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Market News

Location American Market News for 16 January 2016

Wells Fargo Surpasses Citigroup in Assets

Wall Street Journal - 16 Jan 2016 04:25
Starting the new year, most big banks are touting their regimens to slim down, while Wells Fargo just keeps growing, surpassing Citigroup to become the third-largest U.S. bank by assets at the end of 2015.
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Why The Stock Market Is Volatile, Why Volatility Hurts, And What To Do About It Unless you made a resolution not to read, listen to or watch the news in 2016, you’ve likely noticed that “the market” is off to a stumbling start. Indeed, one glance at the headlines, at least the ones that don’...
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3 Reasons To Invest In January's Bear Market I left for Asia on January 4 -- to lead a Babson College MBA course on startups in Hong Kong and Singapore -- and returned on the 15th to a "bear market."
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Is the Market Right That the Fed Is Wrong?

Wall Street Journal - 16 Jan 2016 17:57
With stocks and oil prices sinking as U.S. growth shows signs of a slowdown, some on Wall Street are questioning whether the Fed will stay the course.
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The Week Ahead: Is Bullishness Low Enough Now? Investors had a ray of hope last Thursday as stocks had the best day since early September. The calm was quickly shattered before the US open on Friday as crude oil and Chinese stocks resumed their plunge. In early tradi...
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New Pacer ETF Hedges Dollar's Swings Against The Euro Investors interested in venturing to Europe have 75 exchange-traded funds to choose from, according to ETFdb.com. Pacer ETFs -- a newcomer to the ETF industry -- launched two new Europe ETFs in December: The Pacer Trendp...
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The Big Short gives a rare peek at City life

Telegraph - 16 Jan 2016 15:46
The Big Short gives a rare peek at City life A new film on the 2008 crisis adds a dash of glitz to the details of short-selling
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China equities regulatory system had flaws: CSRC chief Xiao says an immature bourse and participants, incomplete trading rules, an inadequate market system and an inappropriate regulatory system were to blame
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Gold surges Rs340 to hit over 2-month high on global cues Gold of 99.9 and 99.5% purity surged by Rs340 each to Rs26,550 and Rs26,400 per ten gram respectively
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Is it over yet? Two weeks in, 2016 feels like year of the bear About $21 billion have been pulled out of equity funds in the past two weeks
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As the prospect of an influx of crude from Iran pushed oil prices below $30, Iranian officials were looking at ways to keep from selling oil on the cheap, including barter and investing in foreign refineries.
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Stocks Have Been Getting Slammed, But Some See Bargains In The Wreckage With dozens of companies miles below their recent peaks, fund managers are sharpening their pencils.
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Why This Market Meltdown Isn't a Repeat of 2008

Wall Street Journal - 16 Jan 2016 01:00
Financial-market losses are coming fast and furious. As scary as they are, talk of a 2008-style crisis in the U.S. is wrong.
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