Most Asian Markets Higher After Wall Street Gains
U.S. News & World Report–8 hours ago
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb. 27, 2018. Asian markets mostly extended gains on Tuesday after Wall Street finished higher overnight. The upcoming Federal Reserve chair’s testimony at …
Global Stock Recovery Fades Ahead of Fed Testimony
Wall Street Journal–2 hours ago
With Mr. Powell’s language likely to face fierce scrutiny, any misstep could temporarily shake markets. “Powell’s polished, but still a bit wet behind the ears in terms of communication—many central banks once in a while have the problem of having to walk back what they’ve said… Janet Yellen had her fair …
Consumers Lack EV Awareness, Even in the Nation’s Largest Market
Greentech Media–10 hours ago
California is the largest electric-vehicle market in the United States, accounting for approximately half of the nearly 800,000 EVs on the road nationwide. But, according to surveys conducted by researchers at the University of California, Davis, the rapid growth in the number of EVs and charging stations in …
Are The Stock Market Bulls Winning?
Forbes–Feb. 24, 2018
Before the recent market drop, I felt that 2018 was not going to buy and hold year as in my January 10 article, I commented that “I am still expecting one or more meaningful corrections in 2018.” This is the message from the monthly ATR analysis, as the ranges are likely to be wide over the next few months.
Buffett’s $11 Million Beach House Is Still on the Market
Bloomberg–1 hour ago
Warren Buffett auctions a lunch date for charity every year, and the winning bid usually stretches to seven figures. He twice sold his used cars to fans for multiples of their Kelly Blue Book value. Someone once even paid more than $200,000 to purchase his old wallet. (It had a stock tip inside.) For those who …
Why the global stock market crash doesn’t really matter
The Conversation US–Feb. 6, 2018
… of heart – and many people’s savings and investments were wiped out as a result. But it also means that just because the stock market has large losses today does not means these large losses won’t be quickly reversed in the future. (Perhaps even as you read this article, the market is going up again.) …
US Stocks Rise With Treasuries, Dollar Mixed: Markets Wrap
Bloomberg–Feb. 22, 2018
Traders seem unconvinced by the Federal Reserve’s hawkish tilt, with the market still pricing in less than the three quarter-point rate hikes that officials have signaled as likely this year. Minutes of the Fed’s January meeting indicated confidence the economy is strengthening amid signs inflation is rising.
US New-Home Sales Drop Again, but Economists Don’t See …
Wall Street Journal–20 hours ago
WASHINGTON—Two months of steep declines in sales of new homes across the U.S. haven’t persuaded many economists that the housing market is turning lower. Purchases of newly built single-family homes—a relatively narrow slice of all U.S. home sales—fell 7.8% in January after dropping 7.6% in …
CFTC Steps Up Enforcement Against Fraud, Market Manipulation
Wall Street Journal–1 hour ago
WASHINGTON—U.S. derivatives regulators are expected to file “more than 10” fraud and market-manipulation cases in the next weeks as the Commodity Futures Trading Commission chairman implements his back-to-basics approach, according to a person familiar with the CFTC’s enforcement operation.
Mansion Global Daily: Manhattan Market Looking Up, Dubai Rents …
Mansion Global–14 hours ago
Though the sales market in the Home Counties—sought-after counties surrounding London—is picking up steam, fewer super prime properties in the area were put up for rent during 2017. Rentals in the area tend to pick up when the sales market slows and vice versa. Jemma Scott of Knight Frank noted …
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