Author: super@dmin
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The Fed: White House’s Kudlow predicts Fed will cut interest rates soon
National Economic Director Larry Kudlow on Thursday predicted the Federal Reserve would cut interest rates soon.
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Mark Hulbert: Bitcoin is very likely to crash soon, research shows
The high probability of a decline derives from the rapid pace of its price rise, which in recent days has become parabolic.
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Facebook shares rise on Deutsche Bank price-target hike
Shares of Facebook Inc. are up 1% in mid-morning trading Thursday following two notes from financial analysts on additional advertising revenue streams for the social-media giant.
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Capitol Report: Facebook’s crypto plans look a lot like the ones the SEC is trying to stop
Facebook’s Libra is positioned as a currency, but regulatory uncertainty, including a recent SEC action against Kik Interactive means there’s still a lot of convincing to be done
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Key Words: Longtime Wall Street bull says he’s never seen this kind of action in the market
That’s the Leuthold Group’s Jim Paulsen explaining to CNBC this week how this “wall of worry” could be just the thing to ignite the next phase of this bull market. “It’s sort of a bearish market high,” he said.
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Outside the Box: 10 things I wish I knew about retirement before I retired
Unexpected events and expenses can derail the best-laid plans
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Bond Report: U.S. Treasury yields stand pat ahead of Sino-America trade talks
10-year yields mostly unchanged by positive economic data
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The Wall Street Journal: China’s Xi wants end to U.S.’s Huawei ban as part of trade-truce terms
Chinese President Xi Jinping plans to present President Trump with a set of terms the U.S. should meet before Beijing is ready to settle a market-rattling trade confrontation, raising questions of whether the two leaders will agree to relaunch talks.
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Metals Stocks: Gold risks back-to-back losses, slipping from 6-year high
Gold futures fall Thursday, headed for back-to-back losses after the haven metal scored a nearly six-year high early in the week.
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Market Snapshot: Boeing’s stock set to weigh on the Dow; China presents terms to strike trade truce
Futures for the Dow Jones Industrial Average turn lower after a report of a new flaw with Boeing Co.’s troubled 737 MAX jet fleet and as investors digest reports that China was setting terms for Sino-American trade negotiations to resume.