Alex

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Janet Yellen: The Fed may be tightening, but quantitative easing's day will come again

The Federal Reserve may be in the middle of an historic reduction of its $4.5 trillion (£3.4 trillion) balance sheet, but quantitative easing’s day …

Economics

The Dow is telling the most important story about Trump

After crossing the 23,000 line this week, the Dow is up nearly 5,000 points, or about 27 percent, since Election Day. It wouldn’t be there under a …

Stock Markets

Investors Ignore What May Be The Biggest Policy Error In History

We are now at an all-time high in the expectation that the stock market will go up.<p>Economic policy uncertainty is at an all-time high, yet …

Why the Fed’s plans could cause a ‘turning point’ for the currency market

Germans are set to vote this Sunday in the country's parliamentary election, which will ultimately decide whether Chancellor Angela Merkel will hold …

Economics

FORMER CITI CEO: 30% of banking jobs will be wiped out in 5 years

In an interview on Bloomberg Television, the 60-year-old Indian-American said threats from artificial intelligence and robots will "change the back office."<p>"I see a banking world going from large financial institutions to one that's a little bit more decentralized," he told Bloomberg's Haslinda …

Swiss Bank

A 'new phenomenon' is helping propel stocks to record highs

The thinking is that they increase the appeal of bonds, which may result in investors reallocating from equity into fixed income. Higher debt expenses can also hurt a company's bottom line, reducing the appeal of its stock.<p>Deutsche Bank chief international economist Torsten Slok isn't buying it.<p>He …

Interest Rates

Obama's $400,000 Wall Street Speech Is Completely In Character

The rumors are true: Former President Barack Obama will receive $400,000 to speak at a health care conference organized by the Wall Street firm Cantor Fitzgerald.<p>It should not be a surprise. This unseemly and unnecessary cash-in fits a pattern of bad behavior involving the financial sector, one …

Middle-class

What's Really Driving the Trade Deficit With China

Hint: It's not cars or clothes or computers.<p>U.S. President Donald Trump has warned that discussions with his Chinese counterpart Xi Jinping in Florida this week will be "very difficult," in large part because of disagreements over trade. But before Trump can shrink America's lopsided trade deficits …

Economics

How To Tell When a Stock Is Overvalued

How To Tell When a Stock Is Overvalued<p>Some Warning Signs a Stock Might Be Trading In Dangerous Territory<p>Updated October 17, 2016<p>Over the years, many …

Economic Growth Lags Behind Rising Confidence Data

The stock market is booming and businesses and households are near their most confident in years. Yet the U.S. economy shows few signs of breaking out of its long stretch of subpar growth.<p>The latest evidence came Wednesday when the government reported that sales at the nation’s retailers—a key …

Economics

3 Reasons The Economy Will Be Fine After Today's Federal Reserve Rate Hike

Today the Federal Reserve raised its target Federal Funds rate by another 25 basis points (one quarter of a percent). Following a similar increase in December, this is a clear signal that the Fed is done excessively coddling the economy and is ready to pick up the pace of normalizing interest …

Economics

Post-Fed Rally Shows Central Bank Has More Room to Maneuver

Bond prices and stocks surge—while dollar stays muted—amid signs of a low-stress market<p>U.S. government-bond prices posted their largest one-day gain since June on Wednesday after the Federal Reserve raised interest rates for the second time in three months.<p>Traders said investors bought stocks and …

Federal Reserve

4 Ways You'll Feel The Fed Rate Hike Pinch Your Wallet

A robust U.S. economy triggered another quarter-point interest rate hike by the Federal Reserve. You’ll feel it in various ways, although it won’t be high drama in terms of dollars and cents.<p>If you’re a saver hoping to see yields rebound in a significant way, don’t hold your breath. But if you’re …

Personal Finance

The Fed Raises Interest Rates

The U.S. central bank's decision on Wednesday was widely expected, and is a sign of the economy's strength.<p>The U.S. Federal Reserve voted to raise interest rates for the first time in 2017 at its two-day Federal Open Market Committee (FOMC) March meeting, which concluded on Wednesday. The move was …

