JPMorgan Chase & Co. Q4 2017 Earnings Beat Estimates

The JPMorgan Chase & Co. Q4 2017 earnings results were released before opening bell this morning. The bank reported adjusted earnings of $1.76 per share on $25.45 billion in revenue, compared to the consensus estimates of $1.69 per share and $25.17 billion in revenue. In the previous year’s fourth quarter, the bank reported $1.71 per share… Please follow and like us:

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Another Sign Of Cryptocurrency Regulations?

The noose of regulation seems to be closing around the Medusa’s head-like neck of cryptocurrencies. After months of monitoring by various agencies, the financial services panel of the Senate will meet top market regulators early in February to discuss bitcoin and other cryptocurrencies, as well as the possible risks their trading poses, Reuters reported Wednesday. Citing… Please follow and like us:

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Jamie Dimon predicts 4% GDP growth, retracts Bitcoin fraud charge

J.P. Morgan boss Jamie Dimon also regrets calling ‘bitcoin’ a fraud By Mike “Mish” Shedlock JPMorgan CEO Jamie Dimon is in the news twice Monday morning, once regarding GDP and once for a Bitcoin retraction. Jamie Dimon claims JP Morgan’s chief economist is wrong about the economy: Dimon Predicts 4% Growth. Dimon said he expects the… Please follow and like us:

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Most Asia markets down after New Year rally but Hong Kong runs on

The rally across Asia that welcomed in 2018 looked to have run out of steam on Wednesday with most markets slipping into the red on profit-taking but energy shares climbed with another surge in oil prices. Strong economic fundamentals and corporate earnings as well as optimism about the impact of Donald Trump’s massive US tax cuts… Please follow and like us:

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FRANCE – CHINA – Open markets, Macron tells China, or risk protectionist backlash

French President Emmanuel Macron focused on trade imbalances on the second day of his state visit to China, offering to open up France to Chinese investment in exchange for greater access to Chinese markets for French companies. Speaking to members of the French and Chinese business community at a start-up incubator, called Soho3Q, in Beijing, Macron… Please follow and like us:

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Automation Growth Just Starting As Our Robot Overlords Further Integrate Into Every Day Life

When Sanford Bernstein’s Jay Huang looks back at 2017, he doesn’t see the oddest political wrangling accompanied by surreal market environments. He appears more awed by the pace of automation trends, particularly integrating into human business processes. There is no cliff for automation stocks, he asserts in a January 4 report on Asian Industrial Technology. There… Please follow and like us:

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Trust in digital technology will be the internet’s next frontier, for 2018 and beyond

By Bhaskar Chakravorti, Senior Associate Dean, International Business & Finance, Tufts University. Trust in online systems varies around the world. Sergey Nivens/Shutterstock.com After decades of unbridled enthusiasm – bordering on addiction – about all things digital, the public may be losing trust in technology. Online information isn’t reliable, whether it appears in the form of news,… Please follow and like us:

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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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Broker Charged With Illegally Accepting $1M in Cash Kickbacks: Enforcement

The Securities and Exchange Commission charged a Wall Street stockbroker with illegally accepting more than $1 million in undisclosed kickbacks for giving certain customers preferential access to lucrative inital public offerings, enabling them to reap major trading profits in the secondary markets. The SEC alleges that Brian Hirsch subverted allocation policies and procedures at two brokerage… Please follow and like us:

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Goldman: Investor Animal Spirits Will Continue To Drive Stocks

As 2017 draws to a close, Goldman Sachs’ Top of Mind research newsletter takes a look back at the trends that have shaped this year in its December issue. The continued bull market has been one of the stand-out trends of 2017. Heading into the year, few analysts were predicting further gains, as President Trump’s mixed… Please follow and like us:

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Investors look to 2018 for increased growth as the IPO market returns to pre-crisis level highs in 2017

– By deal number, 2017 is the most active year for global IPOs since 2007- IPO activity in all regions up double digits; Asia-Pacific dominates global activity- 2018 outlook: IPO activity levels expected to rise with a busy year ahead and mega deals on the horizon LONDON, Dec. 12, 2017 /PRNewswire/ — Global IPO activity surged… Please follow and like us:

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Biggest Crash Ever Is (Probably) Coming by 2020: Harry Dent

Brace yourself for the most devastating market crash ever in “the greatest political and economic revolution since the advent of democracy.” That’s the dire alert from colorful, controversial prognosticator Harry S. Dent Jr., in an interview with ThinkAdvisor. Dent, who chiefly uses demographic cycles to forecast the economy and markets, correctly predicted Japan’s 1989 economic collapse,… Please follow and like us:

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Quantopian Test Backfires Or Just Too Early To Make a Determination?

Steven Cohen’s experiment at diving into quantitative investing may have hit a speed bump on his way to launching a new hedge fund with the widely hailed Quantopian platform. The Wall Street Journal reported that the experiment at unleashing a horde of mathematicians, engineers, and computer programmers onto the market panoply has been met with anemic… Please follow and like us:

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Summary Results Of APEC Member Meeting In Vietnam

THE 25TH APEC ECONOMIC LEADERS’ MEETING Da Nang, Viet Nam 11 November 2017 Da Nang Declaration Creating New Dynamism, Fostering a Shared Future We, the Leaders of APEC, gathered in Da Nang, Viet Nam under the theme Creating New Dynamism, Fostering a Shared Future, determined to take bolder and sustained collective actions to inject new dynamism… Please follow and like us:

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US Fed chief: a central banker who can make markets tremble

The head of the US central bank, due to be named Thursday afternoon by Donald Trump, holds vast sway over the global economy, and can make markets tremble with the slightest comment. Trump is expected to name current Fed Governor Jerome Powell, who has the advantage of being a Republican like the president, to replace Janet… Please follow and like us:

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