Merrill Lynch

There are several 'red flags' in the oil market right now

There aren't enough buyers for the oil available in the world.<p>Last November, the Organization of Petroleum Exporting Countries tried to solve this by …

Oil

U.K. Credit Binge May Spur BOE's Carney to Rein in Exuberance - Bloomberg

What a difference a year makes.<p>Twelve months ago, Mark Carney reassured a nation going into political paralysis following the Brexit vote that the …

Mark Carney

WORLDWIDE HEALTHCARE: The trust which invests in medtech stocks

If you could bottle what drives veteran fund boss Samuel Isaly at the age of 72 to keep making money for investors, you would make a fortune.<p>Despite …

Health Care

Maharashtra to waive $5.27 billion in farm debts

MUMBAI (Reuters) - Maharashtra, home to the country's financial capital Mumbai, will waive $5.27 billion of farm loans, the latest state to offer relief to farmers reeling from losses caused by bad weather.<p>The state, ruled by Prime Minister Narendra Modi's Bharatiya Janata Party (BJP), has decided …

India

Quinn Stuebe, Alexander Hearne

Katherine Quinn Stuebe and Alexander Schade Hearne were married June 24 at St. Brigid Church in Peapack, N.J. Msgr. Edward C. Puleo performed the ceremony and the Rev. Louise Kingston participated.<p>The bride, 34, who is known as Quinn, is the integrated marketing director at Elle magazine in New …

University of Oxford

The Fed Needs to Acknowledge Slowing Economy

Too much debt is putting a strain on car sales, retail and commercial real estate.<p>As any market veteran can tell you, those on the sell-side are the second-to-last to concede to a slowdown in economic activity. It’s unseemly to make negative calls when a firm’s main objective is keeping its clients …

Bank of America

The Man Who Walked Away From a $40 Billion ETF Post at Merrill Lynch

Jon Maier may not rank among Wall Street’s biggest money managers, but he is as close to royalty as the $3 trillion exchange-traded fund industry gets.<p>Mr. Maier was, until May, the man who picked the ETFs that go into the prepackaged investment portfolios sold by Merrill Lynch. During his eight …

Finance

BANK OF AMERICA: Millennials could signal the 'big top' in the market

The bull market in stocks could eventually be added to the list of things that millennials allegedly killed.<p>According to Bank of America Merrill Lynch strategists, a rise in millennial participation in the market could be a sign of the top.<p>"You'll know it's the "big top" when millennials start …

Business

Brexit UK isn’t suffering – except by comparison to Europe

Brokers, fund managers and market indexes all suggest that Brexit UK is treading water while the eurozone roars ahead<p>Brokers and fund managers have …

Business

Oil slide muddies inflation outlook

World stocks struggled to hold onto earlier gains on Friday and were poised for a flat end to the week following another wobble in energy shares, …

Oil

News Highlights: Top Financial Services News of the Day

Bankers Brace for Chill in Helping Chinese Companies Buy Overseas<p>Global bankers are bracing for a further chill in what had been one of their juiciest businesses-helping Chinese companies acquire overseas-following news that China's banking regulator is probing some of the country's biggest deal …

Dow Jones Newswires

BAML takes Disney off its top picks list

Disney (DIS -0.4%) is scratched off the US 1 List at Bank of America Merrill Lynch.<p>The US 1 List is a collection of BAML's top picks from its …

Walt Disney Company

Global shares pause as oil Price continues to drag

Global s<i>tocks</i> found little traction Friday, while the British pound inched up on the first anniversary of the U.K.'s vote to leave the European Union.<p>Futures pointed to a 0.1% opening gain for the S&P 500, following a muted session in <i>Asia</i>. The Stoxx Europe 600 was down 0.1% in morning trading as …

Markets

Poland returns from the cold for bond investors

Sentiment towards Polish debt has recovered from last year as fears over the budget position ease<p>“Are we EM or DM?” asks Piotr Nowak, undersecretary …

Green Bonds

Why Millennial Home Ownership Is Declining

Michelle Meyer, Bank of America Merrill Lynch's head of U.S. economics, discusses the structural generational change in real estate with Bloomberg's …

Home Ownership

Lucy Sorrentini

Founder & CEO, Impact Consulting LLC<p>Lucy Sorrentini is the Founder and CEO of Impact Consulting, LLC, a Talent and Organizational Development Firm, …

Lifestyle

Daily State Of The Markets: The Primary Driver May Be As Simple As...

