One of the top hedge funds of 2016 is betting on a crisis that blindsides...
Shannon McConaghy, a portfolio manager with Horseman Capital Management, a London-based $2.75 billion hedge fund, says that it will be Japan's banking-industry collapse that "blindsides the market.""I...
View ArticleExecs from Goldman Sachs, Morgan Stanley, and other top Wall Street firms...
Embarking on a career on Wall Street can be a nerve-wracking experience. You're up against thousands of other people during the application process, competing for a small number of roles.And if you...
View ArticleJACK BOGLE: You're already invested outside the US, even if you don't know it
Jack Bogle, founder of the Vanguard Group, is not a fan of investing abroad.The creator of indexed mutual funds thinks that investing outside of the US is too risky and American investors should keep...
View ArticleHere's how much cigarettes cost in the 10 most expensive cities in the world
The Economist Intelligence Unit recently released a report on the most expensive cities in the world.Singapore, Zurich, and Hong Kong were the top three most expensive cities in the world, according to...
View Article'Zombie companies' are crushing the economy
The economies of developed countries have being stuck in alow growth gear ever since the financial crisis.While central banks and governments have tried for the better part of a decade to stimulate...
View ArticlePorsche is living dangerously by focusing on its SUVs
Last week, Porsche reported the best financial and sales numbers in company history.Revenue and profits both surged 25% in 2015.This week, the company's employees received hefty bonuses as a reward for...
View ArticleYou won’t recognize the new world of digital payments without this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
View ArticleGlobal investors are freaking out about the prospect of a Donald Trump...
JPMorgan recently hosted its annual Global Markets Conference in Paris, bringing together 400 clients from the UK and continental Europe.The bank carried out an audience survey at the event, asking...
View ArticleThe business cycle is over
Recession fears, concerns about China, and the extreme bearishness of investors all seemed to be aimed at answering the question of what's on the horizon.But the thing is: even asking the question...
View ArticleFintech could be bigger than ATMs, PayPal, and Bitcoin combined
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
View ArticleFoxconn lowering offer for Japan's Sharp: Yomiuri
TOKYO (Reuters) - Taiwan's Foxconn is lowering an offer for loss-making Japanese electronics maker Sharp Corp <6753.T> from an initial plan of 489 billion yen ($4.4 billion), the Yomiuri...
View ArticleThe future of financial services & technology explained
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
View ArticleFintech startup Uphold owns $17 million of Voxels — a speculative...
It turns out that the relationship between fintech startup Uphold and the speculative, non-tradable cryptocurrency "Voxel" it's holding in its coffers is more complex than we first thought.Business...
View ArticleGreece is allowed to start sending migrants back to Turkey from today
Europe is embroiled in the worst refugee crisis since World War II.While European Union members are all trying to thrash out the best way to accommodate the one million migrants arriving in the 28...
View ArticleThe $2 trillion debt market that collapsed last year is in the middle of a...
The crazy world of high-yield debt is enjoying a huge resurgence in 2016, after collapsing late last year.Earlier this week, analysts from investment bank Jefferies argued that the so-called "perfect...
View ArticleA wave of bankruptcies from American oil companies won't be enough to trigger...
Recessions usually come from a series of dominoes falling: the housing market crashes, the tech bubble bursts, and so on.Right now one of the biggest sources of fear is the credit market.As oil prices...
View ArticleFedEx shares could rise 15-20 percent over next year: Barron's
(Reuters) - Shares of U.S. delivery services company FedEx Corp could rise another 15 to 20 percent over the next year after soaring 12 percent on Thursday, Barron's reported on Sunday.Even with last...
View ArticleWilbur Ross to buy Nexeo from TPG for $1.6 billion: source
(Reuters) - Billionaire investor Wilbur Ross has reached a deal to buy Nexeo Solutions Holdings LLC, a distributor of plastic resins and chemicals, for roughly $1.6 billion, including debt, a person...
View ArticleUnderstand the payments industry in one hour with this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
View ArticleExclusive - A plea for help: How China asked the Fed for its stock crash play...
By Jason LangeWASHINGTON (Reuters) - Confronted with a plunge in its stock markets last year, China's central bank swiftly reached out to the U.S. Federal Reserve, asking it to share its play book for...
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