Bond Gurus at Pimco, Guggenheim, TCW Warn of `Fallen Angel’ Risk
published Nov 23, 2018, 12:33:15 PM, by John Gittelsohn (Bloomberg) — Investors are turning conventional wisdom on its head. During stock market routs, they’re often expected to move into bonds for comfort. That hasn’t happened. As stock volatility rose in October, investors pulled a net $14.2 billion from taxable bond
The $200 Trillion Gold Rush That Has Reshaped Private Banking
published Nov 24, 2018, 7:00:31 AM, by Bloomberg News (Bloomberg Markets) — Ten years ago, stock markets plunged, major banks faltered, and the global economy teetered on a precipice. Few would have predicted that the ensuing decade would produce an explosion in wealth. But that’s just what happened. An unprecedented
Russia Fires on Ukraine’s Navy Near Crimea as Tensions Flare
published Nov 25, 2018, 6:46:42 PM, by Aliaksandr Kudrytski, Daryna Krasnolutska and Ilya Arkhipov (Bloomberg) — Russia fired on Ukrainian warships and injured some of their crew members, marking a dramatic renewal of tensions between the ex-Soviet neighbors near the peninsula of Crimea that President Vladimir Putin annexed four years
Asia Stocks Drop; Pound Holds Gain on Brexit Deal: Markets Wrap
published Nov 22, 2018, 8:10:47 PM, by Adam Haigh (Bloomberg) — Asian stocks were mostly weaker on low volumes, rounding out a third week of losses. The pound kept its gains following a breakthrough over the Brexit deal between the U.K. and EU. Stocks in Hong Kong, China and South
SPORTS: Great Falls Montana By Brad Weisman
As we approach the end of college football…the Heisman trophy is looming. It is an exciting time in college football as many of the conferences have expanded and the SEC continues to lead the pack. However, along with that comes great history and players we just can’t forget. Ryan
U.S. Abortions Dropped to Lowest in at Least a Decade: CDC
published Nov 21, 2018, 4:01:40 PM, by Alex Tanzi (Bloomberg) — The number of U.S. abortions declined in 2015, falling 2 percent from a year earlier to 638,169, the lowest in at least a decade, according to data from the Centers for Disease Control and Prevention. The abortion ratio for
Ahead of EU Vote, Google Unveils New Policy for Election Ads
published Nov 21, 2018, 5:01:00 PM, by Natalia Drozdiak (Bloomberg) — Google said it will roll out new policies in Europe to provide more transparency around political ads, ahead of European Union elections in the spring. The announcement Thursday by the Alphabet Inc. division follows a year of intense global
Asian Stocks Steady After U.S. Gains; Dollar Slips: Markets Wrap
published Nov 21, 2018, 6:16:22 PM, by Andreea Papuc (Bloomberg) — Stocks in Asia got some reprieve from the recent sell-off after a modest rebound in technology and energy shares underpinned gains in U.S. equities. The dollar slipped and Treasuries steadied as debate about the Federal Reserve softening its stance
Trump’s Sanctions Are Proving a Bitter Pill for Iran’s Sick
published Nov 20, 2018, 7:00:00 PM, by Golnar Motevalli and Ladane Nasseri (Bloomberg) — Leila Koochaki’s health has become collateral damage as the U.S. extends its economic offensive against Iran. The 47-year-old had to contact 15 pharmacies across Tehran before she finally secured the anti-fatigue medication she takes to cope
Postal Hell? Delivering E-Commerce to 18,000 Far-Flung Islands
published Nov 19, 2018, 4:11:37 AM, by Rieka Rahadiana and Tassia Sipahutar (Bloomberg) — You may have heard the U.S. Postal Service has problems. Well, try delivering the mail in Indonesia, a far-flung archipelago with so many islands the government literally doesn’t know how many there are. Post offices everywhere