20190328-crypto brokerage Caleb & Brown-mad dash for yield is back


CV (Dick Interviewed Jeff with Caleb & Brown crypto brokerage )

-Australian crypto broker.   Nice to open an account in the period of FOMO when you want to sell or buy crypto.

-Minimum capital to open an account – 2K.

-When buy or sell an order, they can lock the rate (like Coinbase I guess) using their working capital to execute the trade for you before they receive your payment (1-3 days).

-They can pretty much buy any crypto with reasonable liquidity very fast.  For example, it took Dick two days to buy HDAC because it’s on Korean Exchange but Caleb can do it in 10 minutes!  8:30

-Special commission rate for Crypto Viewing member is 3.5% that including all the transaction fees.   Their typical rate is 4%-5% 9:32.

-12:01  No daily limit on liquidation amount.   For example, they have a client sold some crypto on a Monday and received 20 million on a Friday.

-Fast liquidation - You can sell large amount of crypto thru them (millions) and they can transfer the fund to you.

http://calebandbrown.com/partners/cryptoviewing



Daily Wealth Trader (The Mad Dash for Yield is Back):

-Yesterday Germna government sold about 2.4 billion 10-year bonds in Euro at a yield of -.05%.

-10-year Japanese government bond yields is  -.094%  - lowest yield since Sept 2016.

-These governments are lowering the yields to prevent economic slowdowns.  They printed vast amounts of cash to buy their own government bonds, which lower the yields more.

-In the US, the Fed has changed course of tightening the interest rates and planning for no more rate hikes in 2019.   Instead, it is planning to “slow the reduction” of its treasury holdings meaning they will try to support the US economy and markets by keeping interest rates down.

-As a result, investors are scrambling to buy assets that offer reasonable yields.

-The mad dash of yield for US markets is back on.   Investors are flocking to 10-year Treasury bonds, high-yield bonds, and utilities stocks.

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