The UK government tried very hard to hold on. They had been able to raise $200 million from JP Morgan, a significant sum at that time under those circumstances. The British had also secured an almost equal amount from banks
November 14, 2017
The UK government tried very hard to hold on. They had been able to raise $200 million from JP Morgan, a significant sum at that time under those circumstances. The British had also secured an almost equal amount from banks
Fed’s QET To End Between 2020 & 2022 The chart below brings light to the timetable I’ve been discussing with regards to the Fed’s balance sheet unwind. I stated that it would be unlikely for the ECB to start an
The subject of asset bubbles and market crashes has fascinated me for more than 20 years. As an options market maker for Susquehanna International Group (“SIG”), extreme price movements were a daily source of concern. I sat next to Jeff Yass for
As the Mainstream media reports about the next phase of the glorious U.S. Shale Oil Revolution, the financial carnage continues to gut the industry deep down inside the entrails of its horizontal laterals. The stench of fracking fluid must be driving
How much does the business world shift in a century? Today’s visualization comes from HowMuch.net, and it uses Forbes data to show how the list of the top 10 companies in the U.S. has evolved over the last 100 years. 1917:
There’s been talk of Apple Inc. (Nasdaq: AAPL) carrying the iPhone maker to a $1 trillion valuation for more than a year, but talk about Amazon.com, Inc. (Nasdaq: AMZN) has emerged more recently. The two companies are in a race of sort, with
After Bloomberg reported that private equity firms Carlyle Group (CG) and Onex (ONEXF) have shown interest, Oppenheimer analyst Michael Wiederhorn says he believes a buyout offer for Envision Healthcare (EVHC) could approach $50 per share. The stock in afternoon trading
American Funds generated outstanding returns from some of its key funds during the third quarter as reflected in the Morningstar FundInvestor “Great 38” list. According to the list, out of 38 funds, 11 are under the American Funds’ family. The
WTI/RBOB prices tumbled today on demand outlook cuts (and late comments from Brazil and Russia with regard OPEC cuts) ahead of tonight’s API report which is expected to show crude and gasoline draws. However, WTI/RBOB prices extended their losses as Crude(biggest
