  • OAKLAND, Calif., March 10, 2022 /PRNewswire/ -- Retailers and enterprises now have a simple, stable way to adopt crypto payments using the new crypto payment processing solution from Data Mynt, a recognized provider of cryptocurrency payment products.
  • Data Mynt's solution is a robust in-store and Cloud-native crypto form of payment option for global retailers that's designed for seamless integration.
  • "You don't even have to understand crypto to use our payment platform," noted Data Mynt CEO Alex Christian.

New Data Mynt Crypto Payment Processing Platform Gives Merchants Simple, Stable Crypto Payments

Retrieved on: 
Thursday, March 10, 2022
Cloud, Ethereum, IFrame, Frictional unemployment, Blockchain, API, Technology, Payment card, Cryptocurrency

OAKLAND, Calif., March 9, 2022 /PRNewswire/ -- Retailers and enterprises now have a simple, stable way to adopt crypto payments using the new crypto payment processing solution from Data Mynt, a recognized provider of cryptocurrency payment products. Data Mynt's solution is a robust in-store and Cloud-native crypto form of payment option for global retailers that's designed for seamless integration.

Key Points: 
  • Merchants & enterprises can immediately accept crypto with the new Data Mynt payment processing services.
  • OAKLAND, Calif., March 9, 2022 /PRNewswire/ -- Retailers and enterprises now have a simple, stable way to adopt crypto payments using the new crypto payment processing solution from Data Mynt, a recognized provider of cryptocurrency payment products.
  • Merchants & enterprises anywhere can immediately accept crypto with the new Data Mynt payment processing services.
  • "You don't even have to understand crypto to use our payment platform," noted Data Mynt CEO Alex Christian.