• Morning News: October 12, 2018

    2 monthes ago - By Crossing Wall Street

    Behind Market Turmoil, Potentially Good News 100 Million Barrels: The World Hit a Daily Oil and Liquids Record
    World's Largest Car Market Faces Historic Drop
    Interest Rates Are Rising for All the Right Reasons
    U.S. Treasury Staff Finds China Isn't Manipulating Yuan
    The Biggest Buyers of American Stocks Are on the Sidelines Right Now
    BlackRock Wins $40 Billion Chunk of Lloyds Investment Pile
    JPMorgan Profit Boosted by Higher Interest Rates
    SoftBank Picks Nomura, Goldman, Three Others to Lead Mobile Unit's IPO
    Retail's New E-Commerce Headache: Delivering Workers to Warehouses
    Tencent Music...
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  • CWS Market Review - October 12, 2018

    CWS Market Review - October 12, 2018

    2 monthes ago - By Crossing Wall Street

    “I think the Fed is making a mistake. It's so tight, I think the Fed has gone crazy.”
    - President Donald Trump
    In last week's CWS Market Review, I told you that the bears would strike again-and they did. On Wednesday, the Dow Jones Industrial Average shed 831 points for its worst loss in eight months. The market then followed that up with a further drop of 546 points on Thursday. That's a staggering loss of 1,377 points in just 48 hours.
    Suddenly, Wall Street is nervous. In the last six days, the Volatility Index is up 160%. The first thing I should tell you is don't panic. While all this...
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