The Influence of the French Election on the Market

Investors across the world gave a sigh of relief after Emmanuel Macron, the centrist candidate, won the first round of the French presidential elections. Macron defeated his anti-EU opponent, Marine Le Pen, in the runoff round of the elections. A Macron win was what every investor worldwide had been praying for. The 39-year old Macron is a former economy minister. He had never run for an elective post before. He is an ardent pro-Europe proponent known for his tolerant attitude towards refugees, ...

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What has Happened to Trump Trade?

On November 8, 2016, America elected a new president. That the choice was Donald Trump created tremendous controversy in political and social circles, but economic markets rallied around the news. The message that the Trump campaign brought to the people resonated far and wide. Make America Great Again is more than a catchphrase, it is an undertaking to drain the swamp, bring industry back to the United States, repair healthcare, cut taxes, and boost the military. These ambitious undertakings have ...

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Wall Street

How Long will the Wall Street Rally Last?

2017 is now well underway and equities traders on Wall Street could not be happier. The Dow Jones Industrial Average has broken through the critical 21,000 resistance level and by 1 March was trading at 21,073.70. Not to be outdone, the S&P 500 index is hovering around 2,384, while the NASDAQ composite index is holding steady at 5,876. These numbers are significant in many ways. For starters, the Dow is trading at record levels. Over the past 1 year, the premier blue-chip index – the Dow 30 ...

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These Five Regional Banks Received Zero CFPB Complaints in 2016

In terms of size, regional banks slot in between the large money center banks that operate nationally or internationally and the smaller community banks that operate below the state level. Regional banks turned in a stellar performance in 2016, with net total returns of 34.52 percent, as measured by the S&P Regional Banks Select Industry Index. This compares to the benchmark S&P Composite 1500 Index’s 2016 total return of 13.03 percent, and a 30.48 percent return of all banks in the S&P ...

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