Financial Markets Report - Transforming Money Into Wealth
78.3K views | +1 today
Follow
Financial Markets Report  - Transforming Money Into Wealth
The Most Trusted Newswire on Finance and the Markets
Curated by Enzo Calamo
Your new post is loading...
Scooped by Enzo Calamo
February 3, 2016 10:44 AM
Scoop.it!

Here's the largest company by revenue in every state

Here's the largest company by revenue in every state | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Some of the largest companies in the world are broadly distributed across the nation.
No comment yet.
Scooped by Enzo Calamo
February 3, 2016 10:44 AM
Scoop.it!

Wall Street already has a trade of the year

Wall Street already has a trade of the year | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
"Can they all be right?"
No comment yet.
Scooped by Enzo Calamo
February 3, 2016 9:31 AM
Scoop.it!

The banks have had a rough start to 2016

The banks have had a rough start to 2016 | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The banks are underperforming the S&P.
No comment yet.
Scooped by Enzo Calamo
February 3, 2016 8:44 AM
Scoop.it!

No sign of slowdown in Canadian auto sales; January numbers accelerate 9.6% - NEWS 1130

TORONTO – After a record-breaking year in 2015, Canadian auto sales continued to roar ahead in the first month of this year.
No comment yet.
Scooped by Enzo Calamo
February 3, 2016 8:43 AM
Scoop.it!

Lowe's to buy Rona in friendly deal worth $3.2 billion, become Canadian leader - NEWS 1130

MONTREAL – The Lowe’s home improvement chain is aiming to buy Quebec-based Rona Inc. for $3.2 billion cash. The friendly deal would make Lowe’s the Canadian leader among home improvement retailers.
No comment yet.
Scooped by Enzo Calamo
February 3, 2016 8:43 AM
Scoop.it!

North America, China power GM to record $9.7b annual profit - NEWS 1130

DETROIT – Strong earnings in North America and China and a reversal of fortunes in Europe powered General Motors to a record net profit of $9.7 billion last year.
No comment yet.
Scooped by Enzo Calamo
February 2, 2016 9:52 PM
Scoop.it!

African private equity investment slides 69% - FT.com

African private equity investment slides 69% - FT.com | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The value of private equity deals in Africa fell by 69 per cent to $2.5bn last year, according to data released today.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 8:04 AM
Scoop.it!

'We May Now Be Overdosing On Pessimism,' CIBC Says

'We May Now Be Overdosing On Pessimism,' CIBC Says | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Downgrades Canada's economic outlook for second time in weeks.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 8:02 AM
Scoop.it!

Legal Pot Could Be $5-Billion Windfall For Canada's Governments

Legal Pot Could Be $5-Billion Windfall For Canada's Governments | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
No, it won't be enough to cover the deficit.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 7:58 AM
Scoop.it!

Nearly Half Of Canada's Industries Are Shrinking

Nearly Half Of Canada's Industries Are Shrinking | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Canada's economy hasn't grown in a year.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 7:46 AM
Scoop.it!

Chicago PMI much better than expected in January

Chicago PMI much better than expected in January | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The Chicago Purchasing Managers Index came in at 55.6 for January, the highest reading since last January.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 7:45 AM
Scoop.it!

Traders say no chance of Fed hike this year

Traders say no chance of Fed hike this year | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Traders have taken a 2016 interest rate hike off the table, anticipating that the earliest the U.S. central bank might move would be February 2017.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 7:39 AM
Scoop.it!

What do the Fed's bank stress tests mean?

Over the next two months, the Fed will test major U.S. banks for their ability to cope with the worst economic scenarios, which sends a strong policy statement.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 7:23 AM
Scoop.it!

Puerto Rico asks creditors to take 45% haircut

Puerto Rico asks creditors to take 45% haircut | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Puerto Rico asked creditors for a deep aggregate discount of around 45 percent on their debt, two sources familiar with the situation said.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 7:23 AM
Scoop.it!

China set to adopt 6.5-7% growth target range: sources

China set to adopt 6.5-7% growth target range: sources | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
China's leaders are expected to target economic growth in a range of 6.5 percent to 7 percent this year, sources familiar with their thinking said, setting a range for the first time because policymakers are uncertain on the economy's prospects.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 7:07 AM
Scoop.it!

China's official factory PMI misses forecast

China's official factory PMI misses forecast | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
China's factory activity skidded to a three-year low in January, while unofficial manufacturing data remained in contraction territory.
No comment yet.
Scooped by Enzo Calamo
February 1, 2016 7:06 AM
Scoop.it!

Top hedge funds battle China for yuan's fate

Top hedge funds battle China for yuan's fate | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The winner will have a profound impact on global financial markets as well as the well-being of countries closely tied to the Chinese economy.
No comment yet.
Scooped by Enzo Calamo
January 31, 2016 3:50 PM
Scoop.it!

This is why Alibaba thinks China's economy is going to be just fine

This is why Alibaba thinks China's economy is going to be just fine | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The story around China for the last year or so...
No comment yet.
Scooped by Enzo Calamo
January 31, 2016 3:47 PM
Scoop.it!

DEUTSCHE BANK: Oil driving stock market moves is 'nonsense'

DEUTSCHE BANK: Oil driving stock market moves is 'nonsense' | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
No comment yet.
Scooped by Enzo Calamo
January 31, 2016 4:03 AM
Scoop.it!

So Yes, the Oil Crash Looks a Lot Like Subprime

So Yes, the Oil Crash Looks a Lot Like Subprime | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The price of crude has been tracking an infamous subprime mortgage index.
No comment yet.
Scooped by Enzo Calamo
January 28, 2016 1:11 PM
Scoop.it!

More than $1 trillion may have already poured out of China's financial markets

More than $1 trillion may have already poured out of China's financial markets | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
"Capital outflows in China during Q3-Q4 2015 combined could be $550 billion, with Chinese residents’ long-foreign asset flow pegged at about $370 billion."
No comment yet.
Scooped by Enzo Calamo
January 28, 2016 1:08 PM
Scoop.it!

BLACKROCK: Get ready for a wave of bankruptcies across the global energy sector

BLACKROCK: Get ready for a wave of bankruptcies across the global energy sector | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Since August 2013, West Texas Intermediate crude futures have fallen 72%. In 2016 alone they are down 14%.
No comment yet.
Scooped by Enzo Calamo
January 28, 2016 1:08 PM
Scoop.it!

Samsung Electronics' Q4 earnings sink 40 percent

Samsung Electronics' Q4 earnings sink 40 percent | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
For the full year, it earned 19.1 trillion won (£11 billion, $15.8 billion), down 19 percent from the previous year and the lowest level in four years.
No comment yet.
Scooped by Enzo Calamo
January 28, 2016 1:07 PM
Scoop.it!

Most of China's regional provinces have lowered their 2016 growth targets

Most of China's regional provinces have lowered their 2016 growth targets | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
"This year the central government will focus on reducing production capacity, which will bring a lot of pressure on northeastern and central-western regions."
No comment yet.
Scooped by Enzo Calamo
January 28, 2016 1:06 PM
Scoop.it!

German import prices fell for the 36th month running

German import prices fell for the 36th month running | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Deflation is a risk.
No comment yet.
Curated by Enzo Calamo
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.