On Tuesday morning, President Trump tells reporters in London that his administration is progressing "very well with China right now" in formulating a trade deal.
The launch angle of the U.S. stock market over the past decade has been steep and relentless. The S&P 500, after bottoming out at 666 on March 6, 2009, has rocketed up over 370 percent. New highs continue to be reached practically every day.
Something is seriously starting to break in China's financial system.
For the call buyer, it's not a matter of gold hitting $4,000 but rather gold hitting $4,000 by June 2021.
There have been few sectors dripping with apathy of late quite like the oil services sector.
... A Market Crash. Dalio concludes by attributing the reporting to yet another case of fake news, saying that "we are now living in a world in which sensationalistic headlines are what many writers want above all else, even if the facts don't squa
On Nov. 18, Peter Schiff appeared on RT Boom Bust to talk stock markets, trade war and Federal Reserve policy. He said that right now the Fed is doing a good job stimulating the bubbles, but ultimately, it's going to end very poorly.
It's no secret that the hedge fund industry is having a hard time.
Well, they've done it again. By "they" I of course mean the US Federal Reverse and all the other central banks combined.
While it is unclear exactly what the immediate catalysts for this shift is, it began around the European close and as Speaker Pelosi discussed USMCA. Perhaps Powell's confirmation that policy is appropriate, not offering any dovish branch of hope was
Two months after Uber decided to ignore new ignore new California legislation requiring companies to reclassify contract workers as employees - a measure which would affect up to one million residents who work as contractors and...
The largest US retailer reported Q3 adjusted EPS $1.16, stronger than the estimate of $1.09 and 8 cents higher than a year ago on revenue of $127.99 billion, slightly below the consensus est. of $128.67 billion which was a $3.1 billion or 2.5% increa
In the third quarter of 2019, one in which the global economy continued to cycle lower, global central banks across the world continued to slash interest rates and launched/expanded quantitative easing programs with very little success at troughing g
In a poker game, the rake is the cut that the casino dealer takes out of every pot. It's usually a couple of dollars per hand … barely noticeable, certainly not noticeable to a casual poker player like me.
Wealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management.
Not even the nation's longest-ever bull market run has been able to save Illinois' crumbling pension funds.
The global economy has been going through a remarkable period of growth especially due to China's open-door policy since the late seventies.
I'm intrigued by recent moves in CLOs – Collateralised Loan Obligations. They have been one of the strongest performing sectors of the bond markets for many years.
Beta-driven Fantasy The decade long bull market run, aside from making everyone ridiculously rich, has opened up a new array of competencies. The proliferation of ETFs, for instance, has precipitated a heyday for the ETF Analyst. So, too, blind fait
After years of teasing, the moment has finally arrived: Saudi Arabian Crown Prince Mohammed bin Salman (hereinafter dubbed "MbS" or "the Clown Prince") has announced the Saudi government's intention to float a stake in Saudi Aramco.
Emboldened by Tesla's stock rising nearly 100% off its 52 week lows (and who knows what else), Elon Musk took to Twitter at about midnight Pacific Time to once again taunt short Tesla short sellers. This time it was Greenlight's David Einhorn that dr
The stock market keeps hitting new highs and employment reports continue to look good. President Trump and central bankers at the Fed like to point to this and tell us that the economy is doing good.
--Renews Manipulation Fears As Study Suggests One Whale Was Behind 2017 Bull Run
After Tesla stock soared following its unexpectedly, inexplicably strong Q3 earnings, spiking as much as $80/share in late October amid a violent short squeeze which pared the company's year-to-date slide, even some of the most hardened Tesla shorts
- Runaway Algos Spark Chaos, Crackdown In World's Most Important Futures Market
Confirming an earlier rumor from Reuters, moments ago Fitbit announced that it has agreed to be acquired by Google for $7.35 per share in cash, valuing the company at approximately $2.1 billion.
The phenomenon works – until it doesn't. What's astonishing is how long it works.
While the assumption is that Fed officials (having passed on the opportunity to lean against dovish market expectations) would not shock the market and vote to keep rates unchanged (96% odds and Fed has never surprised at that level), that's precisel
Ninety years later, I thought it would be prudent to look at three key insights from that historic crash, starting with:
Richard Branson's Virgin Galactic becomes the first space tourism company to hit public markets and sees its shares soar more than 9% in NYSE debut