Frontrunning: May 23

  • Rare Bipartisan Deal Rolls Back Postcrisis Banking Regulation (WSJ)
  • Fed Minutes to Detail Views on Inflation Overshoot, Yield Curve (BBG)
  • Turkey Heads Toward a Currency Crisis as Lira Goes Into Freefall (BBG)
  • U.S. warns citizens in China after 'abnormal' sound injures consulate worker (Reuters)
  • The Hard Truth at Newspapers Across America: Hedge Funds Are in Charge (BBG)
  • May 23, 2018 8:28 AM
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Another Nail In The "Buy And Hold" Coffin

Since 1895, the Dow, using daily data, has spent just 4.32% of its time at “new highs.” The rest of the time, investors were simply making up previous losses...

  • May 20, 2018 4:15 PM
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