The weakness in equity markets we ended last year with continued into the first trading day of 2016.
Citigroup Inc. (C) is a financial services holding company providing financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage, and wealth management.
The Federal Reserve—big surprise—finally pulled the trigger on the much anticipated rate hike.
The investment landscape has changed considerably, in the past several years, with U.S. stocks soaring to levels widely considered to be overvalued with the no-less-than Nobel Prize winner, Dr. Robert Shiller — noted author of the prescient “Irrational Exuberance” — publicly speculating several times this year that we may be in a bubble.
After a furious rebound in October, the global markets have pulled back hard thus far in November.
Equities are riding the momentum of better-than-estimated corporate earnings.
As we round out of October, we are looking ahead and assessing our forecast for the 2015 year-end, as well as our expectations for one year and three years out.
I attended my first academic conference as a PhD student last week, which was mostly devoted to the presentation of new research and papers for critical review by other academics.
The consensus on Wall Street seems to be that earnings expectations are low amidst low inflation and moderate economic growth.
The Federal Reserve was thrown another curve as a less-than-stellar, non-farms payroll data figure last week, showing employment did not strengthen as much as expected…