Thursday, February 8, 2018

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update February 8, 2018
NEWS
"For the vast majority of Americans, fluctuations in the stock market have relatively little effect on their wealth, or well-being, for that matter," said Edward N. Wolff, an economist at New York University who recently published new research on the topic. Both Republicans and Democrats have promoted the ...
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There were no top-tier economic reports Wednesday but New York Fed President William Dudley took part in a panel discussion on banking culture during which he said the recent drop in the stock market wasn't big enough to alter the economic outlook. Separately, Chicago Fed President Charles ...
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Although the washout was violent, it was extremely quick, and stock markets have bounced more than 5 percent off Tuesday's lows. Nevertheless, volatility gauges remain at more than twice the previous year's average. If they don't retreat further soon, analysts fear another wave of selling in the weeks ...
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U.S. financial markets were little moved by the claims data. The Labor Department said claims for Maine were estimated last week. It also said claims-taking procedures in Puerto Rico and the Virgin Islands had still not returned to normal months after the territories were slammed by Hurricanes Irma and ...
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Europe's Central Banks Echo Fed in Shrugging Off Market Turmoil ... "There will be ups and downs in financial markets," Carney told reporters in London. ... The European outlooks added an international flavor to the arguments made this week by Federal Reserve policy makers that the market turmoil ...
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The megacap tech, currently showing a market value of $810 billion, continues to test institutional buying support at the 200-day moving average, a longer-term support level. A strong rally off the 200-day line would give only those investors with a really big profit cushion in the stock an opportunity to add ...
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WEB
What Bitcoin Reveals About Financial Markets
Hacker News new | comments | show | ask | jobs | submit · login · What Bitcoin Reveals About Financial Markets (nytimes.com). 2 points by Bitcoin_McPonzi 21 minutes ago | hide | past | web | favorite | discuss · Applications are open for YC Summer 2018 · Guidelines | FAQ | Support | API | Security | Lists ...
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Opinion | What Bitcoin Reveals About Financial Markets
The spectacular increase and recent plunge in the price of Bitcoin and other cryptocurrencies have raised concerns that the bursting of the Bitcoin bubble will cause financial markets to crash. They probably won't, but the Bitcoin bubble should finally destroy our faith in the efficiency of markets. Since the ...
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