Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) reported fiscal first-quarter results before markets opened this morning. The investment bank and financial services giant reported quarterly diluted earnings per share (EPS) of $1.59 on…
ThinkstockSandra Pianalto, President of the Cleveland Federal Reserve, is talking up the path to economic growth this Monday at The International Economic Forum of the Americas in West Palm Beach, Fla. Much of the…
ThinkstockRegional presidents of the Federal Reserve have been active in speaking out for or against the measures and impact of all of the quantitative easing measures of late. The latest comments come from Federal…
Jon OggJapan has confirmed what we already expected in that its version of quantitative easing is going to be massive. Depending on how it comes about, somewhere between $75 billion and $80 billion (depending…
Investors and traders alike always seem to be on the lookout for new investment ideas. With the S&P 500 and the Dow Jones Industrial Average having recently hit new highs, 24/7 Wall St. decided to…
The market is paying attention to Atlanta Fed president Dennis Lockhart today regarding an end to quantitative easing. While some investors may be keying off of the “end of this year” in the commentary,…
ThinkstockChicago’s Federal Reserve President Charles Evans is generally considered to be a more dovish Federal Reserve member. In his speech today, it does not appear is that there is going to be any substantial…
thinkstockFitch Ratings has put Cyprus’s long-term foreign debt on a ratings watch with a possible negative outcome. The ratings agency has also capped its ratings on the ratings of all debt issuers and transactions…
ThinkstockWe have reported in great detail about the importance of sector leadership in fulfilling the potential for a secular bull market rally. The Dow Theory maintains that major market trends depend on how the…
ThinkstockCyprus’s Finance Minister Michael Sarris told the BBC that large depositors with money in the nation’s banks could lose up to 40% in taxes and levies, much more than has been assumed recently. The…
Courtesy of American ExpressIf the market does not want to try to chase shares of American Express Co. (NYSE: AXP) higher, perhaps the company can do it all on its own. The credit card…
ThinkstockThe German Council of Economic Experts has lowered its economic forecast for Germany for the year 2013. The good news is that this remains positive on the growth front. The bad news is that…
ThinkstockThe U.S. Securities and Exchange Commission (SEC) has approved a plan submitted by The Nasdaq OMX Group Inc. (NASDAQ: NDAQ) that provides up to $62 million in compensation for investors who lost money during…
ThinkstockFederal Reserve Governor Sarah Bloom Raskin is speaking Friday at the National Community Reinvestment Coalition annual conference in Washington, D.C. She took office in 2010 and will have an unexpired term until the end…
courtesy U.S. Federal ReserveThe less things change, the more time everyone has to speculate about what might happen if things do change. As expected, the Federal Reserve’s FOMC today announced that it is leaving…