Article By:
Tyler Durden
Thursday, October 18, 2018 9:58 AM EDT
It may be the bete noir of the credit market, but despite the gradual phase out of the infamous manipulated benchmark, Libor remains the reference rate for trillions in floating rate debt instruments.
In this article: UUP Also: TNX
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Article By:
The Fly
Thursday, October 18, 2018 9:45 AM EDT
Shares of Gap Inc. dropped in pre-market trading after an analyst at JPMorgan downgraded shares to Underweight, pointing to sales weakness at the apparel seller's flagship Gap stores as well as profit margin pressures.
In this article: GPS
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Article By:
AllAboutAlpha
Thursday, October 18, 2018 9:34 AM EDT
The future of institutional investment and asset allocation will be irrevocably changed by alternative data and algorithms.
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Article By:
Joerg Bibow
Thursday, October 18, 2018 9:23 AM EDT
Modern Monetary Theory is a call for action, alerting policymakers and the public that decisions about infrastructure, the environment, or progressive social programs are nothing but political choices within the fiscal powers of sovereign states.
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Article By:
Bespoke Investment Group
Thursday, October 18, 2018 9:10 AM EDT
Equities are looking to start the day a little lower, but futures are off their lows of the overnight session.
In this article: SPX
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Article By:
Dividend Growth Investor
Thursday, October 18, 2018 9:04 AM EDT
Last week Eaton Vance Corp. raised its quarterly dividend by 12.90% to 35 cents/share. This marked the 38th consecutive dividend increase for this dividend champion.
In this article: EV
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Article By:
Jill Mislinski
Thursday, October 18, 2018 8:52 AM EDT
In the week ending October 13, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 5,000 from the previous week's revised level.
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Article By:
Robert Savage
Thursday, October 18, 2018 8:32 AM EDT
Noise beat signal overnight, but the FOMC minutes continue to echo in investor ears and risks going forward. The Fed has a number of members that are aiming high like archers seeking the perfect trajectory.
In this article: UUP
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It’s debatable whether the recent stock market slide created some bargains, but there’s another corner of financial markets where inefficiencies prevail more regularly – the closed-end fund universe.
Whether or not any central banker chooses to appreciate the fact, money is an important economic tool. Before it ever gets to be a store of value, there has to be some correct supply so as to become a medium of exchange.
There’s no question that the U.S. economy is undergirded by consumer spending. As much as 70 percent of domestic GDP is attributed to personal consumption.
The market has difficulty extending the move; and hence besides risk returning, it supports the idea that yesterday was mostly short-covering.
In history, there's always a battle of the isms.
USD/MXN is now trading at the 18.81 area, unfolding an intra-day reversal up from the lows, which can suggest a minimum three-wave recovery in the near-term, ideally to around 19.00 zone.
