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Market News

Location American Market News for 1 October 2019

A Gamble to Reshape the Global Airline Industry

Wall Street Journal - 1 Oct 2019 11:32
Do airlines actually benefit from global alliances like SkyTeam and Oneworld? Delta just bet $2.3 billion they don't.
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Popular in Wisconsin: Cheese, the Packers and...Risky Bonds

Wall Street Journal - 1 Oct 2019 11:30
A Wisconsin agency has issued billions of dollars in tax-exempt debt across the U.S., and some of that debt is now starting to sour.
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What Comes Next After Bitcoin's Plunge?

Forbes - 1 Oct 2019 05:16
What Comes Next After Bitcoin's Plunge? Bitcoin traders should keep their eyes on a pennant pattern that is currently forming.
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The availability of inexpensive debt on increasingly generous terms is supporting auto industry sales and profits. For consumers, it's become a crutch to support their expectations.
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How Traders Get Enormous Tax Deductions, And Investors Do Not Traders eligible for trader tax status deduct business expenses, startup costs, and home office deductions. A TTS trader may elect Section 475 for exemption from wash sale loss adjustments (deferrals), the $3,000 capital...
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WeWork Skepticism From 300 Real Estate Conference Calls WeWork's unsuccessful IPO attempt has generated a lot of media attention over the last two months. In Forbes, we ran a comparison of the disclosed related party transactions versus recent high profile IPOs.
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Facebook Scrambles to Keep Libra on Track as Partners Waver

Wall Street Journal - 1 Oct 2019 23:57
Cracks are forming in the coalition Facebook Inc. assembled to build a global cryptocurrency-based payments network
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Barclays, Citi and others agreed to buy up to $280 million of the loans amid tepid demand for junk debt.
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Softbank Needs A $24 Billion WeWork Valuation To Break Even On Its Investment Unless WeWork gets a bigger valuation, SoftBank is in for a big paper loss.
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Alibaba, Tencent, NetEase Executives Ranked Among China's Top Multinational Leaders Other listees include Wan Long, whose WH Group acquired Smithfield Foods in the U.S for $4.7 billion in 2013. and is one of the world's largest meat processors
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Stitch Fix's active client base grew 18% year over year, reaching 3.2 million people, the company said when it reported earnings after the bell on Tuesday.
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Don't Bet On A Breakout From This Dow Underperformer Walgreens Boots Alliance stock just ran up to a historically bearish trendline
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Beneath The Surface We Believe Something Long-Term Is Not Right That said, beneath the surface we believe something long-term is not right. Two of the larger train wrecks in market history have involved the tech and housing bubbles bursting. In common with both of those disasters: am...
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The comments came after the ECB last month unveiled a large stimulus package aimed at shoring up the wobbling eurozone economy.
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Free Trades Aren't the End of the World for Online Brokers

Wall Street Journal - 1 Oct 2019 19:18
Shares of online brokers were sharply lower after Charles Schwab introduced free trades, but there is a future for the sector.
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Schwab Just Cut Online Trading Commissions. Here's What That Means For Investors The years-long battle over low-fees in the brokerage industry continues.
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Americans Least Hopeful On USMCA Deal. Mexico Sees It As A Must-Win White House trade and manufacturing guru Peter Navarro says the new NAFTA will pass this month.
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Meat Strikes Back as Diet Wars Rage On

Wall Street Journal - 1 Oct 2019 18:46
On Wall Street, meat substitutes are all the rage. But in the world of dietary science, meat may be making a comeback.
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U.S. Government Bonds Jump After Weak Manufacturing Data

Wall Street Journal - 1 Oct 2019 18:45
The yield on 10-year Treasurys fell after the Institute for Supply Management manufacturing index contracted for a second consecutive month.
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Manufacturing Struggles Matter More Than You Think

Wall Street Journal - 1 Oct 2019 18:30
Manufacturing activity is sputtering in the U.S., which matters more to the broader economy than many assume.
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U.S. Impeachment Risk To Rise Through Next Week Forward-looking updates from GeoQuant's high-frequency political risk intelligence platform.
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3 Timeless Lessons For Your Retirement Plan Just like most things on Wall Street, there are several ways to successfully plan for your retirement, the key is to find one that works for you.
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