What Shaped the Stock Market’s $3 Trillion Trauma

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Want a nifty narrative? There Before the Machine, Human Emotions Set the Stage for a SelloffAssets Shift But No’ All Clear’ to Buy Dip, BofA Survey SaysMarkets Face a New Paradigm. Get Employed to It: Steven EnglanderHow Does the World End? Stock Marketplace After a Psychological Peak What happens now? The S& P 500 just […]

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Ten Years After the Crisis, Banks Win Big in Trumps Washington

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In early February, with the Treasury secretary testifying about mad gyrations in the stock market and the Federal Reserve leveling unprecedented sanctions against American Bankers Association. Things” are glancing up for “the consumers ” of the banks, appearing up for their own economies, and for the banks as well ,” he says. Some of those […]

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Dropbox Files Confidentially for U.S. IPO

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Dropbox Inc ., the file-sharing private firm valued at $10 billion, has filed confidentially for a U.S. initial public offering, beings familiar with the issues said. Goldman Sachs Group Inc.and JPMorgan Chase& Co . will produce the health risks lean, according to the people, who questioned not to be identified because the filing wasn’t public. […]

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No Idea What MiFID Stands For? Heres What You Need to Know

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Everyone in European finance has been abuzz over an obscure acronym — MiFID II — that’s about to radically change how resources from assets to merchandises are transactions and investors’ coin is managed. Banks and asset managers across the European Union have depleted more than$ 2 billion preparing for it. Regulators said here today will […]

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Novogratz Halts Hedge Fund, Says Bitcoin May Drop to $8,000

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Michael Novogratz, the former macro director who’s turned into one of the biggest advocates of bitcoin, shelved plans to start a cryptocurrency hedge fund and was expected that the digital money may give its throw to $8,000. ” We didn’t like market conditions and we wanted to re-evaluate what we’re doing ,” Novogratz said Friday […]

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Bitcoin Finds Floor After Worst Selloff Since 2015

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Bitcoin rebounded on Saturday along with most of the major cryptocurrencies, halting a four-day descent that chose worldwide attention to the unregulated $500 billion grocery that’s often called a bubble. The double-digit bounceback was strongest with second-tier digital coins. Bitcoin cash soared 21 percent and litecoin gained 12 percent as cryptocurrency sellers retrieved confidence. They […]

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No U.S. Bailout for Puerto Rican Debt, Trumps Budget Chief Says

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President Donald Trump’s budget chief said not to take literally the president’s suggestion that Puerto Rico’s debt would be ” wiped out ,” even as the territory’s attachments submerge to a record low on Wednesday: 32 pennies on the dollar. “I think what you heard the president say is that Puerto Rico is going to […]

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