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Panic Grips US Financial Markets As Dow Falls 362 Points It isn't going to be a surprise when U.S. stock prices fall 50, 60 or 70 percent from where they are today. The only real surprise is that it took this long for it to happen. Even after falling 362 points on Tuesday, the Dow Jones industrial average is still ridiculously high. In fact, the only two times in our entire ...
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DAX Under Pressure After Global Stock Markets Slip Currently, the index is trading at 13,234.50, down 0.68% since the close on Monday. On the release front, Eurozone Preliminary Flash GDP for the fourth quarter remained unchanged at 0.6%, matching the forecast. Later in the day, the eurozone releases Preliminary CPI for Q4, with the markets braced ...
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Facebook and the Fed — What you need to know in markets on Wednesday So it seems like the market in 2018 is not going to be same as it was in 2017. On Tuesday, stocks had another rough day with the Dow losing 362 points, or 1.4%, to pace losses as all of the major indexes closed in the red. The S&P 500 lost 1.1% while the tech-heavy Nasdaq saw the narrowest losses ...
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Laureate Shifts Focus Laureate has been planning to "simplify" its portfolio of colleges for a while, said Jeff Silber, an education financial analyst with BMO Capital Markets, adding that the company didn't think it would be able scale up the identified colleges without making sizable investments. But the company also remains ...
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WEB | ||||||
Will the Central Banks Drive Financial Markets in 2018? We mentioned in our 2018 Fixed Income Outlook Call a few weeks ago that central banks will likely drive financial markets in 2018, and not just for bonds. Risk assets such as stocks are also taking cues from central banks to see when the easy money punchbowl will be taken away. Based on the limited ...
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Price level volatility and incomplete financial markets The first essay investigates an economy with incomplete financial markets as described by Cass (1989), where there is typically a continuum of equilibria driven by sunspots. In this essay, I define price volatility in a natural way and take it as a parameter of a derived economy. I show that for each level of ...
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