Author: super@dmin
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Asia Markets: Asian markets mostly rise after reassuring earnings on Wall Street
Asian stocks were mostly higher on Thursday as positive U.S. earnings reports reassured investors that the world’s largest economy was on track.
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Raymond James earnings double from a year ago
Raymond James Financial Inc. RJF said Wednesday that its net income in the first quarter more than doubled from a year earlier, as revenue grew and its income tax expense fell dramatically. The investment bank reported net income of $249 million, or $1.69 a share, compared with earnings of $119 million, or 80 cents a…
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The Tell: A deep earnings ‘valley’ means trouble ahead for stocks, strategist warns
Barely two weeks after slashing his S&P 500 target for 2019, one Wall Street strategist is warning that even that figure may be in jeopardy if corporate earnings disappoint.
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Trump, in a bind on trade, will determine the direction of the stock market
The president needs to decide between political expediency and the long-term national interest.
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Outside the Box: We must rethink the purpose of investment
Investors who choose investments with the soundest purposes will achieve the best results, writes Michael Edesess.
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This is the best place to buy a home in the U.S.
A recent study looked at which housing markets have the winning combo of low prices and high inventory.
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The Wall Street Journal: Einhorn’s Greenlight sees wave of investor redemptions
A wave of redemptions in recent months hit billionaire hedge-fund manager David Einhorn’s Greenlight Capital Inc., pushing its assets below $3 billion.
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Currencies: Dollar continues slide as risk appetite sours
The U.S. dollar remained under pressure during Wednesday’s session, even as the appetite for risk that had defined morning trading across assets turned sour.
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Top Trump economic adviser says shutdown could led to zero GDP in the first quarter
The U.S. economy might not grow at all in the first three months of 2019 if the partial government shutdown goes on much longer, President Trump’s top economic adviser says.
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The Tell: Not clear if bitcoin can keep functioning with current design, says BIS economist
Bitcoin, the first and best-known digital currency, has specific limitations that may put its long-term sustainability at risk, according to the Bank of International Settlements.