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Market News

Location American Market News for 15 October 2019

Brexit Hopes Carry Pound and Banking Stocks Higher

Wall Street Journal - 15 Oct 2019 19:03
The British pound and stocks of banks and home builders in the region rallied on reports that the U.K. and European Union might be close to finishing a draft divorce agreement.
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Elizabeth Warren's Rise Is Battering Health-Care Stocks

Wall Street Journal - 15 Oct 2019 15:52
Health-care stocks are lagging behind the broader market as the Democratic presidential candidate Elizabeth Warren climbs in political polls.
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JPMorgan Flexes Muscle as Goldman Stumbles

Wall Street Journal - 15 Oct 2019 22:52
The results show that the largest U.S. banks have yet to feel the sting of recent interest-rate cuts and turbulence in the stock and money markets.
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FAANG (Facebook, Amazon, Etc.) Stocks Have Lagged This Year. Here's Why The once-darling tech stocks have lagged behind their usual pace of growth.
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The Barriers to Investing in Private Equity Are Too High The rich are getting richer and the poor are getting poorer, and for that we can largely blame policies of envy that increasingly restrict investors' access to wealth-building instruments.
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United Airlines' third-quarter earnings topped Wall Street estimates.
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These 7% Dividends Have Never Lost Money

Forbes - 15 Oct 2019 22:10
These 7% Dividends Have Never Lost Money If you're stuck with measly dividends from stocks or Treasuries, closed-end funds (CEFs) are the answer.
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September Cyrptocurrency Macro Recap

Forbes - 15 Oct 2019 21:57
September Cyrptocurrency Macro Recap The digital asset market had a full news cycle during the third quarter, including ongoing difficulties for Libra, negative news surrounding potential ETF launches, Bakkt's rollout, Binance's US exchange launch and subse...
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Google Not Home Yet in Hardware

Wall Street Journal - 15 Oct 2019 21:22
Alphabet's Google has long been able to afford to play in hardware like it has nothing to lose. But that enviable position has yet to produce a clear win.
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The Market's Brexit Enthusiasm Is Exaggerated

Wall Street Journal - 15 Oct 2019 19:58
Financial markets are jumping at any sign of a Brexit deal between the U.K. and the European Union, but the extent of the moves may exaggerate how optimistic investors actually are.
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Schwab's Growing Cash Absorbs Interest-Rate Impact

Wall Street Journal - 15 Oct 2019 19:49
Charles Schwab reported record third-quarter earnings that topped expectations, as growing cash balances helped the e-broker offset the effect of falling interest rates.
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Pinterest Shares Slide as Lockup Expires

Wall Street Journal - 15 Oct 2019 19:37
Big institutional investors are now free to unload their shares of the online image-board company, sending the stock down more than 8% this week.
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Never Underestimate Institutional Myopia

Forbes - 15 Oct 2019 19:32
Never Underestimate Institutional Myopia Better concoct your own working hypothesis than adopt another's macro forecast, particularly the consensus forecast. Invariably, it steers you wrong. Six months later you'll switch to a new forecast, but that, too, prove...
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J.P. Morgan's earnings results stood out Tuesday as it and its fellow financial giants kicked off reporting season, and experts liked what they saw.
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As Troubles Mount, WeWork Forced To Choose Between Two Bailout Offers WeWork's problems aren't over yet.
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A lot of millennials prefer renting furniture and appliances but it doesn't always make sense to do so.If you're sure you'd be living in a place for over two years, then buying furniture may be a better option
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The savings Nairs had got channelized into organized investment when they met a planner
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Data becomes useful information only when you put it to productive use
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Disney+ and Apple+ will have launched by the time Netflix's next reports quarterly earnings. HBO Max and Peacock will soon follow in 2020.
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Banks Bounce, but Rates Still Exert Gravitational Pull

Wall Street Journal - 15 Oct 2019 18:19
Beneath the surface of banks' decent quarter are some troubling trends.
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Buffett Critic Has Extra Mustard, Less Bread

Wall Street Journal - 15 Oct 2019 18:15
David Rolfe and Wedgewood Partners are hardly household names. The Missouri-based firm got plenty of press recently, though, by dissing a far more famous Midwestern investor.
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Results Show Health-Care Businesses Remain Strong

Wall Street Journal - 15 Oct 2019 17:52
Better-than-expected earnings from Johnson & Johnson and UnitedHealth Group provide some much-needed good news for health-care investors.
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