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Tag Archives: connection

Morgan Stanley’s boss just explained the bank’s ‘WTF moment’

Colm Kelleher. Morgan Stanley Morgan Stanley No. 2 executive Colm Kelleher said it took a “WTF moment” to trigger a major revamp of his firm’s bound income business. Kelleher, speaking at Morgan Stanley’s European Financial Conference Tuesday, described the problems that business was confronting a couple of years ago — and how …

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Bank of America is getting whacked (BAC, JPM, C)

Markets Insider Stocks are holding a dive. The Dow and SP have left a record 109 days but a 1%+ decrease but currently that competence come to an end. At 1:04PM EST the Dow and SP were down .80% and .87%. Volatility is also popping.  The Chicago Board Options Exchange sensitivity …

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Gold is spiking on marketplace fears (GLD, GDX)

Gold futures are up 0.8% as investors find safety from Tuesday’s down market. Both the Dow Jones industrial normal and SP 500 are on lane for their first declines of at slightest 1% given Oct 11.  Gold customarily moves aloft when there is fear, uncertainty, or sensitivity in markets. So distant this year, …

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