Archive - Nov 19, 2015 - Story

"Welcoming immigrants and New Americans is a critical part of my strategy to grow Baltimore, and I hope that refugees from Syria will look to our city as a potential place to call home."

If you had any confidence in your ability to understand The Fed's future course of action, Fed vice-chair Stanley Fischer just destroyed it in a speech in San Francisco that beggars belief in its CYA hedgedness...

While talk of record backlogs of supertankers and an unprecented 3 billion barrels of crude oil stock-piles sound impressive - and are weighing on crude prices - the following stunning image provides some context for just what this means...

Having suffered a little recently on the heels of retailer concerns, Nike - the best performer in The Dow this year - is surging back towards all-time record highs after unleashing a new share buyback program (upping the limit from $8bn to $12bn), a stock split and a dividend boost.

"If you just exclude all the bad stuff, earnings look quite good."

"I hesitated on doing this but I literally owe Etrade $106,445.56 as of this moment what would you do if you were in my situation?"

One more time: It’s not Paris, Greece, China, Ebola, Fed rate-hike or not, etc... Nothing matters but OPEX...

The S&P 500 has not traded lower in the last 30 days of the year since 2002... will it be different this time?

Government and consumer watchdog groups have raised concerns about the ties between the Clinton Foundation, Canadian billionaire businessman Frank Giustra and the nation of Colombia. A charitable foundation running a private equity fund is "not something one hears about commonly" and is "very concerning," according to one watchdog group who say the practice is unusual and could pose a significant conflict of interest.

Just a day after a dismal read on GDP, the latest data out of Brazil shows a spike in both inflation and unemployment, as the country's economic outlook continues to deteriorate at an alarming pace.

There is no way Fed policy can be win-win-win for all participants.

With 53% of Americans opposed to opening the nation’s borders to those fleeing the war-torn Middle Eastern nation, it is perhaps no surprise that The House just voted overwhelmingly to slap stringent - and difficult to implement - new screening procedures on refugees from Syria seeking resettlement. While 47 Democrats defied President Obama's; due to absences, the vote did not quite nullify the threat of veto, without which the bill would  effectively suspend the entry of refugees into the US for months or years.

"The reason for our recession concern is not so much because of what the Fed is about to do – likely embark on a slow hiking cycle beginning in December – but because it did not start the tightening much sooner."