The proposed rules are designed to create additional new infrastructure, which will likely have unintended as well as intended consequences. In that sense its looks a lot like a U.S. version of MiFID-II
Over the past six weeks, 30.3 million jobs have been lost which is 3.5 times the total number lost during the Great Recession and 18.4% of the civilian labor force as of February 2020.
Yesterday, after the market closed, Google parent company Alphabet (GOOG:GOOGL) released their earnings for the first quarter. They were basically a mixed bag. But it was oddly reassuring.
Despite different versions of what the economic recovery will look like—a V-shaped snap-back or a more gradual U-shaped version—one thing is clear: there is no template to work from.
The main focus for today, outside of earnings reports and this morning’s first 1Q 2020 GDP print, is the Federal Reserve’s monetary policy decision at 2 pm ET.
The main focus for today, outside of earnings reports and this morning’s first 1Q 2020 GDP print, is the Federal Reserve’s monetary policy decision at 2 pm ET.
Tesla (TSLA) ended 2019 as the hottest stock on the market and the shares, which are up more than 70% year to date, haven’t given up much ground despite the pandemic.
Nasdaq’s Andreas Lundell, Head of CSD Product Management, Market Technology, recently shared his views on blockchain based eVoting in Global Custodian.
Warren Buffett once famously said, “Cash combined with courage in a time of crisis is priceless.” This notion is true when it comes to distressed debt investing.
Both sides --Republicans and Democrats -- seem to believe that the rate of economic recovery is dependent upon the party affiliation of the current White House resident. Both sides are wrong.