Author: super@dmin
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Market Extra: Scaramucci — the ex–White House staffer — says these are the three things Trump needs to do to boost the stock market
Anthony Scaramucci is back at SkyBridge Capital hedge fund, which he founded in 2005 but that hasn’t stopped the quondam White House staffer from proffering a few pieces of advance to his former boss to juice the stock market.
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Victoria’s Secret parent L Brands among 7 retailers Wells Fargo is backing in 2019
Retail sales are expected to grow in 2019 though experts expect headwinds.
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The Tell: Wall Street is getting bearish, but not bearish enough
Money managers and financial advisers remain surprisingly upbeat, according to analyses from Bank of America Merrill Lynch and the Ned Davis Research Group.
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The Fed: Why Wall Street might be right that the next move from the Fed will be an interest-rate cut
The idea that the next move by the Federal Reserve will be an interest-rate cut is not out of the question, economists say
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Market Extra: This chart shows slower global growth is dragging down the 10-year Treasury yield
The global growth slowdown is commanding the attention of the Treasurys market.
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Key Words: Man who called Dow 20,000 says if ‘we avoid a recession, we’re going to have a really good’ stock market
The Wharton professor who forecast that the Dow Jones Industrial Average would soon see 20,000 at the end of 2015, says a combination of a better-than-expected corporate and economic results should embolden bulls in the near term.
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The Wall Street Journal: U.S. oil drillers aren’t producing as much crude as forecast, finds WSJ report
Thousands of shale wells drilled in the last five years are pumping less oil and gas than their owners forecast to investors, raising questions about the strength and profitability of the fracking boom that turned the U.S. into an oil superpower.
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What to do if the stormy stock market has derailed your retirement plans
Turning a downturn into an opportunity.
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The Wall Street Journal: ECB appoints administrators for troubled Italian lender Banca Carige
The European Central Bank appoints temporary administrators to oversee troubled Italian lender Banca Carige after a majority of its board members resign.
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Netflix stock falls after SunTrust slashes price target
Shares of Netflix Inc. were down 2.5% Wednesday morning after analysts at SunTrust Robinson Humphrey slashed their stock price target to $355 from $410.