admin April 24, 2018

The nine-year bull market might be on its last legs. Fifty-eight percent of global money managers surveyed by Bank of America Merrill Lynch think the stock market has already peaked or will later this year. Despite the market mayhem of recent months, the S&P 500 has quadrupled since its financial-crisis lowpoint in early 2009. Yet […]

admin April 24, 2018

A top Federal Reserve official is worried about a warning sign in the bond market. The yield curve, a measure of short-term and long-term US Treasury bond rates, is flattening as investors prepare for the Fed to raise interest rates to keep the economy from overheating. Some economists fear the curve could tip over and […]

admin April 24, 2018

Two federal regulators are close to fining Wells Fargo $1 billion for forcing customers into car insurance and charging mortgage borrowers unfair fees. The hefty penalty will be announced as early as Friday by the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency, according to a person familiar with the […]

admin April 23, 2018

The recent outperformance of smaller digital currencies, or altcoins, is setting the tone for what could be a sustained rally in the overall cryptocurrency market, industry experts believe. Much like traditional assets, the smaller, “riskier” coins move at the whim of general market sentiment and generally exhibit more significant price swings, similar to small-cap stocks. […]

admin April 23, 2018

Tempted to become a short-term stock-market timer? Stop! First, read this column about hard it’s been so far this year for professional market timers to anticipate changes in the market’s shorter-term direction. That’s because the U.S. stock markets since January have provided the ideal setting for short-term timers to beat the market by a large […]

admin April 22, 2018

Bloomberg Wells Fargo’s risk management practices were “reckless, unsafe or unsound.” Unlike many of the scandals that have triggered billion-dollar penalties for banks, the problems that led to a 10-figure federal government settlement for Wells Fargo & Co. don’t appear to have colorful emails or trader messages describing bad behavior. The dry language employed […]