What on Earth Happened to Stocks? Here’s Where to Cast the Blame

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Not widely accepted, but arguably overdue? The sharp-witted sell-off in stocks that started last week and gathered steam this week shortfall a particular trigger — wage amplifications are picking up — potentially improving inflation. Blended with a changing of the ward in Fed leadership, everything there is raised the question of whether surely policy makers […]

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Inside Wall Street’s $8 Billion VIX Time Bomb

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It was the hot swap on Wall st., a seemingly sure thing that lulled everyone from hedge fund management to small-time investors. Now newfangled investments linked to volatility in the stock market — until only a few years ago, obscure niche commodities — have explosion in spectacular pattern. The shock wave have only just begun. […]

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Saudi Frees Billionaires Including Alwaleed as Ritz Jail Empties

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Saudi Arabia free-spoken Prince Alwaleed bin Talal and various of the kingdom’s most prominent industrialists from imprisonment, clearing out the Ritz-Carlton hotel that served as a confinement for the country’s upper-clas during a contentious crackdown on corruption. Prince Alwaleed, the billionaire chair of Riyadh’s Kingdom Holding Co. who owns bets in Citigroup Inc. and Twitter […]

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Why Wall Street Hasnt Had Its #MeToo Moment Yet

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Three women who’ve had long vocations in banking sat down for lunch together in Manhattan on the first Wednesday of its first year. It didn’t take long before they requested one another the issues to: Why hasn’t the Harvey Weinstein effect affected investment? After the movie mogul was accused last October of sexual harassment and […]

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Investors Told to Brace for Steepest Rate Hikes Since 2006

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Wall Street economists are telling investors to brace for the most difficult tighten of monetary policy in more than a decade. With the world economy ability into its strongest period since 2011, Citigroup Inc. and JPMorgan Chase& Co. foresee median interest rates across advanced economies will climb to at least one percent next year in […]

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Bitcoin, Beware: Citigroups CEO Predicts State-Sponsored Digital Currencies

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What if the feds got in on the cryptocurrency delirium? There’s now one Wall Street chief executive officer who says bitcoin presents a real enough threat to the financial structure that national governments will have no choice but to issue versions of their own. ” I don’t think authorities are going to take lightly other […]

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Saudi Arabia Says Only Private Accounts Suspended in Crackdown

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Saudi Arabia said it has only frozen the bank accounts in persons and not those of the companies they own or succeed, as the domain seeks to ease strain among global investors over a crackdown that’s seen princes and billionaires arrested. The action, is a description of Saudi powers as an anti-corruption drive, applies only […]

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Saudi Arrests Fail to Spook Bond Investors. They’ve Seen Worse

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For purchasers of resources in a society whose lords are travelling head-to-head with a clique of billionaires and monarches, Saudi Arabia’s bondholders are a jolly sanguine bunch. While Saudi broths precipitated and credit default exchanges rose, money directors from MUFG Protection to Aberdeen Standard Investments weren’t sounded because they say the weekend swoop clears the […]

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