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Jobs Report Beats Expectations, Adding To Week Of Market-Boosting Economic NewsIt’s been a week of encouraging economic news for the bulls. Jobs data this morning blew past expectations after the Fed earlier this week gave markets a gift of dovishness. Where are these jobs? In American Samoa? Is that including federal workers who were Layed off and now back on the job? Yay! For new jobs.
Source: Forbes - 🏆 394. / 53 Read more »
European markets seen slightly lower amid earnings, dataEuropean stocks are set to open slightly lower Friday morning, with investor caution mounting ahead of a flurry of key economic reports.
Source: CNBC - 🏆 12. / 72 Read more »
European markets seen mixed amid earnings, dataEuropean stocks are set to open mixed Monday morning, after stronger-than-anticipated U.S. jobs growth helped to improve market sentiment.
Source: CNBC - 🏆 12. / 72 Read more »
Goldman Plans Cuts in Commodities Trading as New CEO Digs InCommodities trading at Goldman Sachs, once a huge moneymaker and a central part of the bank’s DNA, is on the chopping block. Who cares? it should of suffered its consequences back when the market crashed.
Source: WSJ - 🏆 98. / 63 Read more »
Goldman Sachs plans cuts in commodities trading unit: WSJGoldman Sachs Group Inc plans to chop its commodities business after a months-lo... Good. When they will be closing their doors permanently? We don’t need them!
Source: Reuters - 🏆 2. / 97 Read more »
Lebanon’s caretaker government has edged it towards economic crisisLebanon’s finance minister did little to instil confidence earlier this month when he said his country was ready to default Your article is already outdated 😂
Source: TheEconomist - 🏆 6. / 92 Read more »
Saudi Crown Prince Meets Resistance on Economic Overhaul—From His Own BureaucratsSaudi technocrats remain determined to stop the planned IPO of national oil company Aramco, and have pushed back on plans for solar-power generation and an Uber investment. The prince is facing what one Saudi executive calls ‘passive resistance’ from within his own government. Maybe the U.S. Congress should at least consider shouldering the type of 'mantle' being used by Saudi bureaucrats. (And maybe not; but when realDonaldTrump is POTUS, every avenue of resistance must be checked out).
Source: WSJ - 🏆 98. / 63 Read more »