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Previous Newsletters
Happy Holidays from PeerIQ + Macro Insights
by Tito Donis | Dec 22, 2019
Greetings, Posting will be light for the next two weeks due to the holiday season. We share with you this week a few macro insights that show the current state of the U.S. economy for your viewing pleasure. On behalf of PeerIQ, we wish you and your families a joyful...
Goldman Strikes Back; Fed Wants Inflation for the Holidays
by Tito Donis | Dec 15, 2019
Greetings, The Fed signalled no change in interest rates in 2020. The FOMC intends to hold benchmark rates between 1.5%-1.75%, until inflation rears its head. Inflation has remained stubbornly below the 2% symmetrical target rate post-crisis. The central bank has...
Gundlach Macro View; Goldman-E*Trade Speculation; Digital Banks Are Hot
by Tito Donis | Dec 8, 2019
Greetings, This week, we touch on the macro front, reactions to the Schwab/TD Bank deal, and the latest industry news. On the macro front, Bond King, Jeff Gundlach (DoubleLine CEO) has a 45-minute video interview sharing his thoughts on the big picture. What has...
Goldman’s Next Frontier; Future of Fintech Part Two; FDIC Q3 Earnings
by Tito Donis | Dec 1, 2019
Greetings, Posting will be light due to the U.S. holiday. We hope that everyone had a safe and enjoyable Thanksgiving! Industry News: Fintech: The Fourth Platform - Part Two (Forbes, 11/22/2019) Part two of Matthew Harris’ essay discusses the future of FinTech. We...
Schwab is the 800 lb Gorilla Now; Future of FinTech; Madden Fix
by Tito Donis | Nov 24, 2019
Greetings, Charles Schwab Corp. is in negotiation to acquire TD Ameritrade. The deal would combine two of the largest online brokerages with strong banking capabilities. Shares of both companies were up significantly in the news. In the last 60 days, Schwab has...
Google Pay; Big Tech Race to Own Digital Wallet; GS Robo-advisor on Launchpad
by Tito Donis | Nov 17, 2019
Greetings, Interest rates and Big Tech Banking dominated this week’s headlines. According to one Fed economist, “the rent rates are too damn high.” The Fed’s research indicates that the neutral rate for a balanced economy (based on a global model of rates) should be...
Productivity Trends, Schwab Enters the Ring, LC Q3 Earnings
by Tito Donis | Nov 10, 2019
Greetings, Charles Schwab announced plans to enter the lending business. Earnings season continued this week with LendingClub reporting better than expected earnings. We’ll dig into those highlights below, but as always, we will start with the macro picture. The labor...
Money 2020 Highlights, Jobs Report, Markets Doubt Fed
by Tito Donis | Nov 3, 2019
Greetings, We saw a flurry of product and financing announcements at Money 2020 this week. Before we dig in though, we’ll start with macro news. The Fed cut rates for the 3rd time this year. Fed Chief Powell signaled the central bank is done cutting rates, but markets...
Santander Enters the Ring, FinTech Charter Roadblock, Recession Checklist
by Tito Donis | Oct 27, 2019
Greetings, Thousands of FinTech leaders are gathering for Money 2020 this Sunday thru Wednesday. If you’d like to get together, please email us. We highlighted the Fed interventions in the repo market in the last few weeks. The interventions, unusual for a slow growth...
Fed Firefighting, Q3 Bank Earnings, Venmo & AmEx Card Launch
by Tito Donis | Oct 21, 2019
Greetings, We dig into consumer bank results from several majors this week, new product launches, and regulatory updates. But first, hiccups in the repo market have prompted firefighting from the Fed. The Fed is purchasing Treasury Bills at a rate of $60 Bn a month...