October 1, 2019
“The Federal Reserve Bank of New York added $63.5 billion to the financial system Monday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets…” https://www.wsj.com/articles/fed-adds-63-5-billion-to-financial-system-in-repo-transaction-11569846438
September 27, 2019
“The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China. Gross domestic product, the… Continue Reading…
September 24, 2019
“The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates. The Fed will… Continue Reading…
September 23, 2019
“Viacom – Viacom bought the exclusive cable TV rights to the hit sitcom “Seinfeld” from Sony Pictures Entertainment, beginning in October 2021. Netflix had recently acquired the global streaming rights to “Seinfeld.”… Caesars Entertainment – Caesars announced the sale of its Rio hotel and casino in Las Vegas… Continue Reading…
September 18, 2019
“Millennials carry an average of $27,900 in debt, not including mortgages, according to new data released today by Northwestern Mutual. Gen Z, the oldest of whom are now 22 years old, have an average debt of $14,700. Having sizable debt at… Continue Reading…
September 16, 2019
“Stocks opened lower Monday, after oil prices jumped sharply in the wake of a weekend attack on Saudi Arabia’s largest oil facilities knocked out more than half of the kingdom’s production. The Dow Jones Industrial Average DJIA, -0.32% fell 97.22 points, or 0.4%,… Continue Reading…
January 1, 2021
“Bitcoin (BTC) trading is opening new avenues for citizens in Communist-run Cuba, which has been financially isolated for years under a United States trade embargo. A Sept. 12 report from U.S. News claims that with the recent advent of mobile internet in the… Continue Reading…
September 11, 2019
“Bone up on the term “market rotation” if you want to hold your own at the water cooler these days… Diving right into the debate is our call of the day from a team led by J.P. Morgan’s global head of quantitative… Continue Reading…
September 11, 2019
“Amazon is looking to fill 30,000 jobs and, to help accomplish that goal, it plans to host career days in six cities across the US next week. The open spots span a variety of skill and experience levels, from entry-level… Continue Reading…
September 10, 2019
“The S&P 500 closed little changed in the session, but value stocks — those with low multiples and stable fundamentals — significantly outperformed their growth counterparts. The iShares Edge MSCI USA Value Factor ETF (VLUE) jumped 1.8% on Monday while the iShares Edge MSCI… Continue Reading…
Recent Comments