EghtesadOnline: Sometimes the best lessons are worth repeating. Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc. shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of bonds and emphasized the importance of sticking with a simple investment strategy, rather than chasing returns.
EghtesadOnline: European authorities will close ABLV Bank AS, the Latvian lender facing U.S. accusations of money laundering tied to North Korea that’s central to the political scandal shaking the euro zone this week.
EghtesadOnline: Bitcoin pared its gains rather than break above $10,000, triggering a selloff in other large digital coins.
EghtesadOnline: The global stock rally marched ahead to reverse more of this month’s correction as investors took in stride a jump in benchmark Treasury yields. S&P 500 equity-index futures rose, the dollar fell for a fifth day and the yen advanced.
EghtesadOnline: The euro-area economy maintained its robust growth pace at the end of last year, setting the stage for another solid performance in 2018 that may sway European Central Bank policy makers into winding down unprecedented stimulus.
EghtesadOnline: U.S. equity-index futures gained, the dollar edged lower and Treasuries were steady before a key inflation report that may throw more light on the Federal Reserve’s policy path. Stocks in Europe advanced, bolstered by robust economic data.
EghtesadOnline: Investors got a reprieve from the rout in stocks and the worst volatility spike since 2015, with equities rising in Europe and Asia. S&P 500 futures rose, while the dollar and Treasuries fell amid concern President Donald Trump’s budget proposal will drop his party’s goal to balance the budget in 10 years.
EghtesadOnline: What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this week.
EghtesadOnline: U.S. equities ended their worst week in two years on a positive note, but rate-hike fears that pushed markets into a correction remain as investors await American inflation figures on Feb. 14.
EghtesadOnline: Global equity markets remained fragile on Wednesday, with U.S. stock futures falling, European gauges rising and Asian shares paring a gain as measures of volatility hovered at double their levels of two weeks ago. Treasury yields eased and crude slipped.