Why Investors Shouldn’t Get Overly Excited About a Trump Fiscal Boom
published Nov 21st 2016, 9:30 am, by Sid Verma (Bloomberg) —The president-elect has fueled a spirited rally in the dollar and developed-market stocks since his election victory, while government bond yields have staged a large selloff amid expectations that the Republican’s policy platform — tax cuts, deregulation, and infrastructure spending —
That Chill You Feel in the Air Is the Junk-Bond Market: Gadfly
published Nov 21st 2016, 2:34 pm, by Lisa Abramowicz (Bloomberg Gadfly) —The wheels of the $1.3 trillion U.S. junk-bond market are slowly grinding to a halt. Just a few years ago, the market was as wide open as it had ever been, allowing borrowers to raise money for anything and
U.S. Stocks Rise to Records as Commodities Producers Join Rally
published Nov 21st 2016, 3:01 pm, by Lu Wang and Rebecca Spalding (Bloomberg) —U.S. stocks rose, pushing four major benchmark indexes to simultaneous records for the first time since 1999, as investors added to a post-election advance spurred by speculation the incoming administration’s policies will incite brisker economic growth. The
China Seen Pulling Coal U-Turn to Reverse Self-Inflicted Rally
published Nov 20th 2016, 3:00 pm, by Bloomberg News (Bloomberg) — China is continuing to loosen mining policies that caused global coal prices to surge this year, temporarily reversing some output restrictions and encouraging production to ease tight supply through winter. The latest guidance given by regulators last week signals
Obama Says He Didn’t Address Election in Last Meeting With Putin
published Nov 20th 2016, 5:31 pm, by Toluse Olorunnipa, Margaret Talev and Ilya Arkhipov (Bloomberg) — President Barack Obama said he didn’t discuss alleged Russian meddling in the U.S. election in a four-minute meeting with Vladimir Putin in Lima, an encounter that’s likely the last between two leaders divided by
Trump Brings in Wall Street Veterans to Talk Top Treasury Post
published Nov 20th 2016, 6:29 pm, by Jennifer Jacobs and Arit John (Bloomberg) —Donald Trump interviewed top investment executives for the role of Treasury Secretary as the president-elect continues stitching together the administration that will take over the White House in January. Meetings at the Trump National Golf Club in Bedminster, New
Republicans Find Replacing Obamacare Easier Said Than Done
published Nov 17th 2016, 4:04 pm, by Anna Edney (Bloomberg) —Key Republicans in Congress are cautioning that replacing Obamacare will be a difficult and lengthy process that won’t happen in the first days of President-elect Donald Trump’s administration. U.S. Senator Lamar Alexander, chairman of the Health, Education, Labor and Pensions
This Year’s Crop of Tech IPOs Stunts the Next One: Gadfly
published Nov 17th 2016, 2:08 pm, by Shira Ovide (Bloomberg Gadfly) —There has been a welcome trickle of technology companies going public in the last few months. It seemed to signal an end to the IPO desert of 2015 and most of 2016. The relatively strong — maybe too strong
Pence Tells House GOP to Get Ready for Sweeping Legislation
published Nov 17th 2016, 2:03 pm, by Billy House and Henri Gendreau (Bloomberg) —Vice President-elect Mike Pence told House Republicans in a closed-door meeting Thursday to be ready to move a lot of legislation next year. “We’re going to move an agenda” focused on rebuilding the military and improving the
Women and Family: Forming Connections by Brad Weisman
Forming connections as you get older becomes a key part of life. It can affect the paths you take and the relationships you sustain. Some help in business and many help in life. This is geared for everyone to learn from. When working for a company or starting your own