Sterling is taking on ’emerging market’ characteristics: Bank of America

A trader pauses while monitoring financial data on computer screens at ETX Capital, a broker of contracts-for-difference, in London, UK on Friday, Oct. 7, 2016. Chris Ratcliffe | Bloomberg | Getty Images LONDON – Sterling is in danger of becoming an “emerging market” currency as falling growth and growing risks cause investors to flee the … Read more

Wall Street banks name global stocks and sectors that could be near a bottom

Bank of America and JPMorgan have named global stocks and sectors that have plummeted and could be trading near the bottom, while Citi said: “buy this dip.” It comes at a volatile time for markets. After weeks of losses, the S&P 500 and Dow Jones Industrial Average scored big gains last week. The Dow finished … Read more

Which of Buffett’s bank stocks might make you the most money?

This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in Berkshire Hathaway Inc.’s BRK.B, +1.75% 13F filing with the Securities and Exchange Commission for the end of the first quarter is … Read more