Market News
Stakes For Bitcoin Are Highest Since The 2017 Bubble
Forbes - 7 Feb 2020 18:06
Bitcoin's chart is at a crucial area. Stuck between lower highs since 2017 but higher lowers in its long-term trend, and the heralded "havening" around the corner, bitcoin speculators expect King Crypto to be on the verg...
Impossible Dream? Uber Aims At Profitability In 2020
Forbes - 7 Feb 2020 16:09
Uber's costs are rising much faster than its decelerating revenues. Can it really become profitable in 2020?
Will Crude Oil Ever Bottom?
Forbes - 7 Feb 2020 17:07
The decline of crude oil and energy stocks in 2020 has gotten quite a bit of attention as the bearish sentiment is quite high. Technical analyst Tom Aspray takes a look to see if there are any signs that crude oil is rea...
Pro Tip: Transition To These "Late Cycle" Dividends Now
Forbes - 7 Feb 2020 23:50
"Late cycle" is a popular guess. But how late?
Obama's Last Three Years Of Job Growth All Beat Trump's Best Year
Forbes - 7 Feb 2020 23:06
President Trump continues to gaslight that this is the "Best economy ever". When you compare the three years he has been in office to Obama's last three, Trump's yearly job growth didn't exceed any of Obama's. Over that ...
Bank of America Keeps CEO's Pay at $26.5 Million
Wall Street Journal - 7 Feb 2020 22:36
Bank of America greenlighted a $26.5 million pay package for its top executive in 2019 after the bank's shares marked their best run in years.
Justice Department Presses Ahead With 'Spoofing' Prosecutions
Wall Street Journal - 7 Feb 2020 20:55
A yearslong crackdown on cheating in futures markets is yielding new wins for the government, but several trials to come will show whether the Justice Department's focus on a tactic known as "spoofing" is ultimately succ...
New SoftBank Tech Fund Falls Short of $108 Billion Fundraising Goal
Wall Street Journal - 7 Feb 2020 20:37
The technology giant will raise far less than anticipated for its next fund after investors, disillusioned by bad bets like WeWork and by the chaotic and unorthodox way the fund operates, have refused to put up new cash,...
'Panic Shopping' In Hong Kong, While Mainland China Depends On E-Commerce
Forbes - 7 Feb 2020 20:08
Meanwhile, JD.com says mainlanders are buying everything from baking flour to rice online in record numbers due to coronavirus lockdowns.
'Bachelor' Fans Look to Venmo for Proof of Love
Wall Street Journal - 7 Feb 2020 19:30
Mobile apps are already playing spoiler to traditional payment methods. They may be doing it to reality-television shows, too.
Oil Prices Swing as Investors Weigh Coronavirus Fallout
Wall Street Journal - 7 Feb 2020 18:53
Crude futures seesawed this week as investors tried to gauge the fallout from the coronavirus that has sickened thousands in China and tamped down demand in the world's largest importer of oil.
A Hot, but Not Overheated, Jobs Report
Wall Street Journal - 7 Feb 2020 18:47
Growth in the labor force and in payrolls sent the economy an all-clear from the jobs report.
Goldman Private-Equity Push Takes a Hit
Wall Street Journal - 7 Feb 2020 18:35
A leader of Goldman Sachs Group's flagship private-investing business has quit, the latest senior departure at the Wall Street firm and one that could undermine a big fundraising push.
Bond Funds Are Hotter Than Tesla
Wall Street Journal - 7 Feb 2020 18:00
Investors are diving into the bond market like never before. It's a sign of prudence, not folly, says Jason Zweig.
U.S. Government Bond Yields Fall on Uncertain Economic Outlook
Wall Street Journal - 7 Feb 2020 17:55
U.S. government bond prices rose, as poor European economic data and continued coronavirus fears outweighed a solid U.S. jobs report.
Wuhan Doctor's Death A Massive Headwind For China Coronavirus Sentiment
Forbes - 7 Feb 2020 17:20
Will Dr. Li's death anger people in China over a government too quick to censor, and punish? Meanwhile, nearly half economy on hold.
Fast Food Giants Need To Tackle Climate And Water Risks, Investors Warn
Forbes - 7 Feb 2020 17:00
Fast food companies face a number of threats from climate change, but are not doing enough to tackle them, investors say.
Tidjane Thiam's Ouster Raises More Questions at Credit Suisse
Wall Street Journal - 7 Feb 2020 17:00
Tidjane Thiam's ouster from the helm of Credit Suisse solves one problem for the board but creates others.
Overall Fed Temporary Liquidity Ebbs
Wall Street Journal - 7 Feb 2020 16:51
The overall amount of temporary liquidity provided to financial markets by the Federal Reserve Bank of New York continued to decline on Friday.
Fed Officials Likely to Take Comfort From Jobs Report
Wall Street Journal - 7 Feb 2020 16:37
The solid January employment report offers another source of comfort for Federal Reserve officials, who shifted to a make-no-moves posture in October after cutting interest rates.
A New Way for Stock Traders to Rebalance: Meditation
Wall Street Journal - 7 Feb 2020 16:29
Some studies indicate that mindfulness leads to better investment performance.
Jobs Bonanza Follows Strong Earnings From Uber, But Coronavirus Puts Damper On Market
Forbes - 7 Feb 2020 16:22
The 3.1% January wage growth is something you like to see, because it could mean consumers continue to feel optimistic about the economy. Strength in construction jobs might have reflected warm weather, but the manufactu...