Friday, February 22, 2019
Blockchain Gets Major Endorsement
by Michael Keane
Last week, JP Morgan announced that it has created its own cryptocoin, the JPM Coin. Given what has been said before by the company, this was a major shift and endorsement not only for cryptocurrencies, but also a big endorsement of the blockchain technology behind it.
While Blockchain technology is absolutely still in its infancy, the announcement can be looked on as a game changer when it comes what the true perception of the technology by the big players. It harkens back to the infancy of the housing crisis, when at first the banks laughed at people like Dr. Michael Burry and Mark Baum, but then joined them in a big way while using deception announcements to keep the public at bay. Last week's announcement by JP Morgan would not have come without some testing of the technology's utility to the bank's mission and profit model. Jamie Dimon calling cryptocurrencies a "fraud" 18 months ago now looks like a delay tactic.
This announcement is also a very good indicator that average consumer uses are now ready to had in the marketplace.
The following outlets have caught the sea change in JP Morgan. Enjoy!
Cnbc article-Hugh Son
CNN Article- Matt Egen
Forbes Article - Michael del Castillo
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Friday, January 18, 2019
Donation Made to Shriner's Hospital of Chicago
Because of some great trading by KDK Options, we are able to make our first donation to Shriner's Hospital Chicago!We look forward to continuing our burgeoning charitable arm in 2019.
Keane Venture Capital and Consulting donates a portion of all revenue to charity. This is part of our ethos and work process. Previous donations have also included Northeastern Illinois University.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Keane Venture Capital and Consulting donates a portion of all revenue to charity. This is part of our ethos and work process. Previous donations have also included Northeastern Illinois University.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Tuesday, December 4, 2018
Donation Made to Northeastern Illinois University
Because of some great trading by our partner, KDK Options (link to blog here), we are able to make another donation to Northeastern Illinois University's College of Business. This donation marks the smallest period between charitable donations.
Charity for Keane Venture Capital and Consulting revolves around healthcare and education. Recipients have included Shriner's Hospital of Chicago, Northeastern Illinois University, and the No Shave November organization. Tax deductions are not taken on charitable donations.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Charity for Keane Venture Capital and Consulting revolves around healthcare and education. Recipients have included Shriner's Hospital of Chicago, Northeastern Illinois University, and the No Shave November organization. Tax deductions are not taken on charitable donations.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Thursday, October 11, 2018
Another Donation Made to Shriner's Hospitals Chicago
Hello
Because of the hard work of KDK Options (through options trades), KDK Fund (through Ford dividends), and Bullied Comics (through royalties from book published by Mascot Books), Keane Venture Capital and Consulting was able to make another donation to Shriner's Childrens Hospital in Chicago.
KeaneVCC is proud to be able to share some of its revenue with worthy charitable organizations. The focus has been on health and education with donations to Shriner's Hospital in Chicago and Northeastern Illinois University this year.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Because of the hard work of KDK Options (through options trades), KDK Fund (through Ford dividends), and Bullied Comics (through royalties from book published by Mascot Books), Keane Venture Capital and Consulting was able to make another donation to Shriner's Childrens Hospital in Chicago.
KeaneVCC is proud to be able to share some of its revenue with worthy charitable organizations. The focus has been on health and education with donations to Shriner's Hospital in Chicago and Northeastern Illinois University this year.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Friday, September 21, 2018
Two Tax Cut Views From The Wall Street Journal
by Michael Keane
As we continue to analyze the results of the tax cut, a curious thing happened. The Wall Street Journal put out conflicting articles on the subject. In one recent article this week written by Richard Rubin and Theo Francis (link here), the amount of money that has been repatriated by US corporations due to the changing tax law is currently at about 20% of the Trump Administration's expectations. This is presenting (or compounding) a higher risk for the US deficit in the next few years. But in an Opinion piece (link here) by Stephen Moore, the analysis is that the corporate tax cut is quickly and assuredly going to pay for itself and then some through GDP growth.
One of the areas that the US government expected to help nullify the hike in the deficit was corporate profit repatriation. If you follow the evidence presented in the first article, and current levels of repatriation continue, the government will not be able to deal with the deficit.If you follow the second article, the rise in GDP will do more than enough to cover the deficit initially created by the cut and overtake the issue of repatriation.
Because the opinion piece came after the repatriation article, and filled with scattered non-evidence based data points, it might lead one to believe it was written as a rebut. But as always, time will tell where the Trump administration's economic decisions lead. In a thankful way, the decisions and moves have been big, so the results continue to be clearer.
