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Tag: Economy


Finance Tech, Liquidity

Currencies: Dollar storms higher on revived hopes for tax cuts

October 20, 2017

Via: Market Watch

The U.S. dollar shot to the highest level in roughly three months against the yen and stormed ahead against other rivals on Friday. The move came after the U.S. Senate passed a budget blueprint, which could clear the way for […]


Finance Tech, Liquidity

The dollar holds firm

October 3, 2017

Via: Business Insider

The dollar is holding firm Tuesday. The US dollar index was little changed at 93.61 at 8:24 a.m. ET after climbing as high as 93.91 during Asian trade. The index’s climb follows stronger-than-expected data, which some say supports the case […]


Industries, Retail & Wholesale

Nordstrom Talks to Go Private Could Be in Trouble

October 2, 2017

Via: TheStreet

Shares of Nordstrom, Inc. (JWN – Get Report) tumbled over 5% in premarket trading Monday, Oct. 2, after insiders said talks to take the Seattle-based retailer private could be in danger of failing, according to the New York Post. The […]


Energy, Industries

Why energy stocks are a great bet

September 29, 2017

Via: Business Insider

Business Insider executive editor Sara Silverstein talks to Sarah Hunt, a portfolio manager at $4 billion firm Alpine Funds, about why she’s bullish on energy stocks. Hunt says there’s been a change in discussions around oil, and says she expects […]


Finance Tech, Trading

This Is Why Stocks Are on Track for Their Best September Since 2013

September 29, 2017

Via: TheStreet

Stocks are on track to buck the historical declines we typically see in September, with the major indices expected to post their best September since 2013. “I think the old adage is the market likes to frustrate the most people,” […]


News

U.S. economic growth revised up to 3.1% rate in Q2

September 28, 2017

Via: USA TODAY

WASHINGTON — The U.S. economy grew at an upgraded annual rate of 3.1% in the spring, the fastest pace in more than two years. But growth is expected to slow sharply this quarter in the wake of a string of […]


Energy, Industries

Energy is rallying once again, but investors are wary

September 26, 2017

Via: CNBC

Oh man, it’s happening again. Oil is rallying, and so are oil stocks. Both are up about 10 percent in a month. And almost no one thinks it will last. Here’s the story this time: Oil supply is tightening. OPEC […]


News

RAY DALIO: The US economy looks like 1937 and we need to be careful

September 22, 2017

Via: Business Insider

Business Insider CEO Henry Blodget spoke with Bridgewater’s Ray Dalio about the current circumstances of the US economy. Following is a transcript of the video. Henry Blodget: On investing, you’ve recently written that risks are rising because of the political […]


Finance Tech, Liquidity

The ‘death rate’ of America’s biggest companies is surging

September 22, 2017

Via: Business Insider

Savor the time you have with the companies in the S&P 500, because in 10 years, half of them will be replaced. The length of time large-cap stocks have spent in the benchmark index has been declining, from 33 years […]


Finance Tech, Trading

Global stocks are crushing the US this year

September 20, 2017

Via: CNBC

Globetrotters, rejoice! While the S&P 500 has performed well this year, with the index of U.S. large-cap stocks rising nearly 12 percent to hit a series of record highs, international equities have performed even better. The popular iShares ETF tied […]