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Investor Jack Ablin believes it’ll be a “sloppy” year for stocks, but he has a strategy to make money anyway: Embrace the pullbacks. “Most of the 2019 rally has already occurred,” the Cresset Wealth Advisors chief investment officer said Tuesday on CNBC’s “Futures Now.” “We started the year expecting roughly …
Read More »Monthly Archives: February 2019
Putin threatens to target the US if it deploys missiles in Europe
Maxim Shemetov | Reuters Russian President Vladimir Putin speaks during annual news conference in Moscow, Russia December 20, 2018. President Vladimir Putin warned of a resolute response if the U.S. decides to station missiles in neighboring countries to Russia. Putin, at his annual address to parliament on Wednesday, said his …
Read More »Fed’s Williams says new economic outlook necessary for rate hikes
SeongJoon Cho | Bloomberg | Getty Images John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during the Central Banking Forum on the sidelines of the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Nusa Dua, Bali, Indonesia, on Wednesday, …
Read More »Three lawmakers quit UK leader Theresa May’s party
Sean Gallup | Getty Images News | Getty Images British Prime Minister Theresa May departs after speaking at a press conference after attending a special session of the European Council over Brexit on November 25, 2018 in Brussels, Belgium. Three U.K. lawmakers from Britain’s ruling Conservative Party have quit to …
Read More »Microsoft says hackers attacked European think tanks last year
Getty Images European Union flags hang outside the European Commission Headquarters on March 10, 2017 in Brussels, Belgium. Microsoft said hackers targeted European think tanks and non-profit organizations which often have contact with government officials. The attacks were carried out late last year through phishing campaigns to steal employee credentials …
Read More »Tencent says it will not scale back on investments this year
VCG | Getty Images People visit the Tencent stand during the 1st Digital China Summit at Strait International Conference and Exhibition Center on Apr. 22, 2018 in Fuzhou, China. China’s Tencent Holdings will not scale back on investments this year after a record high of 16 companies it invested in …
Read More »Elon Musk says Tesla won’t be getting involved with cryptocurrency
Aly Song | Reuters Tesla CEO Elon Musk and Shanghai’s Mayor Ying Yong attend the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. Despite tweeting about bitcoin, Elon Musk says his electric car company is steering clear of cryptocurrencies. The world’s first and largest digital currency is …
Read More »Amazon changes reporting on physical stores
David Ryder | Bloomberg | Getty Images Employees stand outside the new Amazon Go grocery store in Seattle, Washington, U.S., on Tuesday, Dec. 6, 2016. Amazon is becoming a bigger presence in the world of physical retail, through its ownership of Whole Foods stores, the opening of bookstores, its rapid …
Read More »Investors are buying both stocks and bonds at the same time and the Federal Reserve is to blame
The bond market looks like it sees a recession on the horizon, while the stock market appears to have plenty to be optimistic about — including a possible trade deal. But in reality, it’s the Federal Reserve that’s made investors happy to buy both markets, and that’s driven bond market …
Read More »The next big market catalyst will be what the Fed says about its balance sheet this week
The market has reason to believe that the Fed is going to stop raising interest rates for a while. Less certain is what the central bank will do with the $4 trillion of bonds left on its balance sheet. That latter issue is likely to take focus Wednesday when the …
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