Financial Services

admin April 17, 2018

Bloomberg Fed Vice Chairman for Supervision Randal Quarles There is no question the Volcker rule, the controversial measure to prohibit banks from trading for their own accounts, has been harmful to capital markets, said Randal Quarles, the Fed’s vice chairman for financial supervision, on Tuesday. Asked by Rep. Bill Huizenga, Republican of Michigan, whether […]

admin April 17, 2018

Apple co-founder Steve Wozniak deleted his Facebook account, and Apple’s CEO Tim Cook sniffed disapprovingly about Facebook’s data-driven advertising business. Even uber-hip Elon Musk joined #deletefacebook by cancelling Tesla’s Facebook page. But Facebook’s FB, +0.19% […]

admin April 16, 2018

Investors have plenty to worry about, but their growing gloominess actually could be bullish for the stock market. That’s the suggestion from David Templeton, portfolio manager and principal at Horan Capital Advisors. “With much of the sentiment now decidedly bearish, just possibly the market is nearing a bottom,” Templeton wrote in a blog post dated […]