Cash

Stocks Slammed At Cash Open As Quad-Witch Weighs On Sentiment

US equity markets surged higher as Europe opened overnight, but as the US cash market opened, stocks broadly speaking puked as the effects of options expirations started to impact direction… Small Caps are bouncing back but S&P, Dow, and Nasdaq are all down notably as SpotGamma warns that post-opex, next week, we could see the…

Central Bank Digital Currencies & The War On (Physical) Cash

Authored by Kristoffer Mousten Hansen via The Mises Institute, Twenty twenty is a year dominated by bad news. While governments around the world have imposed extremely destructive restrictions on economic life and promise a “Great Reset” that amounts to a great leap forward into the socialist future, central bankers have advanced plans for implementing central…

Delta Air Lines Hemorrhages Cash; CEO Warns ‘Forward Bookings Slowing’ Again

Delta Air Lines’ CEO Ed Bastian warned in an internal memorandum on Thursday, Dec. 3, that despite the daily cash burn slowing down, the carrier still has to shell out a whopping $12-$14 million per day to keep the airline afloat. Now, this is a far cry from the $24 million daily burn rate in the third…

Mile-High Weddings For $28k As Struggling Aviation Industry Searches For New Cash Flows

Global tourism might not recover until 2025 from the virus-induced downturn. Still, already, players in the travel and tourism industries, more specifically, aviation, are reinventing or adding new business segments to drive new cash flows amid the rout in travel.  Take, for example, Air Charter Service, a global aircraft charter broker, is offering the “Ultimate…