It took nearly eight years, but a dozen countries on both sides of the Pacific Rim, which account for 40% of the world’s GDP reached a trade agreement. Attention will now shift to the ratificati...
Housing starts are expected to total 1.166 million units (seasonally adjusted annual rate) in tomorrow’s update for July, according to The Capital Spectator’s average point forecast for several ec...
(from my colleague Ilan Solot) With the all the euphoria about the Chinese currency depreciation apparently behind us, we can again focus on other drivers for EM assets. And these are developments in...
Business Insider and Barry Ritholtz both had posts in the last few days contributing to the same big idea that time is a valuable asset not just in and of itself but also as part of a financial plan a...
The last time Morgan Stanley made a mockery of Reg-S, was in February 2014 when a day before Tesla announced a $1.6 billion convertible offering Morgan Stanley’s Adam Jonas raised his PT on TSL...
I’ve been a long-time financial supporter of my alma mater. Even though I philosophically disagree with some of the positions of the administration, there’s never been a doubt that I’m a Georget...
Although the currency war has followed in depth the major players over the last few years, emerging markets are under substantial pressure to perform. Loose monetary policies fed much of the gains w...
OVERNIGHT MARKETS AND NEWS September E-mini S&Ps (ESU15 -0.08%) are down -0.08% as weaker oil prices (CLU15 -1.53%) undercuts energy producers and leads the overall market lower with Chevron down...
It was a relatively quiet weekend out of China, where FX warfare has taken a back seat to evaluating the full damage from the Tianjin explosion which as we reported on Saturday has prompted the evacua...
The EUR/USD pair initially tried to rally during the course of the day on Friday but found the 1.12 level be a bit too resistive. Because of this, it looks like we’re going to continue the overall c...