APNew England Patriots quarterback Tom Brady There were plenty of winners and losers this week, with the leading smartphone maker winning over a welcome yet controversial convert and a popular European theme park possibly discriminating on pricing. The iPhone -- Winner You may not think that there are any winners in the NFL's "Deflategate" scandal. Show More Summary
Another interesting 5 day run hurtles towards the weekend — we have your back with our morning train reads: • A Ten-Year Love Affair with Hedge Funds. Part four of CIO’s Google Trends series: How investors fell in and out of love with hedge funds—and how the relationship survives (Chief Investment Officer) • Flat stock markets: It’s not all doom and gloom...Read More
As the stock market spews volatility in the face of a Chinese rout, continued Greek uncertainty and economic reports that may change the Federal Reserve's plans, it is getting difficult to sleep
Traders decide what the 'inaction' of the Federal Reserve means over the intermediate and long-term. The ZIRP forever mentality fades ever-so-slightly as more than anything else, the Fed gets perceived as "let's not screw this up." A...Show More Summary
He stopped just sort of saying "Never Tweet."
Manuel Balce Ceneta/APFederal Reserve Chair Janet Yellen By Howard Schneider and Michael Flaherty WASHINGTON -- The U.S. economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open forShow More Summary
Puerto Rico sitch not great for US; Hedge funds like London; Disneyland Paris probe; Twitter; Yelp; Brazil; "Fugitive-turned-actor arrested after U.S. Marshals read film write-up"; and more.
IT TAKES some guts to be a bear about the sector you cover if you are an investment strategist. Generally speaking, strategists are employed by banks and banks are in the business of selling securities, the clients are fund managers who do well when asset prices rise and thus tend to dislike a party pooper. Show More Summary
Yahoo is buying style-tip specialist Polyvore in its latest attempt to become a more fashionable place to advertise.Financial terms of the deal announced Friday aren't being disclosed, signaling...
The same Android that runs on your phone also drives powerful larger tablets that connect to keyboards. For many tasks, they can replace your laptop while still keeping Netflix and and Candy Crush Saga going through the downtime.
Amy Winehouse died 4 years ago last week (July 23, 2011). She was a singular talent:
Succinct summations of events for the week ending July 31, 2015 Positives: 1. Durable goods increased 3.4% in June, above the 2.6% expected. 2. Case-Shiller home price index rose 4.4% y/o/y. 3. Weekly jobless claims rose to 267k off historically low levels; still very positive number. 4. July Markit services PMI rose to 55.2 from...Read More
I always find it amusing whenever someone expresses surprise that the financial bailouts for Greece haven’t benefitted Greek citizens. “Bailout Money Goes to Greece, Only to Flow Out Again” in the New York Times is just the latest example. “The cash exodus is a small piece of a bigger puzzle over why — despite two...Read More
Interesting few examples from the past showing Gold benefitting from rate increases, as per a report by HSBC’s FX strategist, David Bloom. A few caveats: Rate increases typically occurred during periods of elevated inflation, and during currency fluctuation, especially a weak dollar. At present, we have deflation, and the dollar is at 12 year highs. Traders...Read More
Anti-hedge fund protestors accusing "vultures" of profiting from a debt crisis? The president of Argentina presumably likes what she sees.
No sense of style or fashion does not a con man make, according to Alexis Tsipras's defense of his former colleague.
If only the economy and never almost collapsed and GM had never gone bankrupt...
Hey, taking your "Tribal Experience" public can be tricky.