financializer news A weblog highlighting financial topics making news in the international media.

moe: Saskatchewan Premier Scott Moe attends a media event in Saskatoon, Sask., on Oct. 4, 2018, according to The Toronto Star. Moe announced Monday that the pool of provincial money for towns and cities will grow by 10 million next fiscal year. That will bring revenue sharing with municipalities to 251 million in fiscal 2019-20. Liam Richards / THE CANADIAN PRESS The government attributes the increase to a recalculation of its revenue-sharing formula, which was reviewed last year. But more items such as children's clothing and restaurant meals are no longer exempt so the tax base is broader. The formula has been reduced to three-quarters of a point of the six per cent provincial sales tax. (news.financializer.com). As reported in the news.

russiaa ined: PLISTA window, according to Nine News Australia. PLISTA publickey item for watchdogs after royal ; function var 2000 ; Top Stories He's a pig' Bank manager accused of harassing staff, customers Earth's magnetic north pole is hurtling toward RussiaA CURRENT AFFAIRFined for parking on grass but parking legally blocks streetupdate Amazing human' among five killed on Victorian roads in horror 24 hours To improve your experience update it here News National More for watchdogs after royal commission By AAP4 58pm Feb 4, next for the regulators Much-criticised Australian Securities and Investments Commission and Australian Prudential Regulation Authority to continue operating, but with oversight from an independent watchdog New conduct-focused accountability regime regulated by ASIC and extended to non-prudentially regulated entities eg non-bank credit lender such as Prospa, and all financial advisers APRA to bolster its supervision of 'culture and governance' 170 million extra funding to ASIC, APRA, the Commonwealth Director of Public Prosecutions and the Federal Court ASIC to become the primary conduct regulator for superannuation Breaches of industry codes of conduct will be able to include 'enforceable code provisions', which if broken could constitute a breach of the law and lead to remedies for victims Related Articles Thailand blames Aust for al-Araibi plightPM fans fears about rapists and murderers Raising NSW dam wall 'good for developers' Regulators to have access to civil penalties for specific breaches of the law for superannuation trustees and directors Expanding the jurisdiction of the Federal Court to cover corporate criminal misconduct.-- Source Banking Royal Commission Final Report AAP 2019Continue reading PoliticsCONTACT USSend your photos, videos and stories to 9News contact 9news.au Auto news A government report on Electric Vehicles has called for a tighter emissions standard - caradvice.au set Timeout function if !window. (news.financializer.com). As reported in the news.

news: Revenues in the US rose 20% while revenues from Europe, the Middle East and Africa rose 29%, helped by the strength of the euro and the pound, according to The Guardian. It was the latest tech company to announce strong revenue growth news that has cheered investors but rising costs that come as the company is facing increasing competition from Amazon clouded the news. Google board tried to cover up sexual misconduct, shareholders allege Read more Alphabet's revenues for the quarter were 22% higher than the same period last year and the company made a profit of 8.9bn, the company announced on Monday. Sign up for the US morning briefing The fees that Alphabet pays to companies like Apple for Google to be their default search engine rose to 7.4bn up from 6.6bn for the same period last year. Alphabet's shares sank 3% in after-hours trading. The costs of its most ambitious projects also rose sharply. (news.financializer.com). As reported in the news.

venezuela: Prime Minister Justin Trudeau's office says he has spoken with the Venezuelan opposition leader Juan Guaido, the man Canada and many of its allies consider the legitimate leader of Venezuela, according to The Toronto Star. Fernando Llano / THE ASSOCIATED PRESS file photo A statement from the PMO says the two also discussed the need to respect Venezuela's constitution and to have free and fair presidential elections. Trudeau's office says he spoke with Juan Guaido about the need for countries to send a clear message about what the PMO calls the illegitimacy of the Maduro regime. The call comes a day before Canada and its allies in the so-called Lima Group are set to meet in Ottawa. Canada has already contributed 2.2 million for the humanitarian crisis in Venezuela that has forced three million people from their homes. The gathering of more than a dozen of Canada's Western Hemisphere allies is meant to find new ways to support the Venezuelan opposition and ease the refugee crisis in neighbouring Brazil and Colombia Article Continued Below The agenda was still being finalized on Friday, in part because of the speed at which the Venezuelan crisis is unfolding. (news.financializer.com). As reported in the news.

video link: Venezuela's opposition leader and self-proclaimed acting president Juan Guaido made a surprise appearance on a call via video link to the gathering of Lima Group members, appealing to Canada and its Western Hemisphere partners to end the usurpation of democracy in his country, according to The Toronto Star. YURI CORTEZ / AFP/GETTY IMAGES Unfortunately we are still under a dictatorship in Venezuela at the moment. Guaido issued the call in a surprise appearance via video link to the gathering of Lima Group members and several other partners, including the United States and European partners in Ottawa. That is why it is time to increase pressure, Guaido said through a translator his enlarged image hovering over the gathering on a movie-theatre sized screen. Canada and the Lima Group have backed Guaido, the opposition leader who's the head of Venezuela's legislature, as the legitimate replacement for socialist leader Nicolas Maduro. I would like to reaffirm that our actions and our co-operation with the Lima Group, along with Canada, and all the countries. (news.financializer.com). As reported in the news.

