10 Data Points Investors Should Be Watching Now: JPMorgan’s Kelly

There are multiple economic and financial numbers investors can monitor in 2018 to get a sense of the market environment. David Kelly, chief global strategist for JPMorgan Funds, offers his own list of the top 10 data points he recommends investors watch this year. In his inaugural weekly note for 2018, Kelly says the list is… Please follow and like us:

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Understanding Economic Cycle

Understanding economic cycle and how they impact financial markets is a crucial skillset in managing an investment portfolio. But what does this really mean, and how can we implement it? The below article is designed to run you through how an economic cycle works, and applies our analysis and recommendations from our observations. More can be… Please follow and like us:

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Fannie Mae and Freddie Mac still backed by too much credit

Federal Housing Finance Agency (FHFA) Director Mel Watt recently made an urgent plea for Congress to decide on a long-term strategy for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, now in their 10th year of conservatorship overseen by his agency. Capitol Hill does not seem to share Mr. Watt’s sense of urgency, however. The… Please follow and like us:

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The Real Vampire Squid: Debt Service

Our new Constitution is now established, everything seems to promise it will be durable; but, in this world, nothing is certain except death and taxes. – Benjamin Franklin, letter to Jean-Baptiste Leroy, November 13, 1789. Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to… Please follow and like us:

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Stock market crash: A day that will live in infamy

Oct. 29, 1929, the New York Stock Exchange crashed. Panic ensued as Wall Street sold 16,410,030 shares in a single day. Billions of dollars were lost and America plunged into the Great Depression. An estimated 15 million Americans were unemployed and nearly half of all banks failed. The Great Depression began with a rapid contraction of… Please follow and like us:

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Security expert: It would have taken Equifax ‘5 minutes’ to prevent the worst data breach in U.S. history

A security researcher who previously exposed Equifax’s cybersecurity vulnerabilities is speaking out in the wake of the massive data breach, saying that the credit-reporting company was warned to fix its defense systems. Equifax announced in September that crooks broke into its computer system, exposing as many as 145.5 people to identity theft. And that’s just an… Please follow and like us:

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IBM Announces Major Blockchain Solution to Speed Global Payments

Solution Powered by IBM Blockchain in Partnership with Stellar.org and KlickEx GroupCollaboration with Banking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors TORONTO, Oct. 16, 2017 /CNW/ — SIBOS: IBM (NYSE: IBM) today announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce… Please follow and like us:

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Is the Financial Crisis Really Over?

The major economies of the world keep expanding. According to official statistics, output is increasing, unemployment rates are declining, while stock and house prices edge higher. Investor risk aversion, which rose to very high levels in the period of financial market turmoil, has come down considerably, lending a boost to credit transactions and pushing asset prices… Please follow and like us:

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Tighter credit cools China’s property market

A potential homebuyer checks out a property project in Hangzhou, Zhejiang province, Dec 17, 2016. [Photo by Long Wei / Asianewsphoto] BEIJING – First-time home buyers in China are having a hard time getting good mortgage rates, as the country tightens credit controls to curb property speculation. Earlier this week, the branch of the Agricultural Bank… Please follow and like us:

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Yellen defends tougher financial regulations

WASHINGTON — Federal Reserve Chair Janet L. Yellen said Friday that tough new regulations have made the financial system safer with little downside, a strong rebuttal of Republican criticisms that reforms have stunted economic growth. Yellen’s comments at the Federal Reserve Bank of Kansas City’s prestigious policy conference in Jackson Hole, Wyo., could hurt her chances… Please follow and like us:

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China to continue to be key driver of global growth: IMF chief economist

KUALA LUMPUR – China’s growth will continue to be a key driver for a firming recovery of the world economy, the chief economist of the International Monetary Fund (IMF) said Monday. Maurice Obstfeld, the IMF’s economic counsellor and director of research, made the remarks in an exclusive interview with Xinhua as the IMF revised up China’s… Please follow and like us:

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Dodd-Frank Has Held Down the US Economy for Too Long

Carefree, Arizona— population 3,363—is 2,400 miles from Wall Street. But that’s still not far enough away to escape the harm caused by Democrats’ supposed “Wall Street reform” known as the Dodd-Frank Act. which was signed into law seven years ago this month. According to a local news report, a proposed housing project in Carefree was terminated… Please follow and like us:

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Judge approves $142 million class-action settlement in Wells Fargo sham accounts scandal

Wells Fargo & Co. has received preliminary approval for its proposed $142 million class-action settlement to compensate possibly millions of customers who had unauthorized accounts opened in their name. On Saturday, a federal judge in San Francisco found that the proposed settlement was “fair, reasonable and adequate.” The decision means that the plaintiffs in the class-action… Please follow and like us:

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DB: Yield Curve Flattening Is A Good Thing!

Some analysts are worried about yield curve flattening, but Deutsche thinks it’s a good thing. At the beginning of this week, the spread between the two and 10-year Treasury yields flattened to 78.77 basis points — the lowest level since September 1. For bond watchers, this move has sent a distressing signal. The so-called “yield curve”… Please follow and like us:

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Texas Bullion Depository: Returning gold value to currency

WASHINGTON, June 2, 2017 – On June 12th, 2015, the Texas legislature signed into law Bill Number 483, bringing to life the Texas Bullion Depository. The state of Texas owns about $660 million dollars worth of gold bullion that is currently housed in a vault in HSBC Bank in New York City. The recently passed bill… Please follow and like us:

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