Financial Markets Report - Transforming Money Into Wealth
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Financial Markets Report  - Transforming Money Into Wealth
The Most Trusted Newswire on Finance and the Markets
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The $30 Oil Cliff Threatening Russia's Economy

The $30 Oil Cliff Threatening Russia's Economy | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
For Russia, $30 is the number to watch.
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New Fed rules prohibit emergency loans to companies

New Fed rules prohibit emergency loans to companies | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The Federal Reserve said it will adopt new regulations on emergency corporate lending.
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For richer, for poorer

For richer, for poorer | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
One way or another, America’s government will end up bailing out Puerto Rico
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Here comes flash services PMI ...

Here comes flash services PMI ... | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Economists forecast a print of 55.
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Here comes consumer confidence ...

Consumer confidence is expected to remain elevated in November, according to the latest report from the University of Michigan.
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Jobless Claims in U.S. Decline to Lowest Level in a Month

Jobless Claims in U.S. Decline to Lowest Level in a Month | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Applications for unemployment benefits fell more than forecast last week as claims moved closer to a four-decade low that shows a resilient labor market.
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Economy in U.S. Expands More Than First Estimated on Inventories

Economy in U.S. Expands More Than First Estimated on Inventories | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The U.S. economy expanded at a faster pace in the third quarter than previously reported, reflecting a smaller hit from efforts to rein in bloated inventories.
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US third-quarter GDP growth revised up to 2.1%

US third-quarter GDP growth revised up to 2.1% | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The U.S. economy grew at a healthier clip in the third quarter than initially thought.
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Anyone who emits carbon will pay, Alberta says as it releases tough climate change policies

Anyone who emits carbon will pay, Alberta says as it releases tough climate change policies | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
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This map shows how some US corporations are worth more than the entire stock markets of other countries

This map shows how some US corporations are worth more than the entire stock markets of other countries | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
This map shows how huge some US companies are by comparing them to other countries' stock markets.
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Fed's Tarullo says worried about too-low inflation | Reuters

Fed's Tarullo says worried about too-low inflation | Reuters | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Federal Reserve Governor Daniel Tarullo said on Monday there is still a lot of uncertainty on inflation and that the path of interest rate hikes should be influenced by how much inflation moves
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Oil prices have just bounced - here's why

Oil prices have just bounced - here's why | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Crude prices slumped and then rebounded on Monday after Saudi Arabia said it would cooperate with all countries to help stabilize the oil market.
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Liberals Say Books Billions Deeper In Hole

Liberals Say Books Billions Deeper In Hole | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Finance Minister Bill Morneau's update comes after months of downgraded economic projections.
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Brazil in crisis: The good, the bad and the ugly

Brazil in crisis: The good, the bad and the ugly | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Brazil's is battling political scandal, inflation, unemployment and credit woes. Is there any good news for investors?
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Alberta set to unveil climate change policy

Alberta set to unveil climate change policy | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Alberta is set to unveil its long-awaited climate change policy on Sunday.
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ECONOMIST: 'Jobs market is literally on fire in most states in the union'

ECONOMIST: 'Jobs market is literally on fire in most states in the union' | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Unemployment rates in all 50 states and the District of Columbia were below 7% in October.
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Iran Sees OPEC Keeping Output Cap Unchanged at Next Meeting

Iran Sees OPEC Keeping Output Cap Unchanged at Next Meeting | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
OPEC probably will maintain its current crude output ceiling at 30 million barrels a day, including a planned production increase by Iran, when the producers’ ministers meet next month in Vienna, according to Iranian Oil Minister Bijan Namdar...
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Business in New York is still terrible

Business in New York is still terrible | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Economists forecast that the headline Empire State manufacturing index remained negative.
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Japan Enters Recession as Economy Contracts in the Third Quarter

Japan Enters Recession as Economy Contracts in the Third Quarter | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Japan’s economy contracted in the third quarter as business investment fell, confirming what many economists had predicted: The nation fell into its second recession since Prime Minister Shinzo Abe took office in December 2012.
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Friday the 13th has actually been a pretty good day for stocks

Friday the 13th has actually been a pretty good day for stocks | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Despite negative myths about Friday the 13th, the day actually has a mild upward bias in stock market history.
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Greed is still trumping fear, and that’s bad for stocks

Greed is still trumping fear, and that’s bad for stocks | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The bull market is in the final stages of its life, writes Mark Hulbert.
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Here’s the big problem with low interest rates

Here’s the big problem with low interest rates | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Low interest rates and unconventional monetary policy are increasingly counterproductive, writes Satyajit Das.
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When car sales are high, everyone wins

When car sales are high, everyone wins | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Auto makers are promoting more sales incentives as 2015 comes to an end.
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Nordstrom skids 20% after earnings miss

Nordstrom skids 20% after earnings miss | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Shares of Nordstrom fell as much as 20 percent on Thursday after the retailer reported earnings that missed Wall Street expectations.
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US producer prices drop for 2nd straight month in latest sign of low inflation - NEWS 1130

WASHINGTON – The prices charged by farmers, manufacturers and other producers fell in October for the second straight month, fresh evidence that there is little sign of inflation in the U.S. economy.
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Curated by Enzo Calamo
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.