President of the nations only finance museum with a mission to preserve and teach about our financial his trade. We are a smithsonian affiliate. Now our friends at the Coffee Business school have done it again. This time it is a book on investing. It is the history, written by Norton Reamer and Jesse Downing. Covers thousands of years. All the way through to Warren Buffett in the legends of today. Along the way will meet any of individuals, many products, themes from investing. Market learn about manipulation, Insider Trading, and fraud. This book is very well researched with a very comprehensive emily auger fame, so much so that it was just talking to norton a little while ago and he tells me they have 10 , so it will this is work. Norton has had a story career. He was a former ceo and chief Investment Officer of investment putnam investments. And he left to manage a holding withny for over 20 years, 200 billion in assets under management before it was sold. He is still active with a
Story, a little bit concerned about it. Those factorsof in the mix. Anna we do not need to revisit the fact we saw all materials down 40 in the last quarter. A little bit of a bounce in copper of days or so. Extending that bounce after we had the chinese data, at a oneweek high. Before you get too excited, Morgan Stanley talking about the worse to come something we heard from citigroup earlier. Guy not good news for ivan blazoglazenburg. We are watching the credit story, it is one of the factors that honestly has been behind the equity market rally. Markets beingt used as a way to generate buybacks. They elevate equity levels, and if that story stops spinning, because have a problem. But a bounce in copper, most things have come back. Let me show you the crossover index, this is the story credit has been signaling a much longer term concern being priced in. We saw a big selloff, that is glencore and a number of factors in their. We did see a big bounce, but nevertheless, the credit sto
Caroline at incwe want to get perspective, tom. We want to get the idea that this extraordinary Volatility Oil prices, stocks following eike a lost puppy will we se what is happening in the markets reflect on the overall economy . The eu cutting growth figures for gdp that is a market d circumstance. Tom im bringing in vonnie quinn before she does the news. It really shows the growth tension. Vonnie and the inflation forecast, cut by half. That is a huge move. Also assuming brent crude at 35. 80 per barrel, down from 42. 50 per barrel. Tom and this set that up perfectly this morning. We will look at the bank of england, announcements coming out, and David Rosenberg will join us in the next hour. He is adamant that deflation fears are overdone. Right now we need to check up with the news. Vonnie the euro strengthening. Days after they began the syrian peace talks, geneva has been suspended. Againste major progress rebel held areas, backed by russian airstrikes. Says syria talks will res
The afx 200 is starting the day off with a gain. 5350 three is your gain. It is less than a 10th of 1 up. Following, is also no. It is unchanged. 4768. The new Zealand Dollar spot is weakening right now. Were counting down to the open in japan and korea. Lets head right over to japan. In an hour we will open for the first time this year today. Last year a gained seven cents of 1 . 1 . 7 10 of on it starts its first full trading day of the year in japan. The dollar yen strengthening. To our top story. Posting a profit but just barely. Htc earnings missed estimates for a fourth consecutive quarter. We have a look at the sales them down. Gging you can really blame it on sales. This is the largest phone launch to date. It halt this a slowdown we have seen for nine consecutive quarters. Downeye sizing up robert junior to help promote the brand and bring awareness in greater china. Ticket look at the Fourth Quarter figures. Income rising to 10 million, misting estimates by 55 . This is the s
Good morning. CFA Institute, a global association of investment professionals, announced on April 4 that among the 16,932 candidates worldwide who sat for the…