Investing and Global Finance News

Category Archives: Who Said It

Powell on US Economy

If we are to trust Jerome Powell, Chairman of the Federal Reserve, then we will be able to believe there is a “remarkably positive outlook” for the US economy. With  unemployment at 3.9 percent and inflation at 2% which is pretty much the Fed’s goal, Powell explained:

“While these two top-line statistics do not always present an accurate picture of overall economic conditions, a wide range of data on jobs and prices supports a positive view.  In addition, many forecasters are predicting that these favorable conditions are likely to continue.”

Regarding the de-escalation of the 30-stock Dow to 356 points marking its worst decline since August 10th, along with the highest level yield of the Benchmark 10-year Treasury since 2011 to above 3.2 percent, Federated Investors Vice President, Steve Chiavarone said:

“When you move at this pace in a short amount of time, it’s natural for the market to take a breather. The level of the rates does not concern us. That said, moving more than 10 basis points in two days is a different story. Pace matters and it bears watching.”

And Marketfield Asset Management Chairman and CEO Michael Shaoul said::

“The current move higher looks to be an adjustment to several months of data that suggested that the US economy has accelerated over the course of 2018. In particular the labor market looks to have tightened considerably, and recent commentary by the FOMC suggests that this has not gone unnoticed. With nominal growth in the US finally breaking higher and the FOMC conceivably pushing the policy rate up to 3.0% by this time next year a 10 year yield above 3.50% hardly strikes us as outlandish.”

America’s Top Entrepreneurs

It was written a year ago but it’s still completely relevant for today.  An article in Forbes by Abram Brown: 75 Quotes on Business From America’s Top Entrepreneurs Entrepreneurs quoted include: Martha Stewart, Marc Benioff, Dan Gilbert, Eric Schmidt, Sara Blakely and many more. A snippet of the quotes: “No business school graduate would recommend… Continue Reading

Warren Buffet’s “Fundamentals of Investing”

Investment tycoon Warren Buffet recently shared an exclusive clip from his letter to Berkshire Hathaway shareholders, in which he lists the “fundamentals of investing”. Fortune Magazine shared Buffet’s points with the following bullets: You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your… Continue Reading

Outlook for the US Stock Market in 2014

US stocks had an extremely positive year last year, but 2014 has already begun to shows signs of unpredictability. Reactions are mixed, with some claiming a correction is imminent while others believe the market can still improve. A more recent concern is of contagion from emerging markets. CIO at JP Morgan Private Bank Richard Madigan… Continue Reading

The New Approach to Non-Profits

Bankers, investors and entrepreneurs are taking a new approach to philanthropy with finance-focused projects aimed at supporting global causes. “We get good yield,” explains Andrew Harris, an adviser of private equity firms at Forum Capital Partners and vice chairman of the non-profit Resolution Project. “We think it’s very different and, to use a Wall Street… Continue Reading

Extreme Weather Conditions May Impact Spring Business

Cities across the United States have been struggling with frigid temperatures, snow and ice, and the unusually harsh weather has had an impact on numerous industries and markets across the continent. According to Morningstar‘s Jamie Katz, the weather may also have a negative effect on retail this spring if retailers are forced to offer discounts… Continue Reading

Amber Capital Launches Fund Focused on Southern Europe

Hedge fund manager Amber Capital recently revealed its plans for a new fund focused on southern Europe. The $1.5 billion firm has raised $350 for the new project, primarily from U.S. institutional investors, and launched the Amber Southern European Equities Fund on December 1st. Amber Capital’s portfolio manager Jose de la Rosa said: “We are… Continue Reading

Brooke Harlow on the JOBS Act in 2014

Last year, the hedge fund industry anticipated significant change as a result of the Securities and Exchange Commission’s JOBS Act, which was intended to open communication and increase transparency between hedge funds and potential investors. Brooke Harlow, executive vice president and managing director at Managed Funds Association, recently discussed the development and its apparent lack… Continue Reading

Jim Baer on Data-Driven Businesses

Jim Baer, a senior director of Data Science with LinkedIn, recently discussed what he considers the four keys to data-driven business. He explained that data today can and should have a tremendous impact on a company’s success.  Though every business varies, and getting involved in the data world appears a daunting task, companies can benefit… Continue Reading