AIG’s Benmosche on cancer prognosis; says he has 9 months to a year to live

Bob Benmosche told Bloomberg Television’s Betty Liu that he decided to step down as CEO of AIG earlier than he’d planned after his cancer worsened. Benmosche spoke with Liu during an interview at his home near Dubrovnik, Croatia, where he will spend his retirement. He said, “I knew that the cancer had begun massive mutations. ... Read More »

Fed’s Plosser: continued low rates may not heal labor markets; The longer we wait, the bigger we risk we’ll have to raise interest rates faster when the time comes

Philadelphia Federal Reserve President Charles Plosser told Bloomberg Radio host Kathleen Hays in Jackson Hole, WY today that monetary policy may not solve problems facing the U.S. labor market. Plosser said, “I’m very uncomfortable with the notion that we have to keep monetary policy at zero interest rates until the labor market has healed completely.”... Read More »

San Francisco Federal Reserve President John Williams expects rate rise to occur mid-2015

Bloomberg Television’s economics editor Michael McKee spoke with San Francisco Federal Reserve President John Williams in Jackson Hole, WY today, who said that very accommodative policy is what’s needed now. Williams said, “…it’s clear unemployment is too high and inflation is still too low and it calls for a very strong accommodative policy, and I... Read More »

Fed’s Lockhart: Strength of the economy needs to be taken as tentative conclusions

In an interview with Bloomberg’s Kathleen Hays, The Federal Reserve of Atlanta President/CEO Dennis Lockhart warned of the risk of “moving prematurely and snuffing out some progress” if first interest rate increase comes a little big sooner. Lockhart said “I’m more in the camp that patience is called for. I’m holding to the view that... Read More »

Bullard: Job gains point to earlier rate increases; sees dual risk if Fed is late in raising rates.

In an interview with Bloomberg’s Kathleen Hays, Federal Reserve Bank of St. Louis President/CEO James Bullard said, job gains point to earlier rate increases, “The evidence is leading toward an earlier increase that would have been in the works earlier this year. Labor markets have improved quite a bit relative to what the committee was... Read More »

Fed Pres. George: Significant progress in labor market; Broad-based job gains signal rates can rise.

In an interview with Bloomberg’s Michael McKee, Federal Reserve Bank of Kansas City/MO President Esther George said she sees ‘significant progress‘ in the labor market in 2014, “We have seen significant progress in the labor market over the last three years, and particularly this year,” gains have been “broad-based, and that’s a very encouraging sign.”... Read More »

Carson Block: NQ Mobile value is ‘south of a dollar’; Toyed with going short Herbalife

In an interview with Bloomberg’s Erik Schatzker, Stephanie Ruhle, and Cory Johnson Muddy Waters founder Carson Block said they are still short NQ Mobile after buyout. Block said the real value of NQ is ‘south of a dollar’ and said it is ‘pretty odd’ NQ Mobile bid would be real, hard to see ‘bona fide’... Read More »

Senators Brown & Vitter on GAO: “Too big to fail is not dead and gone at all”

Senator’s Sherrod Brown (D-Ohio) and David Vitter (R-La.) spoke with Bloomberg Television’s Peter Cook about a Government Accountability Office report on bank subsidies, financial regulation, and proposed legislation impose a 15 percent capital requirement on the largest banks. Both Senators Brown and Vitter stress that the GAO report bolsters case that “too big to fail” is... Read More »

Alan Greenspan: U.S. running out of buffer in economy; Stocks to see significant correction.

In an interview with Bloomberg’s Betty Liu, former Federal Reserve Chair Dr. Alan Greenspan said the U.S. is “running out of buffer in economy,” “lacks fiscal resources,” and has “no way to find new revenues.” Greenspan said equity markets will see a decline at some point after surging for the past several years, “The stock market... Read More »

Herbalife CFO John Desimone on Ackman: Big Bark, Small Bite: $HLF may sue

John Desimone, CEO of Herbalife, spoke with Bloomberg Television’s Stephanie Ruhle today and responded to Pershing Square CEO Bill Ackman’s investigation and accusations against Herbalife. When asked whether Herbalife would sue Ackman, Desimone said: “We may. That’s on the table. It’s an option. I think our case gets stronger every day.” Desimone also said: “I... Read More »

H∆ Top10
Alan Greenspan: U.S. running out of buffer in economy; Stocks to see significant correction.
AIG's Benmosche on cancer prognosis; says he has 9 months to a year to live
Fed's Plosser: continued low rates may not heal labor markets; The longer we wait, the bigger we risk we'll have to raise interest rates faster when the time comes
A look at gold Futures following Friday's drop & today's 130 point drop
Real-Time Charts
Fed Pres Bullard: Inflation to head higher; Unemployment falling to 6%; Fed 'closer to normal monetary policy
 Is Russian Oligarch Alexey Mordashov Comfortable Doing Business In The US? "Absolutely"
San Francisco Federal Reserve President John Williams expects rate rise to occur mid-2015
Over Fishing Has Ended? To Bad For Lake Michigan...
Charles Plosser: Fed is getting closer to its objectives for full employment and price stability.

Archives

wordpress stat
Hedge Accordingly by HedgeAccordingly is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Based on a work at http://www.hedgeacccording.ly