BofA market analyst Hartnett pins ‘simple reason’ for market woes on the Fed
While conventional wisdom focuses on trade and inflation as sources of market tumult, Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch, sees the Fed as the real source. The U.S. central bank has been on a course...
Auto imports from Mexico climb as NAFTA negotiators appear close to new agreement
With indications growing that the United States, Mexico and Canada are close to agreeing on a framework for altering the North American Free Trade Agreement, the Mexican auto industry is exporting vehicles to the U.S. at a record pace. New...
The chief risk officer: it’s not just about managing risk costs anymore
Risk: for such a sexy word – and one that serves as the very engine of financial markets – the role of chief risk officer (CRO), on the face of it, doesn’t sound exciting. However, the position of CRO has...
Yellen and other economists say tax cuts are blowing up the budget
Last year’s aggressive tax cuts are at the heart of a worsening budget situation that will see deficits surge in the years ahead, according to an op-ed by former Fed Chair Janet Yellen and others. The essay, published in Sunday’s...
Bank of America: Tech stocks could be headed for regulatory-driven collapse similar to tobacco and banks
Washington’s increased scrutiny of technology giants could spell trouble for their stocks, if history is any guide. Technology is the least regulated industry sector, with just 27,000 regulations versus 215,000 for manufacturing and 128,000 for the financial sector, according to...
Bitcoin tanks below $7,000, down 6% in two hours
Bitcoin dropped more than 6 percent over two hours Monday, below $7,000 as the April tax-filing deadline approaches. The cryptocurrency hit a low of $6,646.07 as of 3:49 p.m. ET Monday, according to data from CoinDesk. Bitcoin prices have fallen...
Banking: No trust in Malta
Protesters hold up posters showing Pilatus Bank chairman Ali Sadr Hashemi Nejad while calling for the resignation of Malta’s police commissioner in March in light of his failure to investigate the bank following the assassination of anti-corruption journalist Daphne Caruana Galizia...
NPL sales lose momentum in CEE as focus turns south
Bojan Markovic, the EBRD’s deputy director for economics, policy and governance Tackling bad debts remains a priority in central Europe and the Balkans, despite substantial reductions in stocks over the last four years, according to EBRD experts. In the first...
The growth of green credit
First it was green bonds and now we are seeing the emergence green credit. In February, the French food products company, Danone, announced it had introduced environmental, social and governance (ESG) criteria to its syndicated €2 billion credit facility led...
Give the Reserve Bank the keys after PNB fraud
“From the RBI’s standpoint, legislative changes… that make our banking regulatory powers fully ownership neutral – not piecemeal, but fully – is a minimum requirement,” he said. (That wasn’t all he said. He also used the magnificent phrase “a tonne...
Signal2forex.com - Best Forex robots and signals