benchmark shanghai: During his three-year tenure, Liu indeed did a lot of work in market development, especially in the development of some basic market systems, according to Global Times China. However, in October 2018, the benchmark Shanghai Composite Index plunged from a level above 2,800 to about 2,450 within three weeks. It can be seen that Liu Shiyu, who took over the leadership of CSRC on February 20, 2016 and left the position on January 26, was not the first that failed to serve the full tenure in the post. Statistics also showed that the A-share markets delivered sluggish performance during Liu's tenure, which saw the Shanghai Composite Index and the Shenzhen Component Index lose 9 percent and 25 percent, respectively. Yet, a qualified CSRC chairman needs to care about more than just stock index performance and market trends. Some market observers believe that the bad market performance is an important reason behind Liu's departure. (news.financializer.com). As reported in the news.

court judge: The Royal Commission was a quasi-judicial independent body led by a former high court judge that was tasked by the government, reluctantly at first, with investigating financial sector misconduct following a string of banking scandals, according to The Independent. For 11 months its public hearings shocked the country and wiped more than A 60 billion 43.4 billion from top financial stocks as investors factored in the prospect of tougher regulation, higher compliance costs and thinner margins. FILE PHOTO - A combination of photographs shows people using automated teller machines ATMs at Australia's Big Four banks - Australia and New Zealand Banking Group Ltd bottom R Commonwealth Bank of Australia top R National Australia Bank Ltd bottom L and Westpac Banking Corp top L . REUTERS/Staff/File photo The big banks, insurers, pension funds and regulators who oversee the financial industry are bracing for a brutal summary of their misdeeds and weaknesses, and a list of tough recommendations including possible criminal charges. Regulators were also grilled by the commission's barristers about why they seemed reluctant to crack down on wrongdoing, sometimes penalizing firms with little more than a mildly worded press release. Among other things, analysts expect the inquiry will recommend tougher enforcement of responsible lending laws, an end to certain conflicted commissions paid to financial advisors, and limits to executive bonuses. There will be nothing positive in the recommendations because the banks have clearly breached various obligations in the laws, and obligations to good customer service, said Matthew Wilson, a banking analyst at Deutsche Bank. (news.financializer.com). As reported in the news.

drive transition: Since then a group of investors has worked hard to persuade BP BP, 0.12%BP., 4.02% and other companies in which they invest to commit to the goals that aim to contain warming in the current century to less than 2 degrees Celsius, according to Market Watch. Those investors are signatories of the global Climate Action 100 initiative, which was launched in December of 2017 with the goal of pushing the biggest emitters of greenhouse gases to help drive the transition to clean energy. The move comes after shareholders passed a motion in 2015 that asked the company to improve its corporate reporting and transparency on climate change-related risks. More than 300 investors from some of the world's biggest institutional investors, including California Public Employees' Retirement System, known as CalPERS, HSBC Global Asset Management, Ircantec, and Manulife Asset Management have been working to engage companies on improving their emissions and bolstering climate-risk and climate-related financial disclosures. This is a welcome step by BP, which will hopefully lead to more action on climate change by others in the oil and gas sector, said Emma Herd, a member of the global Climate Action 100 Steering Committee and CEO, Investor Group on Climate IGCC . See also New report expected to boost push to make company climate-risk disclosures mandatory Mindy Lubber, chief executive of sustainability non-profit Ceres, agreed. The group has considerable financial clout, managing more than 32 trillion in assets collectively. (news.financializer.com). As reported in the news.

government statistics: There are legitimate demands that must be expressed, noted Musa, pointing out that those demands would find open heart on the part of the government, according to Global Times China. He further stressed that the government is working to resolve the economic issues, saying it is true that there are problems and work is underway to resolve them. Voice must be heard and respected despite presence of exploitation by political trends, said Musa when addressing a political symposium in capital Khartoum on Saturday. There are economic problems and lack of services. According to government statistics, at least 30 people have been killed during the protests. Since Dec. 19 last year, various areas in Sudan, including Khartoum, have been witnessing popular protests over the deteriorating economic conditions and price hikes of basic commodities. (news.financializer.com). As reported in the news.

industry: Canada may have gone green, but there are plenty of reasons to believe the U.S. isn't following suit this year, according to The Independent. Sean 3, 2019 at 11 41AM The legal cannabis industry had itself a year to remember in 2018. Here's Why. Although marijuana stocks were a mixed bag, the weed industry gained validation like never before following the legalization of recreational marijuana in Canada. There was plenty to cheer about in the United States, too. Rolling out the red carpet for cannabis will mean billions of dollars in added annual revenue, and it demonstrates that the cannabis industry is in no danger of disappearing. (news.financializer.com). As reported in the news.

