“State capitalism is not our goal,” Vladimir Putin said in his first big speech on the economy since his return to the Kremlin, managing to…
New York TimesJPMorgan Selling Off Tens of Billions in Securities to Cover Fail Whale LossFiredoglakeReuters looks at the furious sell-offs JPMorgan Chase has engaged in over the last month: JPMorgan Chase & Co has sold an estimated $25 billion of …
“Low risk-adjusted returns, high correlation, slowing economic growth and rising macroeconomic and policy uncertainty have made equity investing challenging,” says Goldman Sachs’ equity strategy team.
In a new note to clients, the team, led by David…
Investors, brace yourselves for more potential chaos.
After a week of massive declines across global financial markets, the stage was set for more selling pressure in Europe and on Wall Street as stock exchanges in Asia opened earlier this morning …