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After 9 years the Fed finally raised interest rates. Fed Chair Yellen took the historic step after her predecessor, Ben Bernanke, lowered rates to 0% during the depths of the 2008 global financial crisis.

The hike before Christmas – A (Short) Poem

“Christmas at my house is always at least six or seven times more pleasant than anywhere else. We start drinking early. And while everyone else is seeing only one Santa Claus, we’ll be seeing six or seven.’ – W.C. Fields. […]

IPOs Maintain Appeal In A Multitrack World

IPOs Maintain Appeal In A Multitrack World

IPOs Maintain Appeal In A Multitrack World by Ernst & Young After last year’s record-breaking level of activity, the volume of global IPOs in 2015 fell by 2% to 1,218 IPO listings and total capital raised declined by 25% to […]

Walmart Stores Open Until 8 PM On Christmas Eve

Walmart Stores said People who haven’t purchased all the items on their Christmas shopping list has nothing to worry. Walmart stores are open until 8:00 o’clock (local time) on Christmas Eve. According to the Walmart, for those who prefer online […]

Goldman Report Mentions $20 Oil Amid Forced Selling

Goldman Report Mentions $20 Oil Amid Forced Selling

With oil trading near $34.68 in the early morning hours, below Goldman Sachs’ $38 per barrel three month West Texas Intermediate price target, the salient question is: is oil just mean reverting from Goldman’s price average or are more fundamental […]