Search Results for: performance

Market Action

October 9, 2014

The equity jocks are off their meds: After plunging 1.5 percent on Oct. 7 and rallying almost 1.8 percent yesterday, the Standard & Poor’s 500 Index dropped 2.1 percent at 4 p.m. in New York …

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Market Action

October 8, 2014

Russia is intervening in the currency markets: Russia’s central bank sold $420 million of foreign currency in its third day of interventions this month to slow the ruble’s world-beating decline. The monetary authority spent the …

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Market Action

October 7, 2014

Europe isn’t looking very good: U.K. 10-year government bonds rose with their German counterparts as a report showed factory orders in Europe’s largest economy plunged the most since 2009 in August, underlining risks to the …

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Market Action

October 6, 2014

Nothing happened today, but there was a nice column from Megan McArdle of Bloomberg regarding the Intregity case before SCOTUS that I mentioned on October 3: But the law is never simple and intuitive, in …

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Market Action

October 3, 2014

Jobs, jobs, jobs! A surprisingly powerful surge in hiring pushed unemployment to a six-year low of 5.9 percent in September as the U.S. labor market showed renewed vigor. The 248,000 gain in payrolls followed a …

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Market Action

October 2, 2014

Treasury trading is going electronic: While investors traditionally negotiated prices for U.S. Treasuries by telephone, they’re increasingly turning to computer-based marketplaces for a range of price quotes from different dealers. A record 48 percent of …

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Market Action

October 1, 2014

PIMCo doesn’t love us any more: Pacific Investment Management Co.’s Total Return ETF slashed its holdings of Canadian debt to 2.1 percent from 9.2 percent in the five days ending yesterday, according to data compiled …

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Market Action

September 30, 2014

The downside of the elimination of bankruptcy law as it relates to banks is becoming apparent: But after studying the proposals, National Bank Financial analyst Peter Routledge found that, under the new rules, commmon shareholders …

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