Prattle is a text analysis company that uses proprietary algorithms to provide weekly research on central bank communications. This is a reprinted version of their Macrocast, originally published on their blog.
Prattle's models are based on the historical relationship between central bank language and market reaction, which is used as basis of evaluation for future communications.....More>>>
Though he campaigned for Hillary Clinton, financier Warren Buffett (Trades, Portfolio) divulged that he bought a lot of stocks following the election of President Donald Trump, and on Tuesday he revealed what they were.
WASHINGTON, DC – JUNE 14: Warren Buffett participates in a discussion during the White House Summit on the United State Of Women June 14, 2016 in Washington, DC. The....More>>>
Two new companies joined the IPO pipeline during the first week of 2017. Blackstone’s Invitation Homes (INVH), the the nation’s largest owner of single-family houses, filed for an IPO that we estimate will raise $1.5 billion or more. As a JOBS Act filer, the REIT could begin trading as early as the week of January 30. Following a string of recent filings from the energy sector, founder-owned....More>>>
Downbeat holiday sales reports byKohl’s(NYSE:KSS) andMacy’s(NYSE:M) pushed the department store sector, and much of retail, in the red on Thursday. As of 11:38 a.m. EST, Kohl’s was down 19.5%, Macy’s was down 14.4%, and peers includingNordstrom(NYSE: JWN) andJ.C. Penney(NYSE: JCP) also tumbled, falling 9.8% and....More>>>
Despite a week shortened by the Thanksgiving holiday, on Wednesday all of the major indices closed at new highs except the Nasdaq, but it joined the others on Friday’s half session with a fresh closing high. The expected reduction in corporate taxes, reduced regulation and greater infrastructure spending was cited as the primary reasons for the gains.
The splendid American economist, Thomas Sowell, for decades did double duty as a newspaper columnist. Typically, his columns had a laser focus, but every now and again Sowell would let loose with a rambling piece which he would entitle, "Random Thoughts on the Passing Scene."
Matchpool, the incentive-based community platform that is touted as allowing anyone to open their own “matchmaking pool”, is to launch a crowdfund campaign later this month in a move described by the blockchain start-up’s CEO and co-founder Yonatan Ben Shimon, a former hedge fund m