Wells Fargo Troubles Mount With Penalty for Soldiers’ Car Loans
http://www.bloomberg.com/news/articles/2016-09-29/wells-fargo-troubles-mount-with-penalty-for-soldiers-car-loans
Wells Fargo CEO: We’re ending the sales goals that caused all the trouble
http://www.cnbc.com/2016/09/29/wells-ceo-john-stumpf-says-he-is-deeply-sorry-but-denies-orchestrated-effort.html
The Closing Look
Stocks fell on Thursday as investors digested the latest round of economic and earnings data. Before the open, the government said U.S. GDP rose 1.4% in the second quarter, beating estimates for 1.1%. Mid-day, stocks were slammed after some Deutsche Bank clients reduced collateral on trades. Separately, shares of Wells Fargo (WFC) took out their…
Listen To Thursday’s Investor’s Edge Radio Show 9.29.16
Listen To Thursday’s Investor’s Edge Radio Show 9.29.16 https://archives.warpradio.com/btr/investorsedge/092918.mp3
The Closing Look
Stocks rallied on Wednesday as investors digested a rather busy day. Six Fed heads spoke, including Janet Yellen, with the big headline coming from Mr. Evans. Mr. Evans said, rates should stay low for a long time, and that sparked a nice afternoon rally. Elsewhere, oil surged after rumor spread that OPEC will cut production in November….
Lots Of Charts Of The Day In One Article
LINK: http://www.bloomberg.com/news/articles/2016-09-28/why-people-have-been-worrying-about-deutsche-bank-in-12-charts?utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-twitter-businessadooma
The Morning Look
Market Update: Stock futures are flat ahead of Thursday’s open as investors approach the end of the month and the end of quarter. Gary’s Thoughts: Energy on radar screen now. Economic Calendar: Patrick Harker Speaks 5:00 AM ET GDP 8:30 AM ET International Trade in Goods 8:30 AM ET Jobless Claims 8:30 AM ET Corporate Profits 8:30 AM ET Dennis…
Yellen Cornered by Lawmaker in Heated Exchange Over Fed Politics
http://www.bloomberg.com/news/articles/2016-09-28/yellen-cornered-by-lawmaker-in-heated-exchange-over-fed-politics