Finance
The end of ‘QE infinity’?
The new UK chancellor Philip Hammond © Getty Images Until recently, the rate of expansion in global central bank balance sheets seemed likely to remain extremely high into the indefinite future. Although the US Federal Reserve had frozen its balance sheet, both the European Central Bank and the Bank of …
Re-calibrating our thinking about Brexit after MPC rate cut
The Bank of England has cut interest rates and started a quantitative easing program that includes both government and corporate bonds. This approach was enough to send the pound Sterling down to $1.31 and 10-year gilt rates to a record low of 0.677{b3df30ef46327c92536c9d4cc87cf2f525bd3d5ea719227c874c7a308e531779}. While I reiterate my previous bullish views …
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA)
This is what traders are talking about.
Carl Icahn Confirms 2 Trump Cabinet Contenders on Twitter – Fortune
FortuneCarl Icahn Confirms 2 Trump Cabinet Contenders on TwitterFortuneLongtime Donald Trump supporter and activist investor Carl Icahn confirmed on Tuesday that the president-elect is looking at Wall Street veteran Steven Mnuchin as his choice for treasury secretary and billionaire Wilbur Ross for commerce secretary.Donald Trump narrows candidates to lead …