Wednesday, February 14, 2018

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update February 14, 2018
NEWS
The latest on developments in financial markets (all times local):. 11:45 a.m.. U.S. stocks shook off an early decline and are mostly higher in midday trading, led by gains in banks. Banks were benefiting Wednesday from a rise in bond yields, which allows them to charge higher interest rates on loans.
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That would be Societe Generale's notoriously pessimistic investment strategist Albert Edwards, who didn't mince words in a note sent to clients. "US wage and price inflation are rising briskly, putting intense downward pressure on financial markets," he wrote. "Yet another Fed-inspired financial Ponzi ...
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The increases may rattle financial markets, as investors are hyper-focused on whether faster price increases may cause the Federal Reserve to raise short-term interest rates faster than expected. Higher interest rates make it more expensive for consumers and businesses to borrow and spend and could ...
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FILE - This Oct. 4, 2014, file photo, shows the facade of the New York Stock Exchange. Health care companies are leading stocks broadly lower in early trading Tuesday, Feb. 13, 2018, on Wall Street as the market gives back some of its big gain from the day before. (AP Photo/Richard Drew, File).
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