What Carson’s Iowa Surge Doesn’t Mean: Jonathan Bernstein
©2015 Bloomberg View NWOLRR6JTSEF (Bloomberg View) — Donald Trump is no longer winning everywhere. The new Bloomberg Politics/Des Moines Register poll has Ben Carson on top in Iowa, with a 9-percentage-point lead over Trump. Combined with another national survey released yesterday, the HuffPollster estimate now has Carson at 26 percent to
Gold Investors Are Getting Ready for a Rally Before Fed Meeting
©2015 Bloomberg News NWUJGTSYF01S (Bloomberg) — If you’re looking for a sign on what gold investors are expecting from this week’s Federal Reserve meeting, look no further than open interest. The measure, which tallies total contracts outstanding, shows traders are holding more gold futures than at any time since November
Futuristic Cars Are Great, Just Make Sure to Be Back by Five
©2015 Bloomberg News NWUTDD6K50YD (Bloomberg) — Hiroshi Matsushita brims with pride about the staring and pointing that goes along with driving his dream car, Toyota’s hydrogen-powered Mirai fuel cell sedan. There’s just one problem: his new set of wheels came with a curfew. The construction of hydrogen refueling stations is
Emerging-Market Stocks Set for Fourth Weekly Gain on Stimulus
©2015 Bloomberg News NWP2CQ6KLVRC (Bloomberg) — Emerging-market stocks rose for a fourth week, the longest streak of gains in six months, as an interest- rate cut in China and prospects for continued monetary stimulus in Europe spurred demand for riskier assets. Tencent Holdings Ltd. advanced to a three-month high in Hong
Israel Debt Risk Gains Most in 14 Months as Violence Rises
©2015 Bloomberg News NWS6ZU6TTDS0 (Bloomberg) — The deteriorating security situation in Israel and the impact it may have on economic growth has led to the second-biggest surge in credit risk this month among developed nations. Israel’s credit-default swaps, contracts insuring the nation’s debt against default for five years, have advanced
Trump Still Doesn’t ‘Know About’ Carson’s Seventh Day Adventist Faith
©2015 Bloomberg News NWSF4N6JTSE9 (Bloomberg) — Donald Trump still has some things to learn about presidential rival Ben Carson. Trump defended his comments about Carson’s Seventh-Day Adventist faith on Sunday. “I know nothing about it really. I’m a Presbyterian and I had mentioned that, and I did say I don’t know about it.
Matt Levine’s Money Stuff: Internet Titans and Weak Trading
©2015 Bloomberg View NWBCCV6S9732 (Bloomberg View) — Stash. “What happens when two finance vets get together with a guy who helped run a water bottle company and worked for Moby (yes, that Moby) selling teas, and build an app to convince today’s young consumers to start saving and investing?” asks
Korea’s Economy Rebounds From MERS Outbreak as Shoppers Return
©2015 Bloomberg News NWN9IJ6K50YL (Bloomberg) — South Korea’s economy rebounded in the third quarter as an outbreak of the Middle East Respiratory Syndrome receded and consumers ventured back to the shops, offsetting weakness in sales abroad. Gross domestic product expanded 1.2 percent from the three months through June, when it grew
Asian Futures Tip Return to Losses With Oil Near Three-Week Low
©2015 Bloomberg News NWLFF56K50XZ (Bloomberg) — Most Asian index futures signaled a return to losses for the region’s stocks, with crude oil near an almost three-week low amid concerns over a global glut and after drugmakers drove declines in U.S. equities. Futures on stock gauges from Japan to South Korea
Gold, Silver Shine Again as Investors Add $393 Million to ETFs
©2015 Bloomberg News NWLDHO6K50Y7 (Bloomberg) — Precious metals are once again enticing investors. After ignoring the assets for most of the year, investors added $393 million to U.S. exchange-traded funds backed by precious metals this month through Oct. 20, on course for the biggest monthly inflow since February. Gold and