Author: super@dmin

Updated with the SEC’s settlement with Tesla and Elon Musk. MarketWatch rounds up 10 of its most interesting topics over the past week. 1. Running off at the tweet Tesla and CEO TSLA, -13.90%  Elon Musk have settled with the Securities and Exchange Commission over civil fraud charges springing from his infamous “funding secured” tweet…

Plenty of bear traps are being set to snare the bull market: • When the unemployment rate makes a cyclical low (Fig. 1). ­• Initial unemployment claims scream, “Get out! Get out!” (Fig. 2) • Buying stocks when the yield curve is flat and on the verge on inverting. (Fig. 3). • Buying stocks when…

NEW YORK (Project Syndicate) — The recent exchange between Joe Stiglitz and Larry Summers about “secular stagnation” and its relation to the tepid economic recovery after the 2008-2009 financial crisis is an important one. History does not repeat itself, but it rhymes, Mark Twain reportedly once said. But, to paraphrase Bob Dylan, in light of…

The decline in U.S. life expectancy and rise in “deaths of despair” have been widely attributed to the growing opioid crisis, but new research says there are many more factors at play, including immigration and income inequality. The psychological well-being of Americans has been dwindling for the last 40 years, affecting all groups and regions…

Be careful what you chat your coworkers — it could be costly. Slack Technologies Inc., the popular workplace messaging service, is preparing to go public as soon as the first quarter of 2019, according to a report in The Wall Street Journal. The report, citing people familiar with the company’s plans, said the company expects…

What trade war? While the news flow during the third quarter of 2018 was wildly volatile, with a narrative on trade policy that seemed to shift by the day, you’d never know it to look at the U.S. stock market, which rose broadly and resumed 2017’s trend of steady gains with limited volatility. In contrast…

Dear Moneyist, My uncle spoiled us, when I was growing up. He put us on the payroll of the company he owned. He provided us substantial gifts over the years: $5,000 here and $10,000 there. One time, I received $55,000. All in, I probably received $200,000 or more from my teens until I turned 31.…

Elon Musk is being sued by the SEC Two former executives of LendingClub mishandled investors’ money and fudged the returns of funds that they oversaw, the SEC charged Friday. Ex-CEO Renaud Laplanche, former finance chief Carrie Dolan and a LendingClub subsidiary will pay a combined $4.2 million to settle the charges. The settlement also bars…

Reuters New York Fed President John Williams is a member of Fed Chairman Jerome Powell’s inner-circle The Federal Reserve is on the cusp of making monetary policy decisions without holding the market’s hand, said New York Fed President John Williams, on Friday. Over the past few years, Fed policy has been “cautious and relatively predictable,”…

The S&P 500 posted its best quarter since the end of 2013 as stocks closed mostly unchanged for the session on Friday after economic data painted a mixed picture of the economy. How did major benchmarks fare? The Dow Jones Industrial Average DJIA, +0.07% rose 18.38 points to 26,458.31, while the S&P 500 SPX, +0.00%…