Money & Markets – Week of 10.12.14

Fed’s Bullard says QE3 Could Last Longer than October
Market Watch | 16 October 2014
Maybe this is a juncture where we want to invoke this clause…

The Recent Decline in Oil Prices is Becoming a Rapid Descent
Kiplinger | 10 October 2014
OPEC, the cartel of oil-producing nations, can’t agree on the output…

Italy Lifts Out of Recession Thanks to Hookers, Drugs
Yahoo | 15 October 2014
Thanks to a change in data calculations across the European Union which includes illegal…

No Smoke, No Mirrors: The Dutch Pension Plan
New York Times | 11 October 2014
The Dutch system rests on the idea that each generation should pay its own…

JPMorgan’s Complete Guide To Everything Happening In The Markets
Business Insider | 13 October 2014
This 67-slide presentation gives investors an overview of what to watch out for in stocks, bonds, real estate, and the rest of…

China, Russia Sign $25 Billion Local Currency Swap
Bloomberg | 13 October 2014
The announcement came during a three-day visit to Russia by Chinese Premier…

Rothschild Seeks Partners in Fast-Growing African Markets
Bloomberg | 13 October 2014
“There is a huge amount of money being mobilized for Africa”…

And the Aussie Stock Futures Market Breaks again, Due to “Glitch”
Zero Hedge | 12 October 2014
ASX currently investigating market data technical issue…

Abigail Johnson Named CEO of Fidelity
The Boston Globe | 13 October 2014
At age 52, she has worked in virtually every area of Fidelity, one of the world’s largest…

Speculators Push Oil Into Bear Market as Supply Rises
Bloomberg | 13 October 2014
“The extended decline is compounded mainly by supply-driven concerns”…

Banks Harvest Callers’ Voiceprints to Fight Fraud
AP | 13 October 2014
A recent AP survey of 10 leading voice biometric vendors found that more than 65 million people worldwide have had their voiceprints…

U.S. and UK to Test Big Bank Collapse in Joint Model Run
Reuters | 10 October 2014
“We are going to make sure that we can handle an institution that previously would have been regarded as too big…

The State Pension Fund ‘Will Run Out of Cash Next Year’
Daily Mail | 09 October 2014
Amount handed out to future generations will be ‘derisory’…

S&P Downgrades Finland to AA+ from AAA
CNBC | 10 October 2014
The ratings agency said Finland could experience “protracted stagnation”…