Brexit
Matt Levine’s Money Stuff: Broker Robots Will Calm Your Panic
published May 30, 2018 9:33:25 AM, by Matt Levine (Bloomberg Opinion) — Morgan Stanley has some computers. One argument that you sometimes hear for flesh-and-blood human financial advisers is that, in times of market panic, when customers are desperate to sell, those human advisers can calm them down and keep
EU Demands Further U.K. Guarantees for Citizens After Brexit
published Jun 26th 2017, 3:52 pm, by Tim Ross and Simon Kennedy (Bloomberg) —The European Union demanded Britain go further to guarantee the rights of millions of EU citizens after Brexit, in a blow to Prime Minister Theresa May’s hopes for a swift deal. Michel Barnier, the bloc’s chief negotiator,
Dollar Struggles to Rise Amid Uncertain Fate of Health-Care Bill
published Mar 23rd 2017, 3:20 pm, by Dennis Pettit (Bloomberg) — The dollar swung between gains and losses as investors monitored the prospects of the Republican health-care reform bill. The day’s modest foreign-exchange trading flows were mostly driven by fast-money accounts, traders said, with the busiest price action in the
How Economists Are Fueling the Worldwide Debate Over Refugees
published Feb 16th 2017, 11:01 pm, by Michelle Jamrisko (Bloomberg) — As nations the world over struggle to accommodate, or stem, the flow of a record number of migrants, economists are trying to make sense of the surge in data on how both refugees and the communities they land in
Trump’s U.K. Trade Pledge Strengthens May as She Plans Brexit
published Jan 16th 2017, 9:43 am, by Tim Ross and Robert Hutton (Bloomberg) —Donald Trump’s promise of a speedy U.S.-U.K. trade deal strengthens Prime Minister Theresa May just as she’s preparing to set out her vision for Brexit. The U.S. president-elect’s pledge helps May by showing her European negotiating partners
The A to Z of Theresa May’s Brexit as Her Vision Speech Nears
published Jan 15th 2017, 6:01 pm, by Alex Morales (Bloomberg) —For someone who declared she’ll give no “running commentary” on her Brexit plans, U.K. Prime Minister Theresa May has been quite talkative about Britain’s pending withdrawal from the European Union. On Tuesday, she is set to say even more as
Don’t Count Out Seasonal Patterns to Predict Rates: David Ader
published Jan 3rd 2017, 5:00 pm, by David Ader (Bloomberg View) —Bond strategists use many tools in attempting to forecast the path of interest rates, ranging from straightforward data analysis, to parsing the statements of Federal Reserve officials, to looking for trading patterns. The challenge lay in weighting these methods
Brexit Entails Budget Cuts for What’s Left of EU, Denmark Says
published Dec 18th 2016, 5:00 pm, by Peter Levring (Bloomberg) —Without Britain’s contributions, the remaining European Union members will need to get by on a smaller budget, according to Denmark. No one, including Germany, wants to fill the 7.6 billion-euro ($7.9 billion) hole that will be left once Britain —
U.K. Government Pledges Best Post-Brexit Deal for Banks
published Dec 5th 2016, 4:20 pm, by Tim Ross (Bloomberg) —The U.K. government promised to make sure London keeps its place as the leading financial center after Brexit, following top-level talks between global bank chiefs and senior ministers. U.K. Chancellor of the Exchequer Philip Hammond and Brexit Secretary David Davis
Microsoft’s New Chatbot Zo Won’t Talk Politics or Racism
published Dec 5th 2016, 1:57 pm, by Dina Bass (Bloomberg) —Tay take two? Microsoft Corp. is letting users try a new chatbot on the app Kik, nine months after it shut down an earlier bot that internet users got to spout racist, sexist and pornographic remarks. The new one is