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Nice Day For Emerging Markets
Article By:
Bespoke Investment Group
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Wednesday, June 19, 2019 8:04 PM EDT
US equities surely liked what they heard from the FOMC on Wednesday, but emerging markets cheered the comments even more.
In this article: EEM
Facebook’s Libra Cryptocurrency Is The Future Of Fintech
Article By:
Frank Holmes
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Wednesday, June 19, 2019 6:40 PM EDT
Whereas it’s taken bitcoin years since its inception to break into the public consciousness, Facebook's Libra has the benefit of being made available on a massive social media platform that boasts as many as 2.4 billion users worldwide.
Oracle (ORCL) Q4 Earnings And Revenues Beat Estimates
Article By:
Zacks Investment Research
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Wednesday, June 19, 2019 6:23 PM EDT
This quarterly report represents an earnings surprise of 8.41%. ORCL stock is up 4.5% after hours.
In this article: ORCL
Powell Surrenders: I Told You Last Year It Was A Lie; Or, Here’s Almost The Whole Of It
Article By:
Jeffrey P. Snider
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Wednesday, June 19, 2019 4:53 PM EDT
Jay Powell has had his mind changed for him. Why? Not even a year ago he was downplaying things like federal funds.
The Fed Is Wrong About The Economy
Article By:
Lance Gaitan
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Wednesday, June 19, 2019 4:30 PM EDT
Treasury bonds clearly show that the Fed is way off on its assessment of the economy and monetary policy.
‘You Better Be Careful And Keep Your Eyes Open’
Article By:
Jesse Felder
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Wednesday, June 19, 2019 4:28 PM EDT
"The inside of the stock market right now is not saying, “we’re gonna be in recession,” but it’s saying, “you better be careful and keep your eyes open."
In this article: SPY
Fed Leaves Rates Unchanged As Expected, Dot Plot Of Future Policy Splits
Article By:
Mish Shedlock
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Wednesday, June 19, 2019 4:14 PM EDT
For all of today's heightened anticipation, the results were quite anticlimactic.