Uncategorized
Japan’s Nikkei leads Asia-Pacific markets higher as investors digest outsized Fed rate cut
Investors in Asia will parse Fed’s decision, New Zealand GDP figures, August trade data from Malaysia, unemployment rate from Australia.
Uncategorized
Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.
Uncategorized
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.
Uncategorized
‘Fertile hunting ground’: Portfolio manager names 9 stocks to cash in on India’s growth
Yi Ping Liao of Franklin Templeton explains why she’s bullish on India, and names “exciting opportunities” to look out for.
Uncategorized
The Fed forecasts lowering rates by another half point before the year is out
The so-called dot plot indicated that 19 FOMC members see the benchmark fed funds rate at 4.4% by the end of this year.
Uncategorized
FTC slaps GameStop CEO with $1 million fine over Wells Fargo shares
Cohen agreed to the settlement with the FTC without admitting any wrong doing. The settlement isn’t final until a federal judge approves it.