Market News
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.
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.
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.
FAANG (Facebook, Amazon, Etc.) Stocks Have Lagged This Year. Here's Why
Forbes - 15 Oct 2019 23:37
The once-darling tech stocks have lagged behind their usual pace of growth.
The Barriers to Investing in Private Equity Are Too High
Forbes - 15 Oct 2019 22:22
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.
United Airlines shares rise on improved earnings forecast, quarterly beat
CNBC - 15 Oct 2019 22:15
United Airlines' third-quarter earnings topped Wall Street estimates.
These 7% Dividends Have Never Lost Money
Forbes - 15 Oct 2019 22:10
If you're stuck with measly dividends from stocks or Treasuries, closed-end funds (CEFs) are the answer.
September Cyrptocurrency Macro Recap
Forbes - 15 Oct 2019 21:57
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...
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.
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.
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.
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.
Never Underestimate Institutional Myopia
Forbes - 15 Oct 2019 19:32
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...
JP Morgan and big bank earnings: Here's what Wells Fargo's former CEO and other experts are saying
CNBC - 15 Oct 2019 19:28
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.
As Troubles Mount, WeWork Forced To Choose Between Two Bailout Offers
Forbes - 15 Oct 2019 19:25
WeWork's problems aren't over yet.
Should you rent that easy chair to lounge around in or just buy it?
livemint.com - 15 Oct 2019 18:43
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
'Never let lifestyle expenses come in the way of saving'
livemint.com - 15 Oct 2019 18:34
The savings Nairs had got channelized into organized investment when they met a planner
Opinion | In the age of data overdose, what's relevant to you?
livemint.com - 15 Oct 2019 18:31
Data becomes useful information only when you put it to productive use
Netflix faces its final quarter of calm before the streaming wars begin
CNBC - 15 Oct 2019 18:26
Disney+ and Apple+ will have launched by the time Netflix's next reports quarterly earnings. HBO Max and Peacock will soon follow in 2020.
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.
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.
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.