Author: super@dmin
-
London markets higher on bank earnings
HSBC was one of several financial stocks outperforming on Friday
-
HSBC, SocGen earnings lift European markets
Strong showings from financials buoyed investors on the last trading day of the week
-
Vitaliy Katsenelson’s Contrarian Edge: How Warren Buffett’s longtime business partner enlightened the Oracle of Omaha
Get to know Charlie Munger if you want to understand Berkshire Hathaway, writes Vitaliy Katsenelson.
-
Fintechs want to become nationwide lenders, but they just hit a major roadblock
Online lending from the fintech sector is booming, prompting a legal duel between state and federal banking regulators.
-
Asia Markets: Asian markets pull back on Fed’s stance, lower expectations for trade deal
Asian markets were mostly lower in early trading Friday, as investors took in the effects of comments by Fed Chairman Jerome Powell and the latest round of U.S.-China trade talks.
-
Berkshire has bought Amazon stock, but Warren Buffett says it wasn’t him
“One of the fellows in the office that manage money … bought some Amazon,” the billionaire investor said.
-
Market Extra: Head of world’s largest hedge fund says adoption of unorthodox monetary policy is ‘inevitable’
It has been referred to by some business experts and economists as weird science, “garbage” and “nonsense” but Ray Dalio says that unconventional monetary policies may be required as traditional policy fails.
-
Market Extra: Powell delivers blow to bond market’s rate-cut bets
Powell delivered a harsh blow to bond-market bulls who anticipated a rate cut within the next two years.
-
Americans’ living standards are at an all-time high. Here’s proof
Income stagnation is a myth, and income inequality comes with prosperity, writes economist Ed Yardeni.
-
The Fed: Stephen Moore has dropped out of consideration for Fed post, Trump tweets
Stephen Moore has decided to withdraw from consideration for a seat on the Federal Reserve Board, according to President Donald Trump.