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Bruising year for stocks is ending in unheard of calm

Bloomberg An investor probably would’ve panicked if you told her at the start of 2019 that the trade war wouldn’t go away. Or that earnings would fall flat and that a bid to kick out the president would erupt. Fast forward 11 months and nobody seems to care. Volatility in the equity market is flirting with a two-year low, with ...

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‘Bitcoin should hit $150,000 before an ETF can work’

Bloomberg The $200 billion cryptocurrency market is far too small for an exchange-traded fund to work, according to Fundstrat Global Advisors LLC’s Tom Lee. Numerous attempts to get approval from the US Securities and Exchange Commission (SEC) for crypto-related ETFs have been stymied, and Lee doesn’t think it’s a bad thing. Big fund launches in the US can have around ...

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New face of Boeing jets tries to win back 737 Max buyers

Bloomberg Days after Stanley Deal took the helm of Boeing Co’s jetliner business last month, he was winging across the globe to meet with the airline bosses most shaken by the deadly crashes that have plunged the manufacturer into crisis. Deal spent the October 29 anniversary of the first of two 737 Max crashes with Rusdi Kirana, founder of Indonesia’s ...

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