By MARK DECAMBRE What’s our damage so far? The bullish dynamic for risk assets on Wall Street is beginning to unravel, clearly. Blame it on trade-war fears, at least partly sparked by a May 5 tweet from President Donald Trump, or peg it to worries that the global economy is facing a pronounced slowdown. In any […]
TOKYO (AP) — European shares were mostly higher in early trading Thursday after a drop in Asia that followed another round of selling on Wall Street, set off by investor worries about a trade war. France’s CAC 40 added 0.4% in early trading to 5,242.66, while Germany’s DAX rose nearly 0.6% to 11,902.87. Britain’s FTSE […]
WASHINGTON (AP) — Facing new trade sanctions and a U.S. clampdown on its top telecommunications company, China issued a pointed reminder Wednesday that it has yet to unleash all its weapons in its trade war with the Trump administration. Chinese state media warned that Beijing could cut America off from exotic minerals that are widely […]
James Picerno The rear-view mirror continues to be kind to the major asset classes for year-to-date results. Every slice of the global markets is sitting on gains, based on a set of exchange-traded funds for 2019 performance through Friday’s close (May 24). But cracks are starting to appear in the foundation of this across-the-board rally. […]
Listen on: iTunes | Google Podcasts | Online Recently my firm was hiring a junior analyst – someone who’d work directly with me. In the past we’d post an advertisement and get hundreds of resumes and we’d have to dig through them trying to identify a candidate with the right pedigree and relevant experience.We have probably employed thirty interns over […]
Frugality is in my bones. From attending a community college before public university to living with my wife in a stunning tree house that I built from salvaged materials to driving my 15-year-old Volvo – I’ve always avoided expensive stuff. Here are my sometimes silly cheapskate tricks I’ve collected from a long life of adventures, at […]
By Jeffrey A. TuckerSUNDAY, MAY 26, 2019 “In the last few weeks,” writes Tyler Cowen, “I’ve seen a lot of evidence that a new political era truly is upon us.” Specifically, he refers to the stunning upsets against left social democrats around the world, along with the rise of what is being called the New Right. The New […]
BY ADAM GREENBERG, OPINION CONTRIBUTOR — 05/27/19 03:00 PM EDT Most people believe that tariffs and subsidies are anathema in the world of global commerce. I don’t think either will be critical to the agricultural community 10 years from now. The push for farm subsidies is already moving in the direction of innovation in agriculture as opposed to […]
In early 2012, Chicago mayor Rahm Emanuel warned residents and local politicians that, unless the city, along with the state of Illinois, started tackling its deep pension problems, “You won’t recruit a business, you won’t recruit a family to live here.” Seven years later, as Emanuel exits office, it’s becoming clearer what he meant. Continue […]
On the whole, global equities have advanced in the overnight session along with U.S equity futures as investors and traders return from a U.S and a U.K bank holiday. The ‘big’ DX has found some traction with U.S Treasuries, while crude oil trades mixed along with gold. Tit for Tatt There has been no progress in global trade talks […]