The S&P 500 Index (SPY) has suffered agonizing declines in 2016. As you can see from the above graphic, it plunged from approximately 2,080 to its current level of 1,882.9...
It wasn’t in any way magnanimous for the FOMC to state clearly what everyone already knew without any need for aid of GDP calculations. The policy statement for its January 2016 ...
Deals and Financings CARsgen Therapeutics, a Shanghai company developing CAR-T immunotherapies for solid tumors, completed a $30 million Series B round (see story). CARsgen is cur...
Saudi Arabia – which was busy playing headline hockey with Russia over a rumored 5% production cut proposal – is running out of money. Yes, we know, that sounds absurd....
It’s time for Twitter Inc. (TWTR) to stick or twist. Last Sunday, the embattled social media company suffered a mass exodus of executive talent. If you believe the official s...
Stocks once again made a sharp turnaround late in Wednesday’s session. The “mystery” rebound took the S&P 500 (SPY) up 3.5% in about two days of trading. Despite the impo...
Gold prices settled at $1117.83 an ounce on Friday, making a gain of 1.8% on the week and 5.2% over the month. The precious metal’s gains were mainly driven by the risk-off s...
The Federal Reserve seems to have been caught off-guard by the recent turmoil on the markets. As the Chinese economic growth seems to be slowing down, all of the Western central ba...
No one has called long-duration treasury yields better than Lacy Hunt at Hoisington Management. He says they are going lower. If the US is in or headed for recession then I believe...
NZD/USD: The pair closed flat the past week leaving risk of a move lower on the cards. As long as the 0.6542/58 zone continues to hold as resistance, the pair looks to weaken. This...