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After Hitting New All-Time Highs, Bitcoin Plunged 23%
Thursday, January 5, 2017 - 2:56pm | 272Read More...The price of the digital currency bitcoin quietly hit a new all-time high Wednesday at $1,161.89. The move to an all-time high was short lived, however, as the price of one bitcoin fell as low as $888.99 on Thursday. At its peak lows, bitcoin was lower by nearly 25 percent. By 1:15 p.m. ET on...
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7 Wall Street Firms Interpret Yellen's Jackson Hole Speech
Monday, August 29, 2016 - 2:30pm | 564Read More...The S&P 500 showed very little reaction on Monday to Janet Yellen’s policy speech last week at Jackson Hole. A number of Wall Street firms have weighed in on the speech and what it means for investors. Here’s a look at what seven analysts had to say. Related Link: Here's How...
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Citi Thinks The Fed Will Use Its September Meeting To Tee Up A December Rate Hike
Monday, August 29, 2016 - 10:12am | 314Read More...Fed Chairman Janet Yellen’s recent comments do not mean that the case for a rate hike had strengthened nor that “the timeless nature of the comment is consistent with market expectations coming into the meeting,” Citi’s Steven Englander said in a report. Analyst...
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If You've Not Been Paying Close Attention To Jobs Data, Get It Together
Wednesday, June 8, 2016 - 1:38pm | 257Read More...Many investors brush off the weekly initial jobless claims data and don't pay too much attention to it. According to Bloomberg, these investors should rethink their approach and start paying very close attention to the data. Initial jobless claims are released like clockwork every Thursday morning...
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What Janet Yellen Didn't Say Is Dovish: Citi
Monday, June 6, 2016 - 2:13pm | 330Read More...Following last month’s Federal Reserve commentary, Wall Street was caught off-guard by how hawkish the Fed seemed about the idea of a June interest rate hike. Janet Yellen’s speech on Monday at the World Affairs Council of Philadelphia painted a completely different picture....





