Lagarde: Greece Faces Default July 1 Without Deal
Source: http://www.foxbusiness.com/economy-policy/2015/06/18/lagarde-greece-faces-default-july-1-without-deal/?intcmp=bigtopmarketfeaturesside
Fitbit Goes Public Amid Growing Competition
http://www.foxbusiness.com/industries/2015/06/18/fitbit-surges-in-trading-debut/?intcmp=bigtopmarketfeatures
JPMorgan’s Jimmy Lee: The Master Dealmaker’s Legacy
The death of JPMorgan Chase Vice Chairman James “Jimmy” Lee shocked Wall Street. He was considered a master dealmaker, father of the modern-day syndication loan market, and a formidable competitor. But for many, he was much more. Bloomberg’s Betty Liu remembers Jimmy Lee and his legacy. (Source: Bloomberg)
Zero percent forever!
A few years back, we started the sarcastic, tongue-in-cheek mantra that “they will never raise rates unless the market makes them!” They have not let us down. In spite of pundits continually telling us when rates will go up, in spite of the fed constantly teasing, nothing ever happens. We have not had a rate…
The Most Delayed Flight Routes in the U.S.
Source: http://www.wsj.com/articles/the-most-delayed-flight-routes-in-the-u-s-1434557072
Required Reading Of The Day
Fed Signals a Gradual Pace for Rate Increases – WSJ The Ticking Time Bomb of Youth Unemployment – Fox Business Uber Driver Was an Employee, California Commission Says – WSJ J.P. Morgan Deal Maker Jimmy Lee Dies – WSJ FCC Plans to Fine AT&T $100 Million Over Speed Caps – WSJ DOT to Investigate FAA…
Investor’s Edge: 06/17/2015
Investor’s Edge: 06/17/2015
Waiting on the Fed…and Donald Trump!
While we are waiting on the fed today to tell us blah blah blah…and while the market continues to just move back and forth in a tight range, we wanted to talk Donald Trump. Besides the fact that we love success stories like Donald Trump, we wanted to address the reaction to the news he…
Government Debt to Reach 107% of U.S. Economy in 2040, CBO Says
http://www.bloomberg.com/news/articles/2015-06-16/government-debt-to-reach-107-of-u-s-economy-in-2040-cbo-says
This Former NFL Player’s $8 Billion Mortgage Lender Started With a Google Search
Source: http://www.bloomberg.com/news/articles/2015-06-16/this-ex-nfl-player-is-winning-mortgage-share-from-banks