So many bankers break the law in so many ways around the world, but why does this happen? Are bankers more likely to be evil than other professionals? Are the temptations too great? Are the laws too lax? Join Zolio as we discuss why banks go bad—and how to stop it.
After a brief reprieve from falling, stock prices tumbled on Tuesday as the Federal Reserve indicated it was going to get more aggressive about raising interest rates. But why exactly do higher rates cause stocks to fall? The answer isn’t as simple as many think it is.
The best recession predictor is flashing red. The yield curve is flattening and looking to invert, and investors aren’t paying as close of attention to it as they used to. Should they?
Ask anyone on the street how you make it big in finance, and they’ll likely say it takes a lot of math and a lot of luck. But that’s not really true. On Wall Street, there are two skills that will make you richer faster than being a math whiz—and there are three very good reasons why.
Stocks have spent months falling in fear of higher interest rates, and the future looks gloomier with a war and higher commodity prices. So why did the market soar when the Federal Reserve hiked interest rates by 25 basis points? To understand this, we need to go back to one of the basic building blocks of finance: time.
Recently a couple of Wall Street banks sent notes to clients about how to invest for a nuclear war and the end of the world. Sound crazy? These are crazy times…but what will happen to finance in a post-apocalyptic nightmare?