The "retail wreck" is real. The shine of financials is fading fast. The technology darlings have taken it on the chin of late. Energy is uninvestable …

S&P 500

Full Show: What'd You Miss? (06/21)

Guests include: BofA Merrill Lynch's Michelle Meyer, Rep. Eric Swalwell, a California Democrat, (Source: Bloomberg)<p>40:20 - Jay Bryson, global …

Business

Crude holds slight gain in Asia after sharp losses overnight

Investing.com - Crude prices gave up early gains in Asia on Thursday, but stayed in the black with sentiment focused on the pain point for U.S. shale …

Oil

Callon Petroleum appoints Loeffler as interim CFO

Callon Petroleum (NYSE:CPE) names Correne Loeffler as its interim CFO, assuming the role from President and CEO Joe Gatto, who will continue to …

Business

Five Things You Need to Know to Start Your Day - Bloomberg

<i>Want to receive this post in your inbox every morning?</i> <i>Sign up here</i><i>.</i><p>Bear market for Brent, biotech gets a Trump bump, RBNZ stays on hold. Here are …

Markets

US energy sector junk bonds pressured for second straight day

The debt of low-rated US energy groups came under pressure for the second day in a row on Wednesday, with oil prices coming under renewed strain.<p>The …

Oil

The importance of having a sponsor at your workplace

Sallie Krawcheck, the CEO and cofounder of Ellevest, is out to make women rich with her digital investment platform. But she also has some savvy career advice for those who want to succeed in the workplace. I found her advice about finding a sponsor at work to be particularly illuminating.<p>She spoke …

The Workplace

This tech fund manager has stellar returns — and says the sector’s valuations are fine

In interviews with dozens of money managers, a consistent theme has been that during this bull market is it has been very difficult for any active strategy to beat a broad index.<p>The bull market, which began in March 2009, has been driven in great part by the unprecedented period of low interest …

Investing

Why US bondholders should watch the oil market

Weak crude suppresses long-term yields

Oil

High-Yield Carnage Stays Contained for Now - Bloomberg

Oil’s latest foray into a bear market has left the world’s biggest junk bond ETF mostly unscathed, with the damage so far contained to the energy …

S&P 500 Index

BofAML downgrades Intel on AMD Epyc reveal; shares down 1.6%

Bank of America Merrill Lynch downgrades Intel (NASDAQ:INTC) from Buy to Neutral and lowers the price target from $42 to $38 after yesterday’s …

Advanced Micro Devices

Paid Program: Banking’s Digital Future

“Whoever delights you, keeps you.”<p>That’s the new paradigm in today’s digitally-focused banking landscape, says Vikrant Karnik, EVP & global head: cloud foundational services FS at Capgemini. For decades, he says, the consumer-banking model was built around customers who open accounts with a …

FinTech

BANK OF AMERICA: 'Oil is in a downtrend and risks trending into the $30's'

Oil prices fell to seven-month lows on Tuesday, as traders continued to grapple with a market that is oversupplied.<p>According to Paul Ciana, a technical strategist at Bank of America Merrill Lynch, oil is headed even lower and could revisit levels it hasn't hit in over a year.<p>"Oil is in a downtrend …

Oil

Foreigners Make $27 Billion Blunder in Missing Japan Stock Rally - Bloomberg

As the Nikkei 225 Stock Average rises toward its highest level in more than two decades, one group of investors has surprisingly missed out.<p>Since the …

Business