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US Stocks Set To Open Lower On Friday As Investors Eye Cyclical Stocks: Trump's Treasury Pick In Focus, Expert Says Case For Fed Pause In December 'Getting Stronger'
Friday, November 22, 2024 - 6:36am | 1216U.S. stocks could open on a negative note on Friday after futures showed tentativeness on Friday. Investors turned their focus to cyclical stocks and themes, moving on from their focus on the Trump trade after the election results. Futures of the three major indices were mixed, with the Nasdaq...
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Federal Reserve To Implement Six Rate Cuts In 2024 Amid Economic Slowdown, Says ING
Saturday, December 2, 2023 - 3:28pm | 463In light of a decelerating economy, ING Economics is forecasting a series of interest-rate reductions by the Federal Reserve in 2024. What Happened: This strategic move, involving six rate cuts, is a response to the current economic slowdown, with the first cut expected in the second...
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Fintech Focus For March 9, 2021
Monday, March 8, 2021 - 6:49pm | 1938Quote To Start The Day: “If I look at trading when I started, I would say a phone or occasionally a computer got broken at least once a week, or once every two weeks,” Dunn, Citigroup’s global co-head of rates trading, said during a virtual roundtable last week, held ahead of...
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Fintech Focus For December 16, 2020
Tuesday, December 15, 2020 - 6:59pm | 1992Quote To Start The Day: “When we’re talking about public markets — when you decide to go public — you go from one to two businesses. The business of whatever you’re in, let’s call it making widgets, and the business of being public.” Source: David Buzkin...
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Fintech Focus For December 11, 2020
Thursday, December 10, 2020 - 6:51pm | 2295Quote To Start The Day: US President Donald Trump and his backers, having been stymied dozens of times by judges and elections officials across the country, are confident one last-ditch lawsuit will overturn his election loss. “All I ask for is people with wisdom and with courage, that...
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Fintech Focus For November 9, 2020
Monday, November 9, 2020 - 1:47am | 2438Quote Of The Day: We don’t see things as they are, we see them as we are. - Ana’s Nin Fintech Movers: Major finance players are using distributed ledger technology to reshape the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. - CB Insights...
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Fintech Focus For October 14, 2020
Tuesday, October 13, 2020 - 8:31pm | 2432Quote Of The Day: I never dreamed about success, I worked for it. - Estee Lauder Fintech Movers: After years of working in and around Ethereum, Jonathan Perkins, alongside John and Charles Crain, founded SuperRare in 2017 on the back of a new non-fungible token (NFT) standard. Now, SuperRare...
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Fintech Focus For October 2, 2020
Thursday, October 1, 2020 - 7:50pm | 2542Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...
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What To Make Of A Messy First Quarter For US Retailers
Tuesday, April 9, 2019 - 8:20am | 643U.S. retail sales numbers from the month of February looked pretty bad at first glance, but there may be reason for optimism in the retail space. Earlier this month, the government reported a 0.2-percent decline in February retail sales, but there are a handful of caveats to the low number. Deep...
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Why Investors Are Worried About 'Japanification' In Europe
Tuesday, March 12, 2019 - 8:00am | 578Over the past week, #japanification has been trending among economists and investors on Twitter. The term has been on investors’ minds since the European Central Bank warned last week that economic growth in the eurozone would be much lower in 2019 than it previously anticipated. What Is...
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Market Wrap For March 19: Yellen Hints of Higher Rates & Sooner Than Expected End To Taper
Wednesday, March 19, 2014 - 6:03pm | 2470The Fed announced that it will increase its tapering by a further $10 billion in addition to dropping the 6.5 percent unemployment rate threshold which has been the target rate to hike the Fund Funds rate. Thirteen of 16 Fed officials expect the Fed Funds rate to rise by the end of 2015. The...
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Barron's Recap (5/26/12): The Top 50 Annuities, and Tech Firms Hoard Cash
Sunday, May 27, 2012 - 8:05am | 1041This weekend in Barron's online: the top 50 annuities, Intel finally goes mobile, what tech companies should do with all that cash, and the prospects for Snap-on. Cover Story "The Top 50 Annuities" by Karen Hube. A year ago, guaranteed payouts and benefits on all kinds of annuities were far more...