Two Key Ways the Dollar Drives US Stock Market Performance
In complex adaptive systems like modern financial markets, a change the price of any one market has a spillover effect into other markets. One of the best understood and most straightforward of these intermarket relationships is the impact of the...
GER30 Stock Index En Route to Third Weekly Gain
The German 30 stock index (DAX 30) has been on the rise since the day it dropped to a two-year low of 10,276 and is now set to register its third weekly gain slightly above the 20-day simple moving average....
Market Wrap: Stocks Slips Again , Safe Haven Jump
The Dollar index and the Japanese Yen are back in demand as stocks moves lower. Stocks The S&P 500 Index dropped 0.3 percent as of 15:30 London time. The Stoxx Europe 600 Index fell 0.3 percent on the back of...
Sterling Enjoying Renewed Buying, But Traders Remain Cautious
Renewed buying emerges in early US session for Sterling and it’s trading as the strongest for today so far. But for now, the Pound’s strength is relatively limited against Yen and Dollar. Investors would need to know more about the...
Weekly jobless claims fall more than expected
The number of Americans filing applications for jobless benefits unexpectedly fell last week, pointing to sustained labor market strength that should continue to underpin the economy. Initial claims for state unemployment benefits decreased 3,000 to a seasonally adjusted 213,000 for...
Shutdown is starting to hurt Trump’s financial deregulation agenda
The U.S. government shutdown over President Donald Trump’s call for Congress to fund a wall he promised to build on the U.S.- Mexican border is threatening another campaign pledge to make rules easier to navigate for banks and corporations. The...
Fed’s Kashkari says big banks are safer now than before the financial crisis
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and a critic of big banks, on Wednesday said the biggest U.S. banks are “unquestionably” safer than they were before the 2007-2009 financial crisis. The Fed’s ability to use monetary...
Why Jack Bogle mattered so much to the investing world
It was in the early 1990s, after three or four years as a correspondent at CNBC, that it became obvious to me: The vast majority of active managers rarely beat their benchmarks. Sure, there was Bill Miller (Legg Mason Value)...
The mortgage industry isn’t ready for a foreclosure crisis created by climate change
A foreclosure crisis spurred by climate change is becoming a real threat to the mortgage industry as extreme storms and other natural disasters increasingly occur in places where borrowers might not have flood or fire insurance. The industry is not...
Banking: What Santander’s failure to appoint Andrea Orcel as CEO means for the industry
Andrea Orcel and Ana Botín Andrea Orcel’s eventual non-appointment as chief executive of Santander will, in time, rank high on the list of dysfunctional succession plans in an industry known for some spectacular failures. Jaws hit the floor in September...
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