We have very wealthy people taking profits [on stocks] and we see a lot of speculation in the market. I think the market is going to start to go down.
Phew, we're going down. Thank heavens we are getting clobbered. It's about time we've felt the wrath of the sellers.
Thus far, September has lived up to its billing as a weak month for stocks. And getting back into sustained rally mode may take some time.
“I don’t think a V-shaped recovery depends on the [stimulus] package,” Kudlow told reporters, adding that “the economy is improving nicely.”
many banks are outsourcing parts of their foreign exchange businesses, a trend that may cement big lenders’ dominance of global currency trading.
Having complained for years about hedge funds’ high fees and lacklustre performance, insurance firms may be preparing to cut allocations to the sector
The chairmen of UBS and Credit Suisse supported a merger of equals between Switzerland's two largest banks during discussions earlier this year.