Fears over emerging markets and corporate earnings
Exchanges
CME Takes on London’s Aluminum Dominance
The Chicago-based group launches its own contract for the huge aluminum market
Rewiring the Banker Brain
A culture shift is still needed to reconnect finance with the real economy.
The Most Profitable Two Seconds on Wall Street
The University of Michigan Consumer Confidence Index is one of the most trusted gauges of consumer sentiment, and its monthly release is followed closely by investors all over the globe.
Any single piece of information that …
What the Boston Bombing Means for the Economy and the Stock Market
Unless the Boston Marathon bombings are part of a much larger plot, it seems unlikely that their effects on the stock market will last more than another day.
Why Derivatives May Be the Biggest Risk for the Global Economy
Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.
Why the New York Stock Exchange Sold Out to a Upstart You’ve Never Heard Of
The recent history of the New York Stock Exchange (NYSE) is interesting in part because it’s an illustration of how disruptive new technology can be. Twenty years ago the NYSE and it’s relatively young rival NASDAQ accounted for 97% of the total U.S. stock trading volume. Then the rapid development of computer technology, combined with a …
Better Safe Than Sorry: Why U.S. Securities Exchanges Closed for Second — and Maybe Third — Straight Day
It has been estimated that as many as 60 million people could be directly affected by Hurricane Sandy, but there are a few ways in which the entire country will feel the impact of this powerful storm. One way is through the closing of U.S. securities exchanges for the second straight day — the first time since 1888 that the country’s …
25 Years Later: In the Crash of 1987, the Seeds of the Great Recession
“History doesn’t repeat itself, but it does rhyme.” This quote, often attributed to Mark Twain, resonates with us for its pithy description of an irony we encounter everyday: In a world marked by rapid technological, …