Posted in business news

The creator of Wall Street’s ‘fear gauge’ says people don’t understand it as well as they should

One of Wall Street’s most popular positions is betting that nothing will happen in the markets.  Every day, traders across the country place bets that…

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Posted in business news

BANK OF AMERICA: Here’s how to make a killing from the next tech boom with ‘limited risk’

It’s been hard to miss the rally in technology stocks this year. The S&P 500 sector is up about 24% year-to-date, outpacing the broader index’s…

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Posted in business news

MARKS: The media loves to hear 2 things about the market — here’s why I will never say them (OAK)

In July, Oaktree Capital founder Howard Marks issued a warning shot to investors in a wide-ranging memo. The overarching point: Markets are overheated, risks are going ignored, and…

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Goldman Sachs asked its interns about their spending habits, social-media apps, and dreams — here are their answers (GS)

Internship season has wrapped up on Wall Street, and young financiers have headed back to school with all the new skills and knowledge they picked…

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The definitive guide to the state of Wall Street, business by business

Business is up on Wall Street, but not nearly enough to start popping bottles.  Investment banking revenues at the top-12 banks hit $82 billion during…

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