Search Results for: SAFE
Fed Prepares to Keep Super-Sized Balance Sheet for Years to Come
June 11th, 2014
Federal Reserve officials, concerned that selling bonds from their $4.3 trillion portfolio could crush the U.S. recovery, are preparing to keep their balance sheet close to record levels for years. Central bankers are stepping back from a three-year-old strategy ...
Moscow Exchange is to join the FIX Trading Community as a new Global Premier member
June 10th, 2014
Moscow Exchange (MOEX) has issued in its press release dated June 9th that is delighted to join the FIX Trading Community as a new Global Premier member. MOEX manages the sole exchange platform in Russia for equities, bonds, derivatives, ...
Fed’s Bullard: ‘The Bubble Was Developing Under Our Noses’
June 10th, 2014
Perhaps accidently wiping out in one fell swoop six years of carefully orchestrated and minutely maintained Fed propaganda, St. Louis Fed President James Bullard admitted to reporters on Monday after a speech in Palm Beach, Florida, that the Fed ...
GM Sales Are Strong Despite $1.7 Billion Recall Scandal
June 6th, 2014
Despite a damaging investigation that linked a defect in some of General Motors’ cars to 13 deaths, GM (NYSE: GM) auto sales have remained steady. Last month, the company reported its strongest monthly sales since 2008, according to numbers ...
General Motors (GM) accepts ‘troubling’ report on Chevrolet Cobalt recall
June 6th, 2014
General Motors (GM) has accepted the findings of a “brutally tough, deeply troubling” report into recalls of its Chevrolet Cobalt over ignition problems which have been linked to 13 deaths. GM also said it would launch a compensation fund ...
Wall Street Fights for Our Right to Pay 5% Fund Fees
June 6th, 2014
One of Wall Street’s chief lobbyists wants you to know that the financial industry has changed, a lot, since the financial crisis. The industry “has already fundamentally reshaped itself into one that is safer, sounder and more resilient,” Ken ...
U.S. Government Bonds Extend Selloff
June 4th, 2014
The roaring Treasury bond market has come to a screeching halt. Investors cashed in their chips out of the U.S. Treasury bond market on Tuesday for a fourth straight session as concerns grew that the price rally that accelerated ...
Can This Be Good? China Looks To Build Out Risky Derivatives Market
June 2nd, 2014
The asset backed securities that sunk the U.S. economy, namely the complicated financial products known as mortgage backed securities, is a market China wants to consider opening up to…Americans. Well, not just Americans, but any multinational investment bank with ...
SEC Obtains Asset Freeze to Halt Fraud at Illinois-Based Transfer Agent
May 29th, 2014
The Securities and Exchange Commission announced fraud charges and an emergency asset freeze against an Illinois-based transfer agent and its owner whose misappropriation scheme was exposed during an SEC examination of the firm. Transfer agents are typically used by ...
The Return of Moderation: Sea of Tranquility
May 29th, 2014
Volatility has disappeared from the economy and markets. That could be a problem. A decade ago, the business cycle was an endangered species. Recessions in the rich world had become rare, shallow and short; inflation was predictably low and ...
