A recession shock could wipe 30% off U.S. stocks, warns Oxford Economics

June 12, 2019

An uneasy mood is rippling through markets. For starters, we’ve had chaotic scenes out of Hong Kong where police have been firing tear gas on protesters who amassed in the thousands to push back against an extradition bill. That news […]

Investors want a Fed rate cut before economy turns: ‘Risk becomes greater the longer you wait’

June 4, 2019


If the Federal Reserve meets market expectations and cuts interest rates this year, it would be more to assuage flagging confidence than it would be to address any particular ill. After all, most of the signs for the economy remain […]

Even in a strong economy, millions of hardworking Americans are being left behind

May 29, 2019

Category: News

The economy is doing great, according to most estimates. Jobless claims dipped to 228,000 in early May and the U.S. labor market is on track to break the record for the longest expansion on record. Mortgage rates have hit their […]

Finance Tech, Liquidity

The bond market is sending a ‘clear warning’ that stocks are topping

June 14, 2019

Via: Business Insider

The current equity rally could be coming to an end soon, at least according to mounting signals from the bond market. As 10-year Treasury yields continue to fall to new lows, numerous yield curve inversions are a “clear warning” that […]

Finance Tech, Trading

US futures fall amid worries over Middle East tensions and weak China data

June 14, 2019


U.S. stock futures were lower on the final trading day of the week, with investors monitoring attacks on oil tankers in the Gulf of Oman and reacting to economic data out of China. As of 3:20 a.m. ET, Dow futures […]

Finance Tech, Mobile Banking & Payments

We polled over 1,000 people about what they want from their mobile banking app. Here’s what they care about most — and least.

June 13, 2019

Via: Business Insider

People use their phones to find dates, trade stocks, and even order helicopter rides. They are also, increasingly, using their phones to bank. With myriad banking apps out there from Wells Fargo to Chime, both big banks and up-and-coming fintechs […]


US weekly jobless claims unexpectedly rise, sparking fears the labor market is losing steam

June 13, 2019


The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May. Initial claims for state unemployment benefits rose 3,000 […]