Is Deutsche Bank Doomed?
Germany’s Deutsche Bank is the world’s 15th
largest bank by total assets. Headed by CEO Christian Sewing, it is Germany’s
largest banking institution and is part of the German DAX stock market index.
The DAX is made up of 30 blue-chip German companies...
Oil prices stayed stable on Wednesday, allowing Wall Street a chance to recover a portion of the losses they sustained Monday and Tuesday.
The market rallied early this morning off stabilizing prices, plus optimism stemming from early fourth-quarter earnings reports. Experts were quick to note, however, that not a single...
On the final day of the trading week before the long, Memorial Day holiday weekend, most eyes were once again on Fed Chair Janet Yellen. Yellen participated in a "conversation" about interest rates at Harvard University with Gregory Mankiw, an economics professor. She was one of the featured speakers...
PHILADELPHIA - Phil Cannella and Crash Proof Retirement announced that Philadelphia icon Richard Sprague has decided to represent them as plaintiffs against the Philadelphia Inquirer.
Mr. Sprague is well known for taking and winning cases that involve defamation against good, quality businesses.
Among many others, Mr. Sprague has represented famed trial...
While Federal Reserve Chairman Jerome Powell believes the U.S. economy is in good shape heading into the 2019 holiday season, top Wall Street firms beg to differ. Powell cited a strong labor market and consistent consumer spending as signs of a healthy economy, although the Fed’s move...
President Donald Trump has had a number of very significant accomplishments during his first one hundred days in office. However, many of his biggest achievements might not have gotten the attention they deserved because of the main stream media’s liberal slant and bias, or by a continued effort from...
Since the end of the financial crisis, consumer advocates have pushed for fiduciary duty on Wall Street—an obligation for brokers and financial advisors to act in the best interest of clients at all times. Last week, President Obama added his voice to the cause.
Speaking to a gathering at AARP...
What a wild & volatile roller-coaster ride, the last five days on the stock market has been. Last Friday the Dow plummeted almost 400 points. On Monday the blue chip index rose 240 points; Then on Tuesday the Dow dumped 258 points. After a drop of 32 points on...
Wall Street’s markets have been in full-fledged panic mode since yesterday morning. The Dow shed 1.3% on Tuesday, and dropped another 1% at the start of trading Wednesday. Presidential candidate Donald Trump was quoted as saying the potential fallout could ‘devastate’ the United States.
It’s all a reaction to a series...
Investopedia defines a stock market bull market as:
“A financial market of a group of securities in which prices are rising or are expected to rise. Bull markets are characterized by optimism, investor confidence and expectations that strong results should continue.”
The current bull market on Wall Street is now over...
