Market News
HSBC's Quiet Man Undone by a Lack of Action
Wall Street Journal - 5 Aug 2019 16:56
John Flint hoped to be remembered for an expansion of HSBC into China, surging profits and making the bank a nicer place to work.
An Outside Hedge Fund Is Driving Steve Cohen's Gains
Wall Street Journal - 5 Aug 2019 13:31
Billionaire Steve Cohen's hedge fund is up about 10% this year. But a significant part of that return has come from a money manager who doesn't work at Mr. Cohen's fund.
Libra Is Nothing More Than A Nice Idea
Forbes - 5 Aug 2019 17:00
There are reasons to think we could once again see some fiat currencies disappear. If so, what "something else" will be money in the future? Facebook's recently announced Libra project may eventually be one. But at this ...
3 Ways Grandparents Can Help Pay for College
Wall Street Journal - 5 Aug 2019 04:14
Grandparents have many options when it comes to contributing to a grandchild's educational costs. Each has its pros and cons.
What, Investors Worry? Yes, but U.S.-Stock Funds Are Up 19%
Wall Street Journal - 5 Aug 2019 04:12
Monthly Monitor: Wariness resurfaces as Fed signals it isn't eager to cut rates again soon after last week's quarter-point reduction.
Stocks and Bonds Are Up at the Same Time. It May Not Be Such a Bad Omen.
Wall Street Journal - 5 Aug 2019 04:09
Conventional wisdom says it is a bearish sign for equities when both stocks and bonds are rising. History says otherwise.
HSBC CEO John Flint Is Out After 18 Months in Role
Wall Street Journal - 5 Aug 2019 02:09
HSBC Holdings PLC said late Sunday its chief executive John Flint is out and new leadership is needed to meet the bank's challenges.
Henry's Original Cannabis Closes Series B Investment Round
Forbes - 5 Aug 2019 23:28
I love Henry's Original. They were one of the first pre-rolls that I truly fell in love with. Having just learned that this little cannabis company is about to become something much greater caught my attention.
Sell-Off On Trade Fears Intensifies, With Apple, Semiconductors Hit Hardest
Forbes - 5 Aug 2019 23:16
Monday's action wasn't pretty to watch, but this is what happens when the sausage gets made right in front of the market rather than behind closed doors. There are signs that investors have become more cautious, embracin...
Stock Markets Plunge In Response To China
Forbes - 5 Aug 2019 21:39
China's currency fell to a 10-year low Monday.
Overweight Tech Yet Finger Your Worry Beads
Forbes - 5 Aug 2019 20:46
Technology, barring bubbles, can tick at 1.5 times S&P 500 Index valuation. With the market at 18 times earnings and just minimal earnings growth in sight, tech cries out to be overweighted in a setting of minimal GDP mo...
Trade Tensions Whipsaw Hog Prices
Wall Street Journal - 5 Aug 2019 20:36
Global trade tensions weighed on trader expectations that China will continue to rely on U.S. pork exports, leading to a volatile session in hog futures.
Fear a Weak Yuan, but No Repeat of the Last China Crisis
Wall Street Journal - 5 Aug 2019 20:34
It's rare that anything labeled as a psychologically important level in markets actually matters. But seven yuan to the dollar--breached on Monday--really does.
12-Hour Countdown: A Dirt-Cheap Growth Stock That Might Be About To Surge
Forbes - 5 Aug 2019 20:00
It's a gamble to back shares undergoing massive transformation. But this growth giant might be on the cusp of something magical. Can you afford to miss it?
Fed to Create Payments System to Speed Money Transfers
Wall Street Journal - 5 Aug 2019 19:51
The Federal Reserve plans to develop a faster payments system for banks to exchange money, providing a public option to another real-time network built by big banks.
Tyson Foods, Gold Miners and Gun Makers Defy the Market Downturn
Wall Street Journal - 5 Aug 2019 19:51
What do chicken breasts, gold, plywood and guns have in common? Companies that produce them are up today, even as the broader stock market is getting crushed.
Crucial U.S. Stock Sectors Are Hitting New Lows And That Implies That The Broad Market Pullback Will Continue
Forbes - 5 Aug 2019 19:35
Against this backdrop it is imperative for investors to focus on the names that are not working as harbingers for further downside.
At Long Last, China Bears Draw Blood
Forbes - 5 Aug 2019 19:34
The Chinese yuan has crossed the rubicon into the 7s. What's next?
5 Things Every Investor Should Know Right Now
Forbes - 5 Aug 2019 19:34
Last week wasn't a dull one. The Fed became the latest central bank to cut interest rates, while President Trump escalated the U.S.-China trade war even further. Oh, and gold closed out July with a third straight month o...
What We Learned from Redlining Beyond Meat's Secondary Offering Docs
Forbes - 5 Aug 2019 19:32
Meat alternative marketer and recent IPO Beyond Meat (Nasdaq: BYND) reported quarterly earnings a few days ago, and concurrently, the company surprised the market with a secondary offering well ahead of the indicated 180...
Bears Lose Even on Down Days
Wall Street Journal - 5 Aug 2019 19:21
Highly shorted stocks are dangerous to bet against, even when market sentiment is negative.
The Fed as Trade-War Enabler
Wall Street Journal - 5 Aug 2019 18:39
The re-escalation of President Trump's trade spat with China make more rate cuts from the Federal Reserve seem like a certainty.