The tete-a-tete between Italian citizens and former Prime Minister Matteo Renzi came to a head last week. The country voted “No” to Renzi’s proposed restructuring of Italian banks and austerity measures. I assumed the “No” vote would send global markets
December 10, 2016
Source: Japantimes 15 Billion Euro. That’s the magical (and real) number the Italian bank Banca de Monte Paschi has to be worried about. 15 Billion Euro is the approximate amount its customers have withdrawn from their bank accounts since January.
India continues to stagger from bad to worse following Modi’s demonetization. With just 35% of ATMs nationwide operational, Goldman warns the shortage of cash continues to incentivize the use of alternate payments, including extension of informal credit and a return to barter systems.
Credit Suisse Group AG (ADR) (NYSE:CS) shares didn’t see a lot of action during the third quarter. Overall, hedge fund sentiment was unchanged. The stock was in 13 hedge funds’ portfolios at the end of the third quarter of 2016.
For those following the dynamic momentum rankings for ETF Rotational Trading, this Monday is a new trade day and the following should occur: Liquidate at Monday’s open any positions entered last month. Enter new rankings at open on Monday. Please
OPEC’s production agreement looks solid but the upside for Brent and WTI is capped at around $60 a barrel according to Bank of America Merrill Lynch’s commodities analysts Francisco Blanch and Max Denery. OPEC’s production agreement has attracted plenty of
OPEC’s production agreement looks solid but the upside for Brent and WTI is capped at around $60 a barrel according to Bank of America Merrill Lynch’s commodities analysts Francisco Blanch and Max Denery. OPEC’s production agreement has attracted plenty of
Many experts penned numerous articles this year proclaiming that the gold market was ready to take off and that 2016 would be the year that the gold bull resumed its upward trend. They spoke of our high debt, a weak
American Funds Washington Mutual A Fund (AWSHX – Free Report) seeks to provide current income and opportunity for growth of principal consistent with sound common-stock investing. AWSHX invests at least 95% of assets in equity securities. AWSHX invests in stocks that meet strict
Barron’s is going wild over the Dow. The magazine says Get Ready for Dow 20,000. Why not 80,000? The Dow is up 13% so far this year, the Dow is outpacing both the S&P 500 and the Nasdaq. Is this yet
