Momentum Investors Need to Experience Some Pain: John Authers
published Oct 16, 2018, 5:24:38 PM, by John Authers (Bloomberg Opinion) — Are you interested in receiving John Authers’ newsletter in your inbox? Please subscribe at this link. The Reflex, as 1980s new wave and synth-pop band Duran Duran sang, is a door to finding treasure in the dark. Anyone
Trump Says Former Personal Attorney Cohen `Lying’ in Testimony
published Oct 16, 2018, 6:23:49 PM, by Justin Sink (Bloomberg) — President Donald Trump said his former personal attorney Michael Cohen was “lying” when he testified that Trump ordered hush payments in violation of campaign finance laws to silence two women alleging extramarital affairs. Trump added that Cohen’s testimony was
A World of Hurt Awaits If Traders Start to Panic: Taking Stock
published Oct 15, 2018, 6:22:43 AM, by Arie Shapira (Bloomberg) — Stocks are back to their declining ways, after Friday’s breather, as tensions are bubbling up between the U.S. and Saudi Arabia over the disappearance of a prominent journalist while Trump threatens another round of tariffs on China — note
Yen Reigns Supreme Over Franc as a Haven When Markets Get Messy
published Oct 15, 2018, 4:31:33 PM, by Austin Weinstein (Bloomberg) — There’s only one trade to make in foreign-exchange markets when investors are running away from risk: buy the yen. That’s the view of analysts at Citigroup Inc. who compared the performance of the Japanese currency with the Swiss franc
Trump Says U.S. Attendance Uncertain at Saudi Investment Meeting
published Oct 15, 2018, 5:07:59 PM, by Toluse Olorunnipa and Jennifer Epstein (Bloomberg) — President Donald Trump said he’s uncertain whether his administration will participate in a Saudi investment conference in the wake of the disappearance of journalist Jamal Khashoggi. Treasury Secretary Steven Mnuchin, who was scheduled to attend the
The U.S. Needs to Crack Down on White-Collar Crime: Editorial
published Oct 14, 2018, 9:00:23 AM, by The Editors (The Bloomberg View) — This has been a banner season for punishing white-collar crime. Guilty pleas by Michael Cohen, President Donald Trump’s former longtime personal lawyer, and criminal convictions and additional guilty pleas in the case of former Trump campaign chairman
Stock Slump Resumes in Asia; Pound Drops, Oil Up: Markets Wrap
published Oct 14, 2018, 9:18:49 PM, by Adam Haigh (Bloomberg) — A rebound in global equities Friday saw no traction at the start of the week, with markets in Asia dropping on Monday. The pound slipped as a Brexit deal hung in the balance with just days to go until
SPORTS: The Purest Athlete by Brad Weisman
Highly paid professional athletes historically have been where all the attention goes in society. From money….to fame….endorsements all the way to the eyes of a child….professional athletes get it all. However, take a step back and realize there is in fact, a different kind of athlete out there who gets
Branson Suspends Saudi Talks Over Missing Journalist Khashoggi
published Oct 11, 2018, 6:28:36 PM, by Angus Whitley (Bloomberg) — Richard Branson suspended talks with Saudi Arabia’s sovereign wealth fund over its planned $1 billion investment in Virgin Group’s space companies following the disappearance of Saudi journalist Jamal Khashoggi. Washington Post columnist Khashoggi was last seen entering the kingdom’s
U.S. Stock Futures Gain After Worst Two-Day Drop Since February
published Oct 11, 2018, 6:42:59 PM, by Livia Yap (Bloomberg) — U.S. equity futures staged a mild bounce after the worst two-day slump since February as technical levels continued to exert outsize influence on the stock market. December contracts on the S&P 500 Index climbed 0.6 percent in early Asian