Author: super@dmin
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Investors can’t count on a best-case outcome with the China and Mexico trade spats
The most likely result is that the Mexico situation gets resolved and the U.S.’s relationship with China deteriorates, says Ivan Martchev.
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The Fed: Fed uses Chicago conference to signal it will use quantitative easing aggressively to fight next recession
Federal Reserve officials laid the groundwork this week for aggressive policy action, including buying Treasurys, to counter the next recession.
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Metals Stocks: Gold extends run to multimonth highs as dollar slumps
Gold furthers its advance in early Thursday trading after the precious metal scored its highest finish in 3 ½ months a day earlier, with market expectations for Federal Reserve interest-rate cut or cuts this year building in the lead-up to Friday’s closely watched nonfarm payrolls report.
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Europe Markets: Europe markets rise on central bank hopes
Investors look ahead to Thursday’s European Central Bank meeting
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Market Snapshot: Stock market poised to extend rally to a third day, with U.S. tariff talks, ECB in focus
U.S. stock-index futures rise on Thursday, putting the main benchmarks on track to book a third straight gain in the face of growing expectations for easy money policies from global central banks.
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Vitaliy Katsenelson’s Contrarian Edge: These opposite investment strategies are battling to control your stock portfolio
Growth-stock investors can gloat over value investors — for now, writes Vitaliy Katsenelson.
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NerdWallet: Beyond the initial bonus, make sure your travel credit card is earning its keep
Here are eight ways to win at the points game keep your card carrying its weight for years to come.
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The Wall Street Journal: Mexico sovereign debt rating cut one notch by Fitch
Wednesday’s downgrade to BBB from BBB+ came as Mexican officials met in Washington, D.C., with U.S. officials, seeking to convince the Trump administration to abandon threats to slap a 5% tariff on all imports from Mexico starting June 10.
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Asia Markets: Asian markets mixed as traders weigh trade tensions vs. hopes of Fed rate cut
Asian markets were mixed in early trading Thursday as investors weighed pessimism over global trade tensions against optimism that the Federal Reserve would cut interest rates.
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Market Extra: 3 things to watch for when ECB meets Thursday
Look for European Central Bank President Mario Draghi to maintain a dovish stance following the conclusion of Thursday’s policy meeting. Here are three potential highlights from the gathering.