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He was short, scrawny and balding, with a face like an old boot. But Frank Sinatra wound up owning the world. How? That the immigrants’ son from Hoboken rose to the dizziest heights of showbiz and American society is, frankly, astounding. Did you know that the word “frankly” was derived from him? Okay, not really, but it seems like it should be: Frank was the epitome of frank, i.e., in-your-face, pull-no-punches, take-no-prisoners candid. And I’m talking only about his singing—not the people he ...
Ben Bernanke waited for certainty before making changes to monetary policy. Under Bernanke, the Fed took far longer than expected to taper its third round of bond buying. Yellen and members of the FOMC, although they would surely send markets scrambling, might not be entirely crazy to ask for more time before raising rates. Two justifications for raising rates are steady jobs gains over the course of 2015, which have brought the unemployment ...
Apple stocks (AAPL) broke Ichimoku cloud for the primary bearish market condition with 109.97 level as the next bearish target. "This past October 26, Dialog Semiconductor (which derives a large portion of revenues from Apple AAPL -0.89%) reported results in Germany before the opening bell that were worse than anticipated and then went on to lower guidance for the December quarter.""That day shares of Apple opened down about 1% before ending the day lower by 3.2% as investors ...
The Federal Reserve Explained In 7 Minutes Chair Janet Yellen grabbed everyone’s attention this year when she implied that the Federal Reserve, aka the Fed, may raise interest rates for the first time in six years. The markets have been responding ever since, once again proving that the Fed holds a lot of the cards when it comes to the U.S. economy. But what exactly is the Fed? And how did it become so powerful? ...
It has been a month of tragedy and upheaval in Paris as a result of the terrorist attacks that killed 129 people throughout the city. What are the main points of the “Paris Outcome”? There are three elements, say London-based analysts E3G: The Paris Agreement: An enduring, legally binding treaty on climate action which contains emission reduction commitments from 187 countries starting in 2020. It will ...
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