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Former Fed President Fisher: Is The Fed Waiting On 'Full Full Full Employment'?
Monday, September 19, 2016 - 3:40pm | 342Richard Fisher, the former president and CEO of the Federal Reserve Bank of Dallas, was a guest on CNBC on Monday to talk about the hot topic of interest rates. According to Fisher there is "very little market expectation" for a rate hike. On the one hand, the CPI is "running hot" and the Fed could...
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Former Dallas Fed President Is Worried About Insurance
Wednesday, May 11, 2016 - 12:57pm | 243Former Dallas Fed President Richard Fisher was a guest on CNBC's "Squawk Box" segment on Wednesday to discuss the Federal Reserve's monetary policy and what sectors could be most impacted. According to Fisher, a low interest rate environment may pose a notable risk for insurance companies. In fact...
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Pepsi Brings Fed's Fisher On Board
Tuesday, March 24, 2015 - 10:17am | 339PepsiCo Inc. (NYSE: PEP) announced on Monday that it had added Dallas Federal Reserve President Richard Fisher it its board. Fisher stepped down from his position at the Fed just four days prior and is well known for being an outspoken member of the U.S. central bank who pushed for the bank...
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The Good And The Bad Of The Fed's Interest Rate Policy
Monday, March 23, 2015 - 2:49pm | 370The Federal Reserve sent a dovish message to markets last week, removing the word "patient" from its statement. As a result, the equity markets have moved up, while the dollar index is slumping. Peter Fisher, BlackRock Investment Institute senior director and senior lecturer at the...
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When Should The Fed Raise Rates?
Tuesday, March 10, 2015 - 12:05pm | 358Investors and analysts turned their attention back to the U.S. Federal Reserve this week after strong jobs data suggested that the bank may be looking to raise interest rates sooner rather than later. The bank has kept borrowing costs near zero since December 2008, but most expect a rate hike some...
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Stocks Rally as U.S. Industrial Production Posts Largest Increase in a Year
Monday, December 16, 2013 - 5:22pm | 447The Federal Reserve reported on Monday that U.S. November industrial production increased by 1.1 percent. That was the largest percentage gain since November 2012, when production rose by 1.3 percent. The figure came in above analyst expectations of 0.5 percent, and surpassed its pre-recession...
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Yen Recovers From 6-Month Low, as Safe Haven Demand Rises
Wednesday, December 11, 2013 - 5:21pm | 471The yen strengthened for a second day against the U.S. dollar on Wednesday, as global stock markets declined and investors looked to the Japanese currency as a haven. Earlier in the week the yen had weakened after Japan's third quarter GDP was revised lower. BOJ Stimulus In April 2013, the...
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Gold Surges Higher as U.S. Dollar Softens
Tuesday, December 10, 2013 - 3:48pm | 460On Tuesday, gold futures rallied over $30 an ounce to the highest levels since November 20, while the U.S. Dollar Index weakened to six week lows. The Euro advanced against the U.S. dollar for a sixth consecutive day, aided by rising anticipation of a deal that would create a banking union with...
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Euro On A High As Global Economy Stabalizes
Tuesday, December 10, 2013 - 8:13am | 316The euro worked its way towards $1.38 on Tuesday morning after Monday's data confirmed that the global economy was on the mend. The common currency traded at $1.3752 at 5:15 GMT on Tuesday as investors looked to strong data from China and the US as a sign of improvement. Related: #PreMarket...
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Janet Yellen Remarks Highlight the Enduring Appeal of Dividends
Monday, November 18, 2013 - 4:15pm | 570In her remarks last week before the Senate Banking Committee Dr. Janet Yellen, nominated to replace Federal Reserve Chair Ben Bernanke, endorsed the continuation of the Quantitative Easing III program. Designed to keep interest rates low, Quantitative Easing III entails the Federal Reserve...
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What Can Be Learned When The Algos Are In Charge?
Wednesday, November 13, 2013 - 11:53am | 3171The goal of this report, which can oftentimes be classified as a meandering morning market missive, is to identify the primary drivers of the stock market. To be sure, there are certainly times when the drivers of the action are actually quite easy to identify. And then there are days like Tuesday...
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#PreMarket Primer: Monday, November 4: Twitter Faces International Challenges Ahead Of IPO
Monday, November 4, 2013 - 7:56am | 1152This week, Twitter’s nearly $1.4 billion initial public offering will be heavily anticipated as many wait to see whether or not the social media network will suffer the same fate as Facebook after last year’s botched IPO. Although Twitter has priced its shares much more modestly than Facebook,...
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Market Primer: Thursday, October 17: US Debt Deal Kicks The Can
Thursday, October 17, 2013 - 6:41am | 1233Congress made a last minute deal with just hours to go before the budget deadline and avoided a sovereign default. The US government agreed to a bill which will reopen the Federal government until January 15 and extend the nation’s borrowing authority until February 7, meaning markets may...
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Market Primer: Wednesday, October 16: Markets Wobble On Debt Deal Setback
Wednesday, October 16, 2013 - 6:49am | 1224With just two days until the US’ budget deadline, House leaders were unable to bring a GOP bill to the floor for a vote on Tuesday night. The last minute obstacle put pressure on markets as investors began to worry that defaulting was becoming a real possibility. Fitch Ratings warned that...
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World Markets Lower – Blame The Fed
Wednesday, August 7, 2013 - 12:02pm | 486What does it mean when you have a U.S. equity market that sold off Tuesday, futures down Wednesday, the Nikkei down four percent Wednesday, weaker dollar and weaker gold? The same thing as last time: the Fed is, once again, floating the tapering talk. The traders’ playbook is relatively...