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Market News

Location American Market News for 22 September 2019

Where the World Stores Its Emergency Stockpiles of Oil

Wall Street Journal - 22 Sep 2019 16:00
Attacks on two Saudi Arabian oil facilities have sharpened focus on the world's ability to absorb massive shocks to its energy supplies and raised pressing questions about emergency stockpiles around the globe.
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A Pre-Retiree's Guide To Current Financial Markets There is a group of Baby Boomers I refer to as "90%ers." who accumulated about 90% of the wealth they need to retire in the manner they desire. However, given the awkward nature of the current investment market climate, ...
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Bitcoin Holds $10,000, As ETH, XRP, LTC, And XLM Deflate --What's Next? Ethereum's rally is bullish for the entire sector.
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NYSE Owner to Launch Long-Awaited Bitcoin Futures

Wall Street Journal - 22 Sep 2019 14:00
Intercontinental Exchange, the owner of the New York Stock Exchange, is set to launch its long-delayed market for bitcoin futures. It is betting that consumers, businesses and Wall Street will embrace cryptocurrencies.
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Selling On The Fed's Rate Cut

Forbes - 22 Sep 2019 22:57
Selling On The Fed's Rate Cut Generally, rate drops are positive for the economy, but the market did not seem to be overly excited by the outcome. Wayne Himelsein, one of my top managers, says when it comes to the Fed the old adage buy on the rumor a...
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Aramco is telling contractors to spare no expense getting facilities in working order after attacks.
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The REAL Oil Opportunities: Dividends Up To 8.5% Energy stocks are on fire again after a drone strike on a Saudi oil facility.
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A Strange New World: Economic Slowdown, Liquidity Issues The Fed continues to protect asset prices, and in result, widen the wealth gap.
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Unicorns' Pre-IPO Profit Claims Get Scrutinized

Wall Street Journal - 22 Sep 2019 19:20
Investors are starting to demand profits, or at least profits in the near future, from richly valued tech companies when they go public. That has put the spotlight on claims from companies including Peloton, We Co. and L...
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Time to Worry About Corporate Debt Again

Wall Street Journal - 22 Sep 2019 16:00
High levels of corporate debt didn't look so bad because profits were so high. Then the profit figures got revised lower.
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Mortgage-finance companies Fannie Mae and Freddie Mac are expected to start keeping their earnings as early as this week, pausing a yearslong arrangement in which they handed nearly all of their profits to the Treasury D...
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EPFO has been settling claims at the interest rate for 2017-18.After notification by Labour Ministry, withdrawal claims will be settled at the interest rate for 2018-19
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