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Market News

Location American Market News for 15 December 2019

The Sports-Memorabilia Market Continues to Score Big

Wall Street Journal - 15 Dec 2019 17:02
While baseball still rules, collectors these days can do particularly well with game-used items such as jerseys.
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Rule Change Could Help Tech Firms Advance Into Banking

Wall Street Journal - 15 Dec 2019 16:00
Tech companies' and banks' tussle over the future of finance may be getting a bit more intense.
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Fed Provides More Liquidity; Phase 1 Trade Deal, But No Corroboration On Jobs Report The Fed will liquify the markets, at least through year's end. With all of the bank reserves being created, there should also be a strong bid for bonds.
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The Euro Is A Structural Short As BoJo's Landslide Victory Ensures The U.K.'s Exit From the E.U. With Boris Johnson's landslide victory in last week's U. K. general elections, the path to Brexit is now clear.
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Hopes for Global-Growth Rebound Drive Copper Rally

Wall Street Journal - 15 Dec 2019 17:54
Copper prices rose last week to their highest level in seven months, highlighting how a brighter view of the world economy is supporting riskier corners of the market.
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When Only One Spouse Wants to Handle the Money

Wall Street Journal - 15 Dec 2019 17:00
Getting a reluctant partner involved in retirement finances may be hard, but it is crucial.
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Many offer useful advice for gentle persuasion while others spell out a more direct approach.
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Singapore's Democratic Party Forced To Correct Singapore's "fake news" law nabs the opposition.
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Japan's Regional Banks Get a Fresh Look From Big Investor

Wall Street Journal - 15 Dec 2019 15:00
Longtime financier Yoshitaka Kitao is generating buzz with plans to unite regional banks into a loose confederation under the banner of his company, SBI Holdings.
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Investors are pulling back from positions in haven assets like gold, the Japanese yen and dividend-paying stocks, a sign of mounting optimism as recent developments ease long-held worries about trade and global growth.
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Trade Deal: A Reason To Buy?

Forbes - 15 Dec 2019 01:41
Trade Deal: A Reason To Buy? News that a U.S. China trade deal had finally been agreed on helped stocks last week but with few specifics and understandable skepticism from professional traders should you really be buying now?
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