‘Trumponomics’ writer Art Laffer: I am a ‘huge fan’ of Fed chief Powell’s handling of interest rates
Federal Reserve Chairman Jerome Powell, often criticized for increasing interest rates by President Donald Trump, has been effective at the helm of the nation’s central bank, conservative economist Art Laffer told CNBC on Wednesday. “I’m a huge fan of Powell’s,”...
Stocks plunge may have been a too fearful reaction to trade, economic worries
After sharp gains in the past week amid hopes for a trade deal, stocks fell back into correction mode Tuesday, plunging on worries the trade talks could fail and that global growth is slowing. But some strategists said the selling,...
Stocks making the biggest moves after hours: Hewlett Packard Enterprise, Marvell Technology and more
Check out the companies making headlines after the bell: Hewlett Packard Enterprise shares rose as much as 1 percent after its fourth-quarter earnings report beat analysts’ estimates. The company reported earnings of 45 cents a share on revenue of $7.95...
Treasury yield curve inversion is ‘noise’; veteran investor Jack Ablin suggests markets overreacting
Veteran investor Jack Ablin suggests Wall Street is overreacting to the first Treasury yield curve inversion in a decade. According to Ablin, the 5-year Treasury note yield falling below the 2- and 3-year yields should not raise a red flag....
Jamie Dimon doesn’t expect permanent China-US trade deal in just 90 days
J.P. Morgan Chase CEO Jamie Dimon said a permanent trade agreement between the U.S. and China will be tough to reach in just 90 days. “There’s no way you can see the complexity of these trade negotiations in 90 days,”...
London to lose $900 billion to Frankfurt due to Brexit, German finance group claims
London is predicted to lose up to 800 billion euros ($909 billion) of assets by March next year, as banks move their business operations to other hubs before Brexit takes place. Lobby group Frankfurt Main Finance (FMF) released the figure...
UK peer-to-peer lender Zopa gets banking license as it looks to compete with industry giants
British peer-to-peer lender Zopa has obtained a U.K. banking license, clearing a key hurdle in its bid to launch a digital bank and compete with industry giants. The company said on Tuesday that it had been granted an initial permit...
Stocks making the biggest moves after hours: Restoration Hardware, Smartsheet and more
Check out the companies making headlines after the bell: Restoration Hardware shares jumped over 22 percent in the extend session after reporting quarterly earnings. The furniture company raised its fourth quarter and fiscal year revenue guidance. Though Restoration Hardware said...
US-China trade war is not over, says investor Mark Mobius
Noted investor Mark Mobius is betting that the U.S-China trade war is not coming to an end. The truce between the two countries is “good news but I don’t think it’s over,” the co-founder of Mobius Capital Partners told CNBC...
Costco downgraded as members-only retailer faces higher sales hurdles
Tougher sales comparisons and food price deflation at Costco will cut into performance in 2019, according to Citigroup, which downgraded the membership-only retailer to neutral on Monday. Citi analyst Kate McShane expects Costco to be a “standout” next year but...
Signal2forex.com - Best Forex robots and signals




