In its latest monthly report, Société Générale’s asset allocation team argues the U.S. stock market will be “at best flat over the coming few quarters, not forgetting risk of short-term correction.”The firm expects the yield on the 10-year U.S. Treasury note to rise to 3.9% in 2014 (from the current level of 2.75%) as the Fed winds down its quantitative […]
In its latest monthly report, Société Générale’s asset allocation team argues the U.S. stock market will be “at best flat over the coming few quarters, not forgetting risk of short-term correction.”The firm expects the yield on the 10-year U.S. Treasury note to rise to 3.9% in 2014 (from the current level of 2.75%) as the Fed winds down its quantitative […]
The U.S. employment picture is getting brighter, much brighter, according to a regular Labor market report published Friday morning. Total nonfarm payroll employment rose by 204,000 in October, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing, and […]
While it’s great fun and can be extremely rewarding to play the stock market (our own tips have performed pretty well as well), the main function of the stock market is to allocate capital.The joint stock company with public listing of shares started in our native Amsterdam at the beginnings of the 17th century, and it was clearly a very […]
Last week, the NASDAQ exchange froze for three hours due to a faulty connection. On Monday, Europe’s largest derivatives market shut down for an hour because of a glitch. Last month, 14,000 people in rural Iowa lost internet access after a minor car crash crushed a cable. In 2011, the entire country of Egypt had a total internet blackout after […]
In 1996, fresh out Harvard, Rajiv Kaul went to work as an analyst covering biotechnology at Fidelity Investments. At the time, the sector was still considered a risky niche—the perfect project for the new guy. “Biotech was viewed like a lottery ticket,” says Kaul, 41. “It was something conventional investors shied away from.”
Where others saw uncertainty, Kaul saw possibility. After […]
Alamy
Women with children should not trade stocks … at least, not according to Paul Tudor Jones.Last week, the billionaire founder of hedge fund management company Tudor Investment set the Internet rant-o-sphere on fire when a video of him speaking at an investment symposium at the University of Virginia leaked out.Paul Tudor Jones (Getty Images)
Among other impolitic statements caught […]
Editors’ Note: This article covers a micro-cap stock. Please be aware of the risks associated with these stocks.SunGame Corporation (OTCQB:SGMZ) is the most expensive penny stock I have ever seen. In fact, it is safe to say that this one stock completely disproves the “efficient market hypothesis,” which is so loved by academics. Not only is this stock grossly overvalued, […]
