By Tony Sagami On September 6, 201908:50 AM Eastern
What would you do with your money if the Federal Reserve deposit rate was a negative 0.4%?
Sure, U.S. banks hardly pay anything these days, but at least they pay something, which is not the case...
By Mike Larson On September 6, 201908:00 AM Eastern
I don’t know if you’re a fan of William Butler Yeats. Or if you lean more toward Longfellow or Whitman. But he is one of the 20th century’s most famous and acclaimed poets.
Yeats wrote a poem...
By Juan M. Villaverde On September 5, 201904:00 PM Eastern
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Bitcoin Still Hibernating
The longer a market hibernates in a sideways chop, the more powerful the subsequent...
By Jon D. Markman On September 5, 201903:10 PM Eastern
Stocks gapped higher Thursday before leveling off midday after the White House and China announced that they would restart trade negotiations in Washington next month. Stop me if you’ve heard this...
By Sean Brodrick On September 5, 201912:22 PM Eastern
The market is bolting higher today, because China and the U.S. have agreed to hold another round of trade talks next month. In other words, they’re talking about holding talks. When have we heard...
By Jon D. Markman On September 5, 201906:28 AM Eastern
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Publishing Note: There might be no letter on Friday. If so, I’ll see you Monday morning.
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Stocks stormed back to the top of their one-month range on Wednesday, following rallies...
By Juan M. Villaverde On September 4, 201904:09 PM Eastern
If Aesop's classic tale of the Tortoise and the Hare were applied to crypto, Cardano (ADA) would be the former; Bitcoin and Ethereum would be latter.
What still remains to be seen is, who will...
By Jon D. Markman On September 4, 201903:15 PM Eastern
Stocks are climbing Wednesday on Wall Street, following rallies in global markets, as political developments eased fears of instability in Hong Kong and a messy Brexit.
Through 2:30 p.m....
By Mike Larson On September 4, 201911:43 AM Eastern
Sometimes, you just have to stop and appreciate how fortunate you really are.
That’s how I feel here in South Florida. Hurricane Dorian was poised to deliver a knockout blow to our homes and...
By Jon D. Markman On September 4, 201906:28 AM Eastern
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Publishing Note: There will probably be no letter on Thursday. If so, I’ll see you Friday.
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Stocks somersaulted again on Tuesday as fresh data showed that the manufacturing sector...