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Fintech Focus For October 5, 2020
Sunday, October 4, 2020 - 4:10pm | 1727Quote Of The Day: The only real prison is fear, and the only real freedom is freedom from fear. - Aung San Suu Kyi Fintech Movers: With COVID-19 and remote work causing many people to reconsider where they live, cities like Austin, Denver and Salt Lake City have increasingly come into the...
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'Room For Disappointment': Stock Market Update For The Week Ahead
Monday, September 14, 2020 - 7:10am | 2287The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness in the technology sector. Remember This: “While valuations have hinted to overstretched markets in the past, it’s tough to say where stocks should be trading right now. We just witnessed the...
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This Pro Is Warning Investors To Take Off Their 'Beer Goggles'
Monday, August 1, 2016 - 1:56pm | 288Peter Boockvar, The Lindsey Group's chief market analyst and a CNBC contributor, has a cautious view on the U.S. market. Speaking as a guest on CNBC's "Squawk Box" segment on Monday, Boockvar went as far as to say that the current market is a "very dangerous" place for investors as easy money from...
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What The Heck Is Quantitative Easing, Really?
Thursday, January 7, 2016 - 1:42pm | 444If you've been wondering what's driven the recent bull market in stocks… ...wonder no more. Let former Dallas Fed head Richard Fisher make it plain. He told CNBC this morning: “What the Fed did, and I was part of that group, is we front-loaded a tremendous market rally...
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Credit Suisse Clients Have Never Been More Confused About The Economy, Report Reveals
Friday, October 16, 2015 - 2:45pm | 425Equity research analysts at Credit Suisse stated that so many of their clients "do not know what is happening" in the global economy. The report added that U.S. investors were "clearly cautious," while European and Asian investors were "more constructive." The analysts concluded that their clients...
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Ray Dalio: The Next Big Fed Move Will Be QE, Not A Rate Hike
Tuesday, August 25, 2015 - 1:39pm | 462While most of the rest of the world is debating “when” rather than “if” an FOMC rate hike is coming, Bridgewater Associates founder Ray Dalio sees a much more troubling scenario unfolding. According to Dalio, the next major move by the Federal Reserve will be easing rather...
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Fedophobia
Sunday, August 16, 2015 - 11:03am | 921In a report published Friday, Bank of America analyst Ethan Harris explored the "what's next" scenario, as the Federal Reserve's September rate hike isn't completely out of the question. Harris may have been the first to coin the term "Fedophobia" back at the end of July when he noted that the...
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Exclusive: Merchant Cash And Capital/Bizfi Founder On Small Business Optimism And More
Thursday, July 16, 2015 - 2:46pm | 1289According to the NFIB’s latest Small Business Optimism Index, small businesses took a hit in June. The index plummeted 4.2 points after five months of positive growth. Stephen Sheinbaum is the founder of alternative lending companies Merchant Cash and Capital and Bizfi. Sheinbaum told...
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Why The ECB Probably Won't Utilize Quantitative Easing
Friday, October 24, 2014 - 11:55am | 566Alpari Market analyst Craig Erlam says that even though it seems like most people want to see quantitative easing from the European Central Bank, it probably won’t happen. He was recently a guest on Benzinga’s #PreMarket Prep to explain the problem with the ECB trying quantitative...
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Market Wrap For March 19: Yellen Hints of Higher Rates & Sooner Than Expected End To Taper
Wednesday, March 19, 2014 - 6:03pm | 2470The Fed announced that it will increase its tapering by a further $10 billion in addition to dropping the 6.5 percent unemployment rate threshold which has been the target rate to hike the Fund Funds rate. Thirteen of 16 Fed officials expect the Fed Funds rate to rise by the end of 2015. The...
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Benzinga Market Primer: Wednesday, April 17
Wednesday, April 17, 2013 - 6:45am | 1267Futures Lower on Weak U.K. Employment Data, Easing Fears U.S. equity futures declined in the pre-market following weaker than expected U.K. employment data which showed that the U.K. economy lost jobs unexpectedly in March. Also, fears over the massive global QE, specifically in the U.S. and Japan...
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Fed Reiterates Policy, Stays the Course, Markets Unchanged
Wednesday, March 20, 2013 - 4:56pm | 636The FOMC released its interest rate and policy decision statement today alongside updated economic forecasts creating little news. In fact, the only real news was in the forecasts as they changed slightly, but the FOMC reiterated its stance to continue easing so long as the employment market...
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Benzinga Market Primer, Friday, January 4: Non-Farm Payrolls Edition
Friday, January 4, 2013 - 7:57am | 899Futures Flat Ahead of Employment Report U.S. equity futures were flat in overnight trading ahead of the much anticipated employment report, the last for 2012, as hawkish Fed minutes made investors second guess the so-called QE Infinity program of the Fed. However, as the Fed now has its rate...
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Spain's De Guindos, Germany's Schaeuble Reach Agreement on Bond Buying
Tuesday, July 31, 2012 - 2:38pm | 519Tuesday afternoon, reports from Madrid revealed that the ECB and other European authorities may in fact be closer to purchasing bonds in the open market than previously thought. Earlier, markets were discounting the reticence of key German economists in supporting bond market purchases. However,...
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No QE Just Yet, Fed Minutes Suggest
Wednesday, July 11, 2012 - 4:23pm | 301Let's wait and see on QE3. That was the market's read of the Federal Reserve's Federal Open Market Committee (FOMC) minutes released this afternoon, creating a swift and negative investor response. The Dow Jones Industrial Average moved 100 points lower intraday on the announcement, and stocks...