thenews / Profile
Friends
Requests
Add friends via their profile or user search and you will be able to see if they are online
Outgoing
thenews
Added topic How to trade the Federal Reserve decision
Here’s how stocks, bonds, commodities and dollar may react he main question hanging over financial markets right now is when and how the Federal Open Market Committee will scale back its bond purchases, seen as one of the biggest drivers for
thenews
Added topic FORMER FED GOVERNOR: Obama 'Basically Fired Ben Bernanke On The Spot'
Last night, President Obama said in an interview, "Well, I think Ben Bernanke's done an outstanding job. Ben Bernanke's a little bit like Bob Mueller, the head of the FBI - where he's already stayed a lot longer than he wanted or he was supposed to."
thenews
Added topic Markets On Edge Before Bernanke Speaks, Stocks Slip
A big rally Tuesday had little follow-through on Wall Street Wednesday morning, with U.S. stocks opening modestly lower. The fireworks may come later in the day though, when Federal Reserve Chairman Ben Bernanke is set to face questions at a press
thenews
Added topic Fed sees 'diminished' risk to growth, labor market
The Federal Reserve on Wednesday said downside risks to the economy and the U.S. jobs market have "diminished since the fall," in a more upbeat policy statement released Wednesday. The Fed expects growth to pick up in 2014 after slowing a bit in
thenews
Added topic Bernanke will try to ease market rate fears, report says
With many Federal Reserve officials, including Chairman Ben Bernanke, having raised the prospect of a reduction in the pace of its asset purchase program in coming months, there are signs that financial markets think the Fed is heading to the exit in
thenews
Added topic Bloomberg Email To Univ. Of Michigan Blasting Them For Giving Data Early to Reuters
In the past few days, Wall Street has started talking about a deal between The University of Michigan and Thomson Reuters that gives the company access to it key Consumer Confidence survey data early. It's called a "select disclosure" agreement and
thenews
Added topic Why Odds Are Stacked Against Strong Euro
The euro has gained more than 4 percent against the U.S. dollar since mid-May, but forex analysts tell CNBC that the single currency is headed lower. After hitting a four-month high of $1.339 on Thursday, the euro is expected to retreat back to $1.25
thenews
Added topic US Consumer Confidence Unexpectedly Falls to 82.7 in June
The preliminary results from the University of Michigan's June consumer confidence survey are out. The headline index unexpectedly fell to 82.7 from May's 84.5 reading. The economic conditions sub-index fell to 92.1 from 98.0. The economic outlook
thenews
Added topic Stunning Images From China: Ten Thousand People Waiting In Line To Buy Gold
Sometimes one must see to believe, in this case believe just how massive the raw demand for the shiny, barbarous relic is in China during times of relative monetary stability (in this case the Dragon Boat Festival). Now assume runaway inflation as we
thenews
Added topic How a retail investor can trade economic data
If you weren’t convinced before, you should be now. It’s always been known that institutional firms have faster connections and quicker execution than retail investors, giving them a decided advantage when trading market-moving economic news. But
thenews
Added topic Singapore raps 20 banks for trying to rig rates
Singapore has rapped 20 banks for allowing 133 traders to attempt to manipulate interest rates and foreign exchange benchmarks during a four-year period. The Monetary Authority of Singapore found no evidence of criminal behavior during a year-long
thenews
Added topic Finance Week Ahead: Focus on the Fed
Another volatile trading week has come to an end, with the major U.S. indices in the red overall and the Dow on Friday seeing its fourth straight day of triple-digit swings. Central bank concerns, from lack of further Bank of Japan action to
thenews
Added topic China Is No Longer The World's Dominant Source Of Growth
For years, China has been way out front as the world's most important source of economic growth. While the country's mammoth economy – the second largest in the world – continues to grow at a rapid clip, it is cooling as other enormous economies heat
thenews
Added topic Bernanke may pump up the dollar
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks. Taper taper taper. Yen yen
thenews
Added topic Deutsche Bank horribly undercapitalized - U.S. regulator
A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of global banks based on one measurement of leverage ratios. "It's horrible, I mean they're horribly undercapitalized," said Federal
thenews
Added topic Can The World Afford Higher Interest Rates?
That’s the end of QE tapering talk then? Not quite, but it should die down somewhat, give U.S. Fed Reserve conduit Jon Hilsenrath’s latest kiss-and-tell article in The Wall Street Journal. Thankfully, it might also stop all the blather about the U.S
thenews
Added topic Gold prices drop 1%. Is $1,150 next?
U.S. stocks were able to evade the rout in Asia, but gold wasn't so lucky. In fact, the precious metal has been one of the most jittery asset classes this year. Gold prices plunged to a two-year low in April on worries about slowing growth in China
thenews
Added topic Warren Buffett's Mentor Was A Crappy Hedge Fund Manager
Jack Bogle, the outspoken godfather of index funds and passive investing strategies, didn't approve of a recent Wall Street Journal article defending hedge funds. In particular, he took issue with the author's reference to Benjamin Graham, the
thenews
Added topic Wall St. Week Ahead: Investors will look to Fed to ease volatility
Stock investors eager to hear from the Federal Reserve about its plans for continuing economic stimulus may get some soothing words from the U.S. central bank next week. The Fed is unlikely to tip its hand about when it may begin to scale back its
thenews
Added topic Stock volatility only owes so much to Fed
A reversal of the yen carry trade has also upset markets Stock investors can’t stop thinking about the Federal Reserve these days, and the pressure is on policymakers to come clean about their plans after a turbulent few weeks of trading. Yet even if
: