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Latest News Headlines
Bloomberg: Dow Tops 20,000 as Earnings Feed Rally, Bonds Fall: Markets Wrap
The Dow Jones Industrial Average climbed past 20,000 for the first time as stocks around the world extended a rally after corporate earnings reignited investors’ optimism in economic growth. Bonds sold off with oil. [more...]
Bloomberg: Does Dow 20,000 Mean It's Time to Get Out?
Dow 20,000 - it’s the talk of Wall Street and maybe even worth a tweet from the president. But what’s t mean to professional investors? [more...]
Bloomberg: Dow 20,000: Your Gift for Living Through Brexit and the Election
Thinking too hard about investing doesn’t get you anywhere, wrote Jesse Livermore, legendary trader of the Roaring ’20s. To make the really big money, you just need to “be right and sit tight.” [more...]
Bloomberg: Top Forecaster Says Fed to Hike Rates Every Quarter in 2018
The Federal Reserve is about to go rapid-fire on interest rates, boosting them in the second half of this year and following that with a rise in every single quarter of 2018, according to BNP Paribas SA, which expects the tightening to strengthen the dollar and push gold down toward $1,000 an ounce. [more...]
Reuters: Asia stocks hit three-and-a-half-month high on Dow's surge, dollar slips
Asian stocks rose to 3-1/2-month highs on Thursday, cheered by the Dow Jones Industrial Average breaching the 20,000-level for the first time, though concerns about U.S. President Donald Trump's protectionist stance kept the dollar on the defensive. [more...]
Reuters: Oil prices rise on weakening dollar, but plentiful supplies cap gains
Oil prices rose on Thursday, driven up by a weakening dollar, but gains were capped by plentiful supplies and inventories despite an effort by OPEC and other producers to cut output and prop up the market. [more...]
CNBC: UBS: Why now may be the time to go long the euro
US dollar is a relative trade: Analyst US dollar is a relative trade: Analyst
The euro may have taken a beating from a combination of a strong dollar and fears over Europe's political future, but now is the time to go long, a UBS analyst told CNBC on Thursday. [more...]
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