Morgan Stanley: Get defensive because the inverted yield curve is sending a message

Morgan Stanley: Get defensive because the inverted yield curve is sending a message

Morgan Stanley believes last week's Federal Reserve announcement last week was not what investors expected. The Fed said it will begin reducing the bonds on its balance sheet in May and end the roll-off of Treasurys in September. Called quantitative tightening, this program is the unwind of a decade-long program of stimulating financial markets through…
Former Fed Chair Yellen says the recession indicator in the bond market could mean a rate cut not a downturn

Former Fed Chair Yellen says the recession indicator in the bond market could mean...

Zach Gibson | Bloomberg | Getty Images Janet Yellen, former chair of the U.S. Federal Reserve, listens during a Brookings Institution discussion in Washington, D.C., U.S., on Wednesday, Sept. 12, 2018. HONG KONG — Janet Yellen, the former chair of the Federal Reserve, said Monday that the recent triggering of a recession indicator in the…
New England Patriots tight end Rob Gronkowski retires from the NFL

New England Patriots tight end Rob Gronkowski retires from the NFL

Drew Rosenhaus, Gronkowski's agent, confirmed his client's decision to retire. The playmaking tight end, who turns 30 in May, leaves as a three-time Super Bowl champion who established himself as one of the most dominant players at his position and one of Tom Brady's favourite targets. His personality — on and off the field —…
If you hit the $750 million Powerball jackpot, here’s your tax bill

If you hit the $750 million Powerball jackpot, here’s your tax bill

The Powerball jackpot just won't quit. After no one hit all winning numbers in Saturday night's drawing, the top prize has jumped to a whopping $750 million. And while players daydream about what they'd do with such a windfall, they should remember they wouldn't really end up with the advertised amount. Whether you take the…
Attorney General William Barr expected to deliver Mueller report summary within an hour

Attorney General William Barr expected to deliver Mueller report summary within an hour

The White House and its allies in Congress, which repeatedly slammed the probe as a "witch hunt," found vindication in Barr's summary. In a tweet, the president claimed "Complete and Total Exoneration." Trump Mueller tweet In a statement, White House press secretary said Mueller "did not find any" collusion with Russia or obstruction of justice.…
Here are 3 key points Attorney General William Barr made about special counsel Robert Mueller’s findings on Trump

Here are 3 key points Attorney General William Barr made about special counsel Robert...

WASHINGTON – Attorney General William Barr on Sunday sent a letter to Congress that outlined the principal findings of special counsel Robert Mueller's two-year-long investigation into Russia's attack on the 2016 presidential election. The letter also explained Mueller's and Barr's opinions on whether President Donald Trump's repeated attempts to influence various elements of the Justice…
Wall Street expects big rally after Mueller finds Trump campaign did not conspire with Russia

Wall Street expects big rally after Mueller finds Trump campaign did not conspire with...

Saul Loeb | AFP | Getty Images US President Donald Trump disembarks from Air Force One upon arrival at Akron-Canton Airport in Canton, Ohio, March 20, 2019, as he travels to attend a fundraiser. Stock futures rose on Sunday night after special counsel Robert Mueller's long-awaited investigation did not find enough evidence that President Donald…
Trump responds to Mueller findings: ‘No Collusion, No Obstruction, Complete and Total EXONERATION. KEEP AMERICA GREAT!’

Trump responds to Mueller findings: ‘No Collusion, No Obstruction, Complete and Total EXONERATION. KEEP...

President Donald Trump began his victory lap over special counsel Robert Mueller's findings on Sunday with a tweet that read, simply: "No Collusion, No Obstruction, Complete and Total EXONERATION. KEEP AMERICA GREAT!" Trump tweet Later, the president spoke to reporters at an airport in south Florida. "It's a shame that our country had to go…
Read Attorney General William Barr’s summary of special counsel Robert Mueller’s findings

Read Attorney General William Barr’s summary of special counsel Robert Mueller’s findings

Attorney General William Barr on Sunday released a summary of key findings from special counsel Robert Mueller. The probe, according to determinations of Barr and Deputy Attorney General Rod Rosenstein, did not find sufficient evidence that President Donald Trump obstructed justice, or that the president's campaign coordinated with Russian efforts to influence the 2016 election.…
From Lyft to Airbnb, investors shouldn’t worry the newest tech IPO rush signals a market top: Nick Colas

From Lyft to Airbnb, investors shouldn’t worry the newest tech IPO rush signals a...

Nick Colas asserts the rush of tech IPOs does not point to a market bubble, and he has data to help prove it. The DataTrek Research co-founder lists historical trends one of two reasons why a free fall is unlikely. "We haven't had a lot of tech IPOs. There were just 52 last year. In…

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