News by tag: Obama

10.01.2017

The economic legacy of Obama

Barack Obama will enter the pantheon of great orators when he leaves office this month. It’s easy to forget how much optimism and genuine hope he inspired on the campaign trail. Even now, after a rancorous eight years in office, he has a profound skill to inspire with his words. What is less well remembered is was just how much of a rotten state the economy was in when he inherited the Presidency. In many ways, The financial crisis and its aftermath have been the spectre haunting his Presidency. The financial crisis was not one of Obama’s making, but he had to deal with much of the wreckage. He oversaw the recovery of the US banking sector following its post-crisis bailout; a recovery that must be the envy of his European peers, who never have really sorted out their banks. Another defining challenge was the political backdrop: the Republicans regained control of the House of Representatives two years into Obama’s first administration (i.e. following the November 2010 elections) and control of the Senate in the November 2014 elections.

 
Read More
20.12.2016

US Justice proposes $5-7 bn fine on Credit Suisse over toxic mortgage

The US Department of Justice is asking Credit Suisse to pay between $5 billion and $7 billion to settle an investigation into its selling of mortgage-backed securities, a source with knowledge of the matter told Reuters on Tuesday. The claim against Credit Suisse, which is likely to be negotiated in 2017, far outstrips the bank’s and investors’ expectations. However, if the sides do not reach an agreement, US authorities could sue the bank. Credit Suisse and the Department of Justice declined to comment.

 
Read More
14.11.2016

Gold at the Dawn of a new Presidential Cycle

The price of gold was expected to benefit from the surprise Trump win, and it did immediately after, with a jump towards the September high near 1340 dollars per ounce. The rally lasted just three hours, then the course reversed and the former downtrend resumed with a sharp fall below the 1250 mark. Why, then, the sentiment that had pushed higher what is considered as a safe haven, turned to bearish so fast? The projected investments in infrastructure promised by Trump, sparked purchases of industrial metals, bonds yield went up, and so the dollar, not a friendly environment for gold.

 
Read More

Events


Semptember 2015
  • 22
    Jun

    Benjamin Graham once said: "The essence of investment management is the management of risks, not the

  • 22
    Jun

    Wo liegt die Zukunft des Investierens und wie kann man sich in der steigenden Komplexität der Produ

  • 22
    Jun

    The event, reserved only to qualified investors, is aimed at private bankers, asset managers, famil

  • 28
    Jun

    Only a little more than half a year is remaining until implementation of PRIIPs and MiFID II, and th

  • 30
    Jun

    Lo Shipbrokers and Shipagents Dinner è uno degli eventi più importanti nel panorama mondiale della

See All

newsletter

Updates and news from MarketPlus

Market Overview
SMI® PR9051.270,73 %
LYXOR DAX INAV122.1340,15 %
FTSE MIB Index20930.26-0,68 %
FTSE 1007439.29-0,11 %
CAC 405281.930,15 %
S&P 5002439.840,17 %
NASDAQ Composite6249.60300,25 %
HANG SENG INDEX25674.53-0,08 %
Powered by Yahoo Finance