News 

Apple’s interest in healthcare could bear fruit

“Crossover Health operates on-site health and wellness centers for self-insured employers (Apple is a Crossover Health customer), while One Medical operates primary care facilities” writes Evan Niu for businessinsider.com. It seems that Apple’s main goal in such a possible move would be in bolstering its health data collection capabilities.It’s pretty clear that Apple’s ambitions around improving people’s health are only growing.Investors haven’t seen the end of Apple’s health-related ambitions, not by a long shot. Source: businessinsider.com Share This:

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News Regulators 

Janet Yellen deserves a second term as Fed chair

“Gary Cohn, a senior Trump economic adviser, has no monetary-policy experience, and his performance developing a tax-reform framework for the Trump administration does not recommend him” reports washingtonpost.com. He should pick the person who already has a proven track record of competence and care in the conduct of the nation’s monetary policy: current Fed Chair Janet L. Yellen.The Fed has cautiously but steadily raised interest rates and recently announced the gradual unwinding of the asset purchasing program it undertook during the Great Recession.Despite new regulations and tightening monetary policies, the…

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News 

10 ways to pull together the down payment for a home

“Have the difference between your old and new paychecks funneled automatically into your down payment savings” writes Marilyn Lewis for aol.com. Pledge to put every tax refund, gift of cash, purchase refund and work bonus into your down payment account.Get going by setting up a savings account that pays the most interest possible.If you’ll be tempted to divert the money to other needs, set up an account solely for the down payment. Source: aol.com Share This:

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Markets News 

Fund managers bet on rising interest rates but not on tax-cut boost for stocks

“Global fund managers are making big bets on higher interest rates, but they are not expecting U.S. tax reform to bring significant gains to the stock market or other risk assets” writes Boston Globe for cnbc.com. According to the monthly Bank of America Merrill Lynch survey, global fund managers are rotating into banks and Japan and out of utilities, bonds and emerging markets.According to the survey, 68 percent of the global fund managers expect to see U.S. tax cuts in 2018 but they do not see a big impact on…

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Brokers News Platforms 

The death of social trading: Conflict of interest results in exit rally; due diligence finds 80% of lead traders to be fake

“Since then, pretty much every single social trading platform has shuffled off the cyber coil” reports financefeeds.com. To no surprise whatsoever, social trading is largely a thing of the past.This is because said companies made their investment into developing solutions that would engage and retail retail traders which are largely based in their own domestic markets.Indeed, many stand-alone, third party social trading platforms are now history, but some companies that offer their own have been deleting the product from their range of services.Examples of the haplessness that began the fate…

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News 

U.K. Inflation Climbs to 5 1/2-Year High on Food, Transport

“However, retirees will see their pensions rise by at least 3 percent next year, in line with the September inflation rate” writes unknown author for bloomberg.com. The pound erased an advance after the inflation data to trade little changed at $1.3242 as of 11:38 a.m.Increases in oil and petrol prices mean it’s “likely” inflation will climb higher in October, he said in written remarks released just before the latest data.The September inflation rate has traditionally been used to uprate welfare benefits for the following April, but many have been frozen…

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News Stocks 

Why investors in Europe should be cautious on the upcoming earnings season

“However, some are worried that such interest in European equities has been disproportionately boosted by earnings forecasts that were too positive” writes European Equity Strategy for cnbc.com. The dissipation of political risks along with strong growth figures and a pickup in inflation have boosted investors’ interest in European stocks — the Euro Stoxx 600 index is up by 7 percent year-to-date.With another earnings season in Europe about to kick off, one equity analyst is concerned that European firms won’t deliver as much return as was expected at the start of…

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Markets News Stocks 

A flawed argument used by Warren Buffett could be setting stocks up for ‘one of the worst disasters in history’

“To say he’s less than warm and fuzzy about the stock market is an understatement” writes Joe Ciolli for businessinsider.com. Speaking in an interview with CNBC on October 3, the chairman and CEO of Berkshire Hathaway said, “Valuations make sense with interest rates where they are.”. We leave you with the chart supporting Hussman’s bearish claims, which shows the margin-adjusted price-earnings ratio for the US stock market at a record high:. To Hussman, the simple idea that “lower interest rates justify higher valuations” is one that gives people false confidence.This observation…

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Markets News Stocks 

Goldman Sachs’ chief equity strategist says there is an 88% chance we’re heading into a bear market

“If a bear market does happen it will be a roller coaster ride” writes Jim Edwards for businessinsider.com. However, Oppenheimer also believes that a bear market is currently being held back by low inflation, which in turn will force central banks to keep interest rates very low.Most of their data focus on the US S&P 500 index of stocks – the largest and most-followed of the share indices globally. Source: businessinsider.com Share This:

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Crypto News 

Are U.S. investors interested in cryptocurrencies?

“With cryptocurrencies continuing to gain traction as an increasingly popular investment vehicle globally, my team at Investing.com wanted to gauge how interested U.S. investors are in these currencies at the moment” writes Investing Com for venturebeat.com. Interestingly enough, topping the list of states interested in digital currencies are Nevada, Texas, and New Hampshire.What it shows is that cryptocurrency interest across the U.S. is driven by differing virtual currency regulations within each state.Perhaps as a result, the state currently tops the list with 4,057 users out of a total 36,230 (11.2…

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