Author: super@dmin
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Key Words: ‘It’s extremely negative’ if shutdown lasts much longer: Morgan Stanley CEO
The government shutdown poses a threat to economic momentum, Morgan Stanley Chief Executive James Gorman says.
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The Ratings Game: GE stock could fall more than 30% as recent rally based on ‘nothing,’ analyst says
Shares of General Electric have outperformed their industrial peers and the broader stock market by a wide margin this year, but J.P. Morgan analyst Stephen Tusa cautioned investors into reading too much into the bounce, which he said has based on “hope” rather than any real news.
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Market Snapshot: Stocks struggle as investors weigh earnings optimism against slowing global growth
Stocks are struggling to find direction, while investors parse corporate earnings, keep an eye on trade tensions and a long-running government shutdown.
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Cryptos: From barely a murmur to revived talk for a central-bank crypto — here’s the bitcoin buzz from Davos
It may not have grabbed the headlines this year like Davos 2018, but when a group of financiers get together, the conversation eventually lands on bitcoin.
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Mark Hulbert: Why denial might be a smart investment strategy
5 ways to avoid reacting irrationally to the stock market’s volatility
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Leveraged loans are in uncharted territory and that’s a big risk, Moody’s says
The quality of protections built into the terms of North American leveraged loans weakened to their worst ever level in the third quarter, Moody’s Investors Service said on Thursday.
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Love & Money: Millions of Americans keep this dirty secret from their partner
Some 35% of people in a new survey say cheating on your partner or spouse is just as bad as keeping this secret.
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Key Words: Waiting in line for food? Commerce’s Ross says unpaid federal workers can get loans during shutdown
When asked Thursday about reports of unpaid federal workers going to shelters for food during the ongoing partial government shutdown, Commerce Secretary Wilbur Ross said they can get loans.
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Currencies: Dollar remains stronger but euro finds respite after ECB policy update
The U.S. dollar remained firmed as Thursday’s session went on, but the euro climbed back out of the trough it hit on the back of the European Central Bank’s first monetary policy update of the year.
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Zelle posts another big quarter of growth as banks take on Venmo, Square Cash
Money-transfer service Zelle — banks’ answer to Venmo — continues to gain traction with users and financial institutions, showing that there’s much room to run in the peer-to-peer payments space.