Silicon Valley is re-inventing an industry, this time banking, one component at a time and is creating more value through new IPOs.
The real news is that the federal debt outstanding will grow by large amounts. As we've seen over the past 50 years, this will create investment opportunities too.
Europe hasn't had much good news lately. But now that the euro has dropped below $1.32, Matteo Renzi is getting Italy going and France's Hollande is forming a new government.
Stock market prices have reached new highs after the Federal Reserve's Jackson Hole conference. The takeaway from the conference is that nothing has changed.
Wells Fargo seems to be trying to stake out its position in the changing banking world of the future to include ETFs and better serve investors.
Will Mario Draghi be able to maintain his discipline over ECB monetary policy? If not, it is highly likely that the value of the euro will fall in the future.
What happens to the euro will depend, in part, on whether or not the market for euros is oversold.
According to Fischer, this slowdown in the longer-term growth of the labor supply, capital investment and productivity represents 'the real norm for the U. S. economy.'
Italy's young prime minister is now trying to bring reform and economic competitiveness to the country and set an example for a stronger Europe.
On Thursday, the ECB decided to keep key interest rates the same and gave no indication that it will provide stimulus as the Federal Reserve has done.