Financial

Rumor has it that Blackrock (BLK) has a few assets under management. This morning BLK is down a couple of percent in price. No big deal other than it could …

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The Obama administration has tried to prevent other countries from investing in China’s new Asian Infrastructure Investment Bank (AIIB). It was concerned that the AIIB would undermine the power of …

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Goldman Sachs Group Inc (GS) released the earnings results from its first quarter before opening bell this morning, posting earnings of $5.94 per share on revenue of $10.62 billion, which was …

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Citigroup Inc. (NYSE:C) released the earnings report for its first quarter before opening bell this morning, posting adjusted earnings of $1.52 per share on adjusted revenue of $19.8 billion. Analysts had …

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OVERNIGHT MARKETS AND NEWS June E-mini S&Ps (ESM15 -0.38%) this morning are down -0.35% ahead of U.S. weekly jobless claims and Mar housing starts that may provide a clue on the timing of …

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Citigroup’s Chief Economist Joins the Cash Ban Bandwagon We have discussed the views of Citigroup’s chief economist Willem Buiter previously in these pages (see “A Dose of Buiternomics” for details), …

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Just as the S&P appeared set to blast off to a forward GAAP PE > 21.0x, here comes Greece and drags it back down to a far more somber 20.0x. …

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The US dollar has stabilized from a sell-off that took it to JPY118.50 and lifted the euro to almost $1.0750.  Disappointing US data has squeezed out some late longs and unwound …

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The following clip seemed to sum up perfectly just what The PBOC is attempting to do (and just exactly how it will end). With Chinese equities entirely decoupled from any sense of …

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WisdomTree Investments, Inc. (WETF - Snapshot Report), the largest player in the money management domain specializing in exchange traded funds (‘ETF’), has registered a year-to-date return of 38.4%. The uptick was driven by …

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