The bank boosted litigation reserves by $2.01 billion after striking the above-mentioned deal with Malaysian prosecutors over the bank's role in helping to enable a corrupt PM to use a sovereign wealth fund as his personal piggy bank.
A new proposal from the Trump Administration calls for all Chinese-domiciled companies with shares listed on American stock exchanges will need to comply with American auditing rules, or de-list by 2022...
Senior editor Ash Bennington speaks to David Bahnsen, founder and managing partner of The Bahnsen Group, about the economics of re-opening and the state of the…
"The market’s recovery has been more fragile than it appears, led by a few pandemic “winners” urged on by Fed policy, which flooded the market with capital and led to historically low interest rates, ongoing fiscal stimulus, and expectations of a vaccine by year‐end."
...the abundance of open gaps is one of the many technical issues that give pause about the eventual sustainability of this historic liquidity-driven rally...
With no imminent end to collapsing real yields - which just hit a new record low -1.10%, the side effects of financial repression warn of stagflation, asset bubbles and policy impotence.
