Are big bounces in the market just as bad as big drops? Commonwealth Financial's CIO said that the recent volatility we've seen means the market doesn't know what is going on.
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The Fed gave the market the language it wanted, Homrich Berg CIO saysFed Chair Jerome Powell is learning on the job and is 'increasingly sensitive to market participants' expectations of arguably one of the most powerful people in the country,' according to MKM Partners' Charles Campbell.
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Market sell-off was overdone and economy is strong, says Wells Fargo Global CIOEurope and Asia are slowing down, but 'I don't think the rest of the world can accelerate until the United States stabilizes,' Wells Fargo Global CIO Kirk Hartman said yesterday. He said the economy is strong and for now the U.S. is the place to invest.
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5 things to know for December 27: Trump in Iraq, financial markets, Russia, Indonesia, Australia heatwave5 things to know for December 27: - President Trump in Iraq - The Dow roars back - Russia's new missile system - Indonesia volcano alert level raised - Australia heatwave
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Fed's Bullard says open to revisiting balance sheet runoff but doesn't think it is damaging markets
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A Fed pause won't be the Fed riding to the rescue, says Bessemer CIO'Eyes wide open.' Bessemer Trust CIO Rebecca Patterson says she has a more bullish outlook for 2019, but doesn't think we're 'necessarily out of the woods. I want to temper my enthusiasm a bit.'
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Expect More of the Same for Blockchain in 2019, Say CIOsSome said blockchain didn’t generate much value for their businesses in 2018 and they remain doubtful of its promise next year.
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