Here's how the market responded to the Fed's decision to raise rates

Federal Reserve Board Chair Janet Yellen said the main take-away from the move is that "the economy is doing well."<p>She said in a press conference, "We have confidence in the robustness of the economy and its resilience to shocks."<p>Both the S&P 500 and Dow Jones industrial average popped following …

Markets

Economists React: 'An Opportunistic Federal Reserve Raises Rates'

The Federal Reserve voted Wednesday to raise interest rates by a quarter percentage point to between 0.75% and 1%. Wednesday’s move was the first in 2017 and only the third in the past decade. Fed officials in economic projections accompanying their statement suggested it remains appropriate to …

Economics

Bill Gross on Fed Rate Decision and Bond Market

Billionaire bond investor Bill Gross, a fund manager at Janus Capital, reacts to the decision by the Federal Reserve's policy-setting Federal Open …

Markets

It's way too soon to panic about Fed rate hikes

The economy added 235,000 jobs, beating the forecast for 200,000 jobs.<p>A month ago, markets saw a rate hike as a low probability, just 28%. The odds are now 100%, according to Bloomberg's world interest rate probability.<p>The Fed's move is for all the right reasons, amid some rumbles of higher …

Markets

3 Stocks That Could Make You Rich

First of all, there's no reliable way to get rich <i>quickly</i> in the stock market, and these three stocks aren't going to do it for you. On the other hand, smart long-term investing is perhaps the <i>most</i> reliable path to wealth. With that in mind, here are three stocks that could do extremely well in the …

Opinion: Harvard teaches investors a lesson in what not to do

CHAPEL HILL, N.C. (MarketWatch) — Don’t fire your investment manager just because he failed to beat the stock market last year.<p>I can already hear the …

Investing

Five contrarian investment ideas for 2017

Most investors like to think they are buying when everyone else is panicking, and selling when others are piling<p>Doing so requires a strong stomach.<p>For those who want to go against the grain, here are a number of contrarian ideas that could do well in the year ahead.<p>As some involve significant risks …

Nervous about the U.S. bull market under Trump? The ‘Bond King’ says to look east

Alternate fact: Barack Obama was bad for the stock market. Actual fact: The S&P 500 SPX, -2.19% rallied 166% during the Obama years. Now, it’s Donald …

Stock Markets

The Market Has Already Started to Dump Trump

Stocks once regarded as out of favor with the incoming president outperformed following his news conference, confirmation of a move under way in the market for more than a month<p>Markets responded to Donald Trump’s rambling news conference on Wednesday by dumping Trump. The dollar and pharmaceutical …

Stock Markets

Tracking President Trump's Flip-Flops

When it comes to James Comey, President Donald Trump has flipped and flopped and flipped yet again on the former FBI director.<p>Overall, Trump has taken 32 new stances on 13 different issues since his election. The president’s shifting agenda has established him as one of the most unpredictable …

Donald Trump

The failures of capitalism have led to Brexit and a Donald Trump presidency

Failures of capitalism like increased inequality are connected to failures of economic thinking<p><i>This article originally appeared on AlterNet.</i> <i><br>Mariana Mazzucato, professor of the economics of innovation at the Science Policy Research Unit of the University of Sussex and author of The Entrepreneurial</i> …

Economics

China's dream of a 'market economy' remains unfulfilled - for now

Fifteen years after it joined the WTO, China wants the world to admit it into the club of market economies. But some of the country's trade partners …

China

A Fast Thousand Points on the Dow Just Isn’t What It Used to Be

As it stands, the Donald Trump bull market has a shot at knocking off a dot com-era record pertaining to how fast the Dow Jones Industrial Average …

Stock Markets

3 Great Dividend Stocks with a Clearance Sale Going on Now

Image source: Getty Images.<p>Nothing beats scooping up a great bargain in the stock market, especially if the stock offers both a solid financial outlook and a dividend that keeps growing. You will not only get more income you can take to the bank, but buying at an undeserved price-slash sets you up …