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Market News

Location American Market News for 21 July 2019
Copper Has Hit The Low Point In Its Cycle-Higher Prices Are Coming In this follow up to the spring copper forecast, the projected rally is underway.
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Roth Option Will Improve Your Company 401K

Forbes - 21 Jul 2019 15:04
Many of your plan participants would greatly benefit from a Roth 401(K) provision. From the perspective of the plan sponsor, it's a no brainer. It should be available on every plan. And you can enhance your plan benefits...
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Bitcoin, XRP, And LTC Prices Recover After Tumbling On Libra Hearings, What's Next? cryptocurrency markets are caught in a tag war between those who fear that political establishments will crush Bitcoin and altcoins, and true believers, who think that technology will prevail.
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Insurers Face Risk From Child Sex-Abuse Claims

Wall Street Journal - 21 Jul 2019 22:57
State laws expanding the statute of limitations for child sexual-abuse claims pose a growing financial risk to insurance companies. Seventeen states and Washington, D.C., have laws going into effect this year that extend...
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The Week Ahead: With All Eyes On Earnings Watch These Two Stocks The late Friday market decline put more pressure on stocks this week as a large number of S&P 500 companies are scheduled to report. There are two stocks that Tom Aspray examines from a technical aspect and he thinks the...
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Academically I'm Dovish, But Professionally I'm Bullish? The NY Fed's Williams tried to walk back a dovish speech, saying it was an academic speech and not a policy speech. That makes no sense to me, as you would think the 2 go hand in hand. Maybe that explains why there is ra...
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Why The Federal Reserve Shouldn't Cut Rates Until Quantitative Tightening Ends Most on Wall Street expect the Federal Reserve to cut the federal funds rate by 25 or 50 basis points on July 31.This isn't a wise move.
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Dow, S&P 500 And Nasdaq Set New Highs Early Last Week Then Faded The Dow Jones Industrial Average, S and P 500 and Nasdaq Composite remain below their third quarter risky levels.
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Banks Are The Largest Holders Worldwide Of Leveraged Loans And Collateralized Loan Obligations Irrespective of what lobbyists, politicians, or even regulators might say, banks own over half of leveraged loans and CLOs globally. In a downturn, growing illiquidity in these products would force banks to raise capital...
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Amazon Stopped Selling Books Promoting Conversion Therapy, And Some People Are Mad "Now the pitchfork and torch-wielding witch-hunt has come for our freedom to obtain and read books others believe are offensive," wrote one conservative critic of Amazon's decision. "How long until the most widely read b...
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The Money's More Than Free. Why Won't Europeans Borrow?

Wall Street Journal - 21 Jul 2019 16:03
When it comes to interest rates, the U.S. and Europe are upside down, writes James Mackintosh.
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Netflix's Long-Term Uptrend Has Cracked

Forbes - 21 Jul 2019 15:00
Netflix's Long-Term Uptrend Has Cracked Netflix's long-term trend has cracked and it may be a while before it is restored.
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U.S. Investment in African University Fails as China Advances

Wall Street Journal - 21 Jul 2019 13:00
The failure of a university project in Ghana marked a high-profile setback for U.S. government efforts to counter China's growing investment influence in Africa.
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Always compare the interest rates on offer before investing in fixed deposits.FD rates vary across banks, tenure and the amount you need to invest
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