Top

Category: News


News

Most Americans aren’t benefiting from stock boom

December 8, 2017

Via: CNN

The stock market’s record-breaking ascent this year has become a favorite topic for President Donald Trump. “With the great vote on Cutting Taxes, this could be a big day for the Stock Market – and YOU!” he tweeted on Monday […]


News

The world’s biggest banks reportedly want to halt the bitcoin futures launch

December 7, 2017

Via: CNBC

Wall Street banks have raised objections to the introduction of bitcoin futures trading, highlighting fears that the financial system can’t cope with the cryptocurrency’s volatile price swings. Bitcoin has rocketed higher Thursday, crossing the $15,000 mark less than 48 hours […]


Finance Tech, News, Trading

Global shares down as US economy takes center stage

December 6, 2017

Via: ABC News

Global stock markets mostly fell Wednesday following the latest retreat on Wall Street and as investors awaited a run of U.S. economic data culminating at the end of the week with the latest nonfarm payrolls report. KEEPING SCORE: In Europe, […]


Finance Tech, News, Trading

We talked to an economist who predicted the Great Recession about the next financial crisis

December 1, 2017

Via: Business Insider

Jim Rickards, the author of “Currency Wars,” “The Death of Money,” and “The New Case for Gold,” and most recently “The Road to Ruin,” is no stranger to financial meltdowns. As general counsel for the hedge fund Long-Term Capital Management […]


News

SOCGEN: The good times are coming to an end in 2018

November 30, 2017

Via: Business Insider

The party’s almost over, Societe Generale strategists say. A strong earnings recovery and a growing economy have fueled investor interest in buying risky corporate bonds this year. Societe Generale’s credit strategists see 2018 as a transition year for the credit […]


News

Meet the next Fed boss. Same as the old boss? Jerome Powell to face Senate glare

November 27, 2017

Via: Market Watch

Wall Street and Main Street will get their first big clue this week on how the next leader of the Federal Reserve plans to safeguard the U.S. economy and set the cost of borrowing for consumers and businesses. Jerome Powell, […]


News

The debt time bomb that keeps growing and now equals nearly half of US GDP

November 21, 2017

Via: CNBC

Corporate debt is at its highest level relative to U.S. GDP since the financial crisis , and while not now a concern, that mountain of corporate IOUs could quickly turn into a heap of worry under the right circumstances. Fueled […]


News

Why this U.S. recession signal is probably throwing off a false alarm

November 20, 2017

Via: Market Watch

A historic marker used by Wall Street to determine if a recession is coming is flashing red, but there’s probably no need to worry for now about the U.S. economy. What’s caught the attention of investors is a flattening of […]


Finance Tech, News, Trading

Every US state’s most important international trading partners

November 15, 2017

Via: Business Insider

The US economy is an enormous behemoth, made up of the 51 component economies of the states and Washington, DC. As international trade is an important part of the national economy, it’s also a big part of many state economies […]


News

One of the largest hedge funds in the world is ready to add bitcoin to its ‘investment universe’

November 14, 2017

Via: Business Insider

One of the largest hedge funds in the world might hop on the bitcoin trade. Luke Ellis, the CEO of Man Group, the UK-based investor with $95 billion in funds under management, said the firm would include bitcoin in its […]