Author: super@dmin
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Asia Markets: Asian markets rise on trade-deal hopes, MSCI expansion
Asian shares were mostly higher on Friday after a report suggested that the leaders of China and the U.S. could be endorsing a trade deal in weeks.
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Key Words: The Fed’s been ‘a convenient whipping boy’ on Wall Street, Dudley says
Former New York Fed President William Dudley had a message for those who continually cite the central bank for the stock market’s woes: You can’t always blame us
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The Wall Street Journal: MSCI to quadruple index weight of stocks listed in China
Index provider MSCI Inc. said it would quadruple the contribution of mainland Chinese companies’ to its benchmarks, a move that makes shares in Shanghai and Shenzhen all but unignorable for many international investors.
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The Tell: The ‘existential threat’ cryptos pose to traditional payments systems ‘bears watching,’ says expert
Although the idea that cryptocurrencies will overthrow incumbent payment systems might seem far-fetched to most, according to one payments expert it is a scenario that crypto-skeptics shouldn’t dismiss.
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Greenspan warns U.S. budget deficit will ultimately lead to higher inflation
Former Federal Reserve Chairman Alan Greenspan warned Thursday that the $1 trillion deficit will breed inflation in the economy.
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If you want to be a successful stock market investor, don’t think like a Republican or a Democrat
Independent thinking is in short supply, but that’s what’s required to be objective in the U.S. stock market.
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Key Words: Why Bridgewater’s Ray Dalio’s anxieties about a near-term recession are cooling
Bridgewater founder Ray Dalio downgrades his expectations for a recession hitting the U.S. before 2020 to a roughly one-in-three chance, citing the Federal Reserve’s firepower as a reason for optimism.
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Currencies: Dollar trims losses after fourth quarter GDP beats estimates
U.S. dollar pares some of its earlier losses after fourth-quarter economic growth is stronger than expected.
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Jeff Reeves’s Strength in Numbers: Best Buy and five other brick-and-mortar retailers whose shares are worth buying in 2019
Death by e-commerce has been exaggerated — these stores are thriving amid the internet onslaught.
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More older people are being targeted by financial scammers — what to watch out for
The number of elder financial exploitation claims between 2013 and 2017 totaled more than $6 billion, says the CFPB.