KeaneVCC continues to follow this topic. Previous posts can be found here.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
As we continue to analyze the results of the tax cut, a curious thing happened. The Wall Street Journal put out conflicting articles on the subject. In one recent article this week written by Richard Rubin and Theo Francis (link here), the amount of money that has been repatriated by US corporations due to the changing tax law is currently at about 20% of the Trump Administration's expectations. This is presenting (or compounding) a higher risk for the US deficit in the next few years. But in an Opinion piece (link here) by Stephen Moore, the analysis is that the corporate tax cut is quickly and assuredly going to pay for itself and then some through GDP growth.
One of the areas that the US government expected to help nullify the hike in the deficit was corporate profit repatriation. If you follow the evidence presented in the first article, and current levels of repatriation continue, the government will not be able to deal with the deficit.If you follow the second article, the rise in GDP will do more than enough to cover the deficit initially created by the cut and overtake the issue of repatriation.
Because the opinion piece came after the repatriation article, and filled with scattered non-evidence based data points, it might lead one to believe it was written as a rebut. But as always, time will tell where the Trump administration's economic decisions lead. In a thankful way, the decisions and moves have been big, so the results continue to be clearer.
KeaneVCC continues to follow this topic. Previous posts can be found here.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Sunday, July 15, 2018
Updates on Week Ending July 14th (Trade on Banks, Healthcare Lobbying, Bullied Comis, more)
The week had some activity to it for KDK Options, and KeaneVCC.
KDK Options - There was a trade in financial ETF XLF. The update on the trade can be found here.
KeaneVCC - The following post discusses a New York Times article from Andrew Jacobs on how Healthcare companies have used their lobbying to influence US governmental policy on breastfeeding. The post is here.
KeaneVCC - Bullied Comics continues to develop its YouTube channel. A link for it is here.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
KDK Options - There was a trade in financial ETF XLF. The update on the trade can be found here.
KeaneVCC - The following post discusses a New York Times article from Andrew Jacobs on how Healthcare companies have used their lobbying to influence US governmental policy on breastfeeding. The post is here.
KeaneVCC - Bullied Comics continues to develop its YouTube channel. A link for it is here.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
Tuesday, July 10, 2018
Healthcare Industrial Complex Hits Babies
In a landmark move, the United States as a government has sided with corporations and attempted to block a policy promoting breast feeding. In a New York Times article by Andrew Jacobs (link here), the US delegation went so far as to threaten the sponsors with trade sanctions. It took sponsorship by the Russian delegation for the US to fall in line.
This event puts the topic of the Healthcare Industrial Complex into focus. This adds to the growing evidence that corporations involved in healthcare are involved in actions that are focused on profit rather than healthcare and use their ability to bully governments (even the government of the United States) to act on their behalf. The fact that babies' health is now part of the equation through formula profits is disturbing.
In addition to using their lobbying efforts to affect US governmental policy, corporations continue to control high prices on the most needed formulas and influence insurance companies coverage decisions. Blue Cross Blue Shield is one of those insurance companies that has denied prescriptions to the most expensive formulas even though it was the only formula not to create problems that caused blood in the baby's stool.
Please take the time to communicate with your politicians and companies like Abbott, and Nestle about these issues. A large threat to sell shares owned (we all likely own shares through retirement funds) or a large scale publicity campaign are probably two of the most effective. Even President Trump has started tweeting about high drug prices. But we'll get into that chicanery in a later post.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
This event puts the topic of the Healthcare Industrial Complex into focus. This adds to the growing evidence that corporations involved in healthcare are involved in actions that are focused on profit rather than healthcare and use their ability to bully governments (even the government of the United States) to act on their behalf. The fact that babies' health is now part of the equation through formula profits is disturbing.
In addition to using their lobbying efforts to affect US governmental policy, corporations continue to control high prices on the most needed formulas and influence insurance companies coverage decisions. Blue Cross Blue Shield is one of those insurance companies that has denied prescriptions to the most expensive formulas even though it was the only formula not to create problems that caused blood in the baby's stool.
Please take the time to communicate with your politicians and companies like Abbott, and Nestle about these issues. A large threat to sell shares owned (we all likely own shares through retirement funds) or a large scale publicity campaign are probably two of the most effective. Even President Trump has started tweeting about high drug prices. But we'll get into that chicanery in a later post.
** This blog is used for opinions and ideas and should not be used as a direction to act without doing your due diligence.**
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