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Tag: market

Watchdog probes 'City bond market cartel'

Watchdog probes 'City bond market cartel'

Business
The competition watchdog is probing a suspected cartel among bond traders at a group of international banking giants, posing a renewed risk to the City's reputation a decade after the financial crisis. Sky News has learnt from senior banking industry figures that a Competition and Markets Authority (CMA) investigation into "certain types of financial product", revealed in a brief statement on Friday, is focused on activity in London's multibillion pound bond markets.The inquiry, which the CMA said had been launched earlier this week, relates to "suspected anti-competitive arrangements in the financial services sector which may infringe Chapter 1 of the Competition Act 1998 and/or Article 101 of the Treaty on the Functioning of the European Union".London's bond markets, whic...
Take these steps to control your (over)reaction in the face of market volatility

Take these steps to control your (over)reaction in the face of market volatility

Finance
Gyrating markets, rising rates and significant market volatility will always create anxiety for investors and leave them with a bad, sinking feeling. Those big swings typically cause investors great concern, no matter the rise or fall. But what is the root of the anxiety? Behavioral science suggests that humans are "uncertainty reduction" machines. That's one of the reasons why we can get a reward for putting money at risk in the markets ... that is, if we stay invested. Which brings us to the market volatility in the fourth quarter of the year. Headlines relating to the Dow "plunging" more than 800 points back on Oct.10 &mda...
Jeremy Siegel: With tech down for the count, a 'surprise' move could lead the market higher

Jeremy Siegel: With tech down for the count, a 'surprise' move could lead the market higher

Finance
The stock market can "absolutely" go higher even without technology stocks leading the way, Wharton School finance professor Jeremy Siegel told CNBC on Friday. Tech stocks, which have delivered the best returns in recent years, have been hammered lately. October was their worst month since 2008. "We might get surprised by [investors] moving into some more dividend stocks even in a rising interest rate environment because bonds wouldn't be good and people who don't want the risk of tech might say, 'Hey, I want stocks that have had long-term good dividend performance for income,'" Siegel said on "Closing Bell." ...

Dow Drops 39 Points as Market Waits for Its Vote

Finance
[unable to retrieve full-text content]Michael Haddad Michael Haddad 6 15 a m It s election day yes I voted and the markets are starting off with a cautious tone 6 15 a m 6 15 a m It s election day yes I voted and the markets are starting off with a cautious tone S amp P 500 futures have declined 0 2 while Dow Latest Articles in
Jim Paulsen: 'Full-on panic' is the buying opportunity; market hasn't seen 'ultimate bottom'

Jim Paulsen: 'Full-on panic' is the buying opportunity; market hasn't seen 'ultimate bottom'

Finance
Wall Street veteran Jim Paulsen doesn't think the market is necessarily done heading lower. For one, he thinks valuations are high. Plus, there hasn't been any real fear in the recent sell-offs. "It's always been really controlled and kind of calm throughout," the chief investment strategist at The Leuthold Group said Tuesday on "Closing Bell." "We never get a full on run to the Treasury. … You didn't have a run into the dollar today for safe haven, gold hasn't had a spike, the VIX didn't spike up any higher really than it's already been," he a...