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How Jeff Bezos Made Over $7 Billion in 2016

Image Source Steve Jurvetson on Flickr 2016 was a pretty good year for Amazon NASDAQ AMZN CEO Jeff Bezos Not only did he get to play an alien in the newest Star Trek film his net worth increased about 7 billion Bezos retained his position as the fourth wealthiest Source
Posted On 13 Dec 2016

Trump Said to Postpone Announcement on Future of His Businesses

Trump had planned to make an announcement to outline how he ll handle his 160 business operations while in the White House on December 15 Trump says now he needs more time A new date for the announcement hasn t been set but its planned for prior to his inauguration Source
Posted On 13 Dec 2016

Why Viacom, Ophthotech, and Southwestern Energy Slumped Today

Monday gave investors a slight pause from the breakneck pace of the stock market rally over the past month Even though the Dow Jones Industrials posted a modest 40 point rise to climb further into all time record territory other major market benchmarks pulled back slightly Source
Posted On 13 Dec 2016

BlackRock outlook for U.S. Treasuries – prepare for pain

BlackRock has further cut its view on 160 U S Treasuries Citing 160 rising economic growth wages amp inflation These 160 likely to continue to hurt long term U S government debt in particular More widely 160 rates globally are liable to recalibrate Source
Posted On 13 Dec 2016

PBOC sets USD/CNY central rate at 6.8934 (vs. yesterday at 6.9086)

People s Bank of China open market operations today to inject 50bn yuan via 7 day reverse repos to inject 45bn yuan via 14 day reverse repos to inject 20 yuan via 28 day reverse repos Still to come due at 0200GMT November Source
Posted On 13 Dec 2016

NZD/USD Unfazed Despite Manufacturing Activity Growth Slowdown

DailyFX com Talking Points The New Zealand Dollar was little moved as manufacturing activity data came out Sales and volumes increased 0 4 and 2 1 versus 1 8 and 2 2 prior respectively With the RBNZ on hold traders may turn to this week s Source
Posted On 13 Dec 2016

Will 2017 Be Ambarella, Inc.s Best Year Yet?

Ambarella NASDAQ AMBA took investors on a wild ride this year dropping as low as 33 surging as high as 75 and then sliding back to the mid 50s Much of that volatility was attributed to its dependence on GoPro NASDAQ GPRO competition from Qualcomm NASDAQ Source
Posted On 13 Dec 2016

Australia – NAB November Business Conditions: 5 (prior 6) Business Confidence 5 (prior 4)

National Australia Bank monthly Business Survey for November Business Conditions 5 prior 7 revised higher from 6 Drop for the second month in a row Conditions back down to their long run average for the first time since April of 2015 Business Confidence Source
Posted On 13 Dec 2016

Australia – Q3 house price index: +1.5% q/q (expected +2.5%, previous +2.0%)

Q3 house prices 160 1 5 160 q q expected 2 5 previous 2 0 3 5 160 y y expected 4 6 prior 4 1 The focus is on the business conditions and confidence data post here Q3 house prices 160 Q3 house Source
Posted On 13 Dec 2016

Aussie Dollar Perks Up After Strong China Data

DailyFX com Talking Points China s retail sales and industrial production for November both showed solid growth However these sort s of numbers are now expected from China They weren t enough to make the Aussie Dollar look comfy above US 0 Source
Posted On 13 Dec 2016