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Financial Services Industry News at MarketWatch

Friday, Nov 30

07

Save 30% on your holiday shopping budget with these money hacks

The average American expects to spend $885 on Christmas gifts this year, according to a Gallup poll.

06

Asia Markets: Asian markets subdued but higher ahead of U.S.-China trade talks

Asian stock markets mostly rose in subdued trading early trading Friday, looking to cap a full week of broad gains as investors hope that trade tensions will ease after a weekend meeting between the leaders of U.S. and China.

04

Mutual Funds Weekly: Shopping for stock market bargains is no easy sale

People love buying things at a lower price — except when it comes to stocks.

Thursday, Nov 29

00

Financial News: ‘Equivalence’: The principle that governs the future of U.K. financial sector’s post-Brexit dealings with EU

The U.K. is set to leave the European Union on March 29 — and that could give the country’s financial-services industry a big headache.

Cryptos: Bitcoin flounders late in session, snaps two-day win streak

Bitcoin’s attempted recovery ran out if steam late on Thursday with the world’s largest digital currency surrendering early morning gains to trade lower.

23

Market Snapshot: Stocks close weaker as market focus shifts to Trump-Xi summit

U.S. stocks close lower Thursday as attention shift to a weekend meeting between President Donald Trump and Chinese leader Xi Jinping amid some skepticism whether the two leaders can reach a consensus on trade.

Bond Report: Treasurys hold ground after hopes for U.S-China trade deal offset Fed

www.marketwatch.com

Treasury yields struggle for direction Thursday after attention on a slower rate hike path next year shifts to reports that a deal to resolve U.S.-China trade tensions was making progress

21

Career military man explains how he earns $80,000 a year in passive income

Needless to say, the military probably isn’t the first place millennials look to for inspiration in achieving “FIRE” glory, but they could do worse than Rich Carey when it comes building passive income with minimal effort.

Metals Stocks: Gold notches a modest gain as dollar steadies, U.S. stock market weakens

Gold prices notch a modest gain on Thursday as a leading dollar index steadied and benchmark U.S. stock indexes saw a pullback a day after the Dow Jones Industrial Average scored its best performance in eight months.

Fed eyes December interest-rate hike, but path from there uncertain: minutes

Federal Reserve officials said Thursday they still expect to raise interest rates again in December, but signaled that the path of policy in 2019 was much more up in the air.

20

FA Center: Strong U.S. dollar can’t shoulder the blame for stock price swings

Stock investors have many things to worry about, but the dollar is not one of them, writes Mark Hulbert.

Market Extra: How a looming S&P 500 death cross could chase away the stock market’s Santa rally

Barely 16 points stand between the S&P 500 and the death cross and when that dreaded threshold is breached, investors may have to kiss the Santa rally goodbye this year.

18

Mortgage rates represent solitary bit of good news in housing market

Rates for home loans stayed pat in the most recent week, offering would-be home buyers and refinancers another shot at ownership even as housing-market dark clouds gather.

Love & Money: Who pays for the stepchildren in a blended family?

Parents face myriad financial conundrums when they’re part of a blended family.

17

Outside the Box: Crowd psychology supports a year-end rally in stocks

www.marketwatch.com

Investors are bearish, which, in a contrarian sense, could be good news for equities in the weeks ahead.

16

NewsWatch: Has Fed’s Powell just led stock investors into a dangerous ‘bear trap’?

Our call of the day says investors will need to stay on their toes as the market enters a ‘critical phase.’ It involves the Fed Chairman, Trump’s China trip and a potentially dangerous bear trap.

14

Currencies: Dollar stabilizes after post-Powell selloff

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Major currencies recovered from Wednesday’s post-Powell turbulence on Thursday, with the dollar stabilizing and its rivals giving back at least part of their gains.

13

Asia Markets: Most Asian markets roll along on Fed’s Powell’s seemingly dovish comments; Nikkei up for 5th straight day

Asian stock markets logged solid gains in early trading Thursday, with the exception of China, after the 2%-plus jumps in the U.S. as Fed Chairman Jerome Powell’s comments Wednesday hinted at a slower pace of Fed rate increases next year.

The New York Post: Pedophile multimillionaire Epstein dodged harsh sentence by flipping on Bear Stearns execs: report

www.marketwatch.com

Multimillionaire pedophile Jeffrey Epstein secretly served as a “key federal witness” against two hedge fund managers around the time he cut the sweetheart deal that let him avoid federal child sex-trafficking charges, Miami Herald reports.

12

Deep Dive: How to be a better investor: Apply your shopping skills when buying stocks

George Young of Villere & Co. discusses investors’ psychological traps.

NerdWallet: Everyone suffers from financial falls—here’s how to move on

Whatever the setback, here’s how experts advise you to get your finances back on track.

01

The New York Post: ‘Fearless Girl’ statue moving to new home on Wall Street

The famed statue of the defiant young girl was removed from her spot staring down Wall Street’s “Charging Bull” on Tuesday night — and will be installed in her new home in front of the New York Stock Exchange by the end of the year,…

Wednesday, Nov 28

23

Deep Dive: Here are the stocks that powered the Dow after the Fed’s Powell soothed investors

The Federal Reserve chairman seemed to indicate a slower approach to increasing interest rates.

Cryptos: Bitcoin soars 15%, drags market value for all cryptocurrencies up $20 billion

Digital currency prices shot higher on Wednesday, with most major coins showing double-digital gains.

22

Even after the latest correction, stocks aren’t cheap

Earnings multiples are coming down from late-summer extremes, but they likely have more room to fall.

5 retailer tricks to avoid this holiday shopping season

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Sometimes “free” isn’t really free.

17

House prices have surged, and so will the government’s mortgage obligations

Rising home prices led the regulator of the two massive government-sponsored mortgage enterprises to increase the dollar limit on mortgages they would guarantee, raising questions about what exactly the government’s role should be.