money: Even if you have perfect foresight of whether growth accelerates or decelerates from one quarter to the next, your portfolio will lose money if you use this as a signal to buy or sell the market in anticipation; and that's true for almost all markets, no matter whether you buy three months or six months ahead of the economic cycle, according to The Japan Times. Yes, that's right, you're significantly better off flipping a coin than listening to economists if you want to make money trading markets through the economic cycles. ; Of course, economists are not completely useless. Unfortunately, most of this is a complete waste of time. They redeem themselves by having a perfect explanation for the disconnect between financial markets and the national economy the former no longer reflects the latter. After all, markets don't vote; but the citizens of a national economy do. Political leaders like U.S. President Donald Trump and Prime Minister Shinzo Abe who both have explicitly stated that they view the stock market as the ultimate objective arbiter for the success of their policies should take note. (news.financializer.com). As reported in the news.

perovskite technology: In our opinion, perovskite solar cells have the potential to address the world energy poverty, said Mohammad Khaja Nazeeruddin, a professor at Switzerland's Federal Institute of Technology Lausanne, an institution on the cutting edge of solar energy research, according to The Japan Times. Solar panels coated with the mineral are light, flexible, efficient, inexpensive and come in varying hues and degrees of transparency. Indeed, perovskite technology is on track to revolutionize access to solar power for all, given its surprising physical properties, some experts say. They can easily be affixed to almost any surface laptop, car, drone, spacecraft, building to produce electricity, including in the shade or indoors. It was named after the Russian mineralogist Lev Perovski. Though the excitement is new, the mineral perovskite has been known to science since at least the 1830s, when it was identified by the German mineralogist Gustav Rose while prospecting in the Ural Mountains. (news.financializer.com). As reported in the news.

constitution: Moore says he wished that Ocasio-Cortez was old enough to run for president and that the age requirement in the constitution should be amended so that she could, according to MSNBC. The documentary filmmaker said that the most important quality in a Democratic presidential candidate is who can take it to Trump. Alexandria Ocasio-Cortez D-NY the leader of the Democratic party in an interview on MSNBC Friday night. Moore also thinks Virginia Governor Ralph Northam should have resigned the moment the racist photos were revealed and that President Trump knows his support has eroded in the Midwest. I think that they have realized that they are sick and tired of living paycheck to paycheck and this has to end. I think that people have had it, Moore said. (news.financializer.com). As reported in the news.

electricity supplies: Prospects for new nuclear projects have commanded headlines and government attention in recent weeks, with Hitachi and Toshiba scrapping their plans for major new plants, according to The Guardian. But the fate of the existing plants, which usually provide about a fifth of the UK's electricity supplies, has been pulled into focus by outages due to safety checks and engineering works running over schedule. What role does nuclear power play in UK and what are alternatives Read more A temporary closure of two of the country's eight nuclear plants resulted in a double-digit drop in nuclear generation in January, compared to the same period last year. Nuclear outages also push up carbon emissions because any capacity shortfall will typically be replaced by fossil fuel power stations. Most were built with a lifetime of about 35 years in mind. Nuclear output graph Seven of the nuclear power stations use an advanced gas reactor AGR design, the oldest of which is 43 years old and the youngest 30 years. (news.financializer.com). As reported in the news.

predictor: It's time for my annual column debunking the infamous Super Bowl Predictor, according to Market Watch. The reason to devote yet another column to the subject isn't that the Predictor's track record has improved. That's right, folks. In fact, as I will discuss further in a minute, this past year constitutes yet another failure for the indicator. The Super Bowl Predictor is just one example. The reason to nevertheless devote a column to the subject is that the big game provides the perfect occasion for pointing out the many shameless ways that we can torture the data to say almost anything we want. (news.financializer.com). As reported in the news.

press release: For 11 months its public hearings shocked the country and wiped more than 60 billion Australian dollars 43.4 billion from the country's top financial stocks as investors factored in the prospect of tougher regulation, higher compliance costs and thinner margins, according to The Japan Times. Regulators were also grilled by the commission's barristers about why they seemed reluctant to crack down on wrongdoing and closed investigations with little more than a mildly worded press release. The big banks, insurers, pension funds and regulators who oversee the financial industry are bracing for a brutal summary of their misdeeds and weaknesses, and a list of tough recommendations including possible criminal charges. ; The Royal Commission was a quasi-judicial independent body led by a former high court judge that was tasked by the government, reluctantly at first, with investigating financial sector misconduct following a string of banking scandals. There will be nothing positive in the recommendations because the banks have clearly breached various obligations in the laws, and obligations to good customer service, said Matthew Wilson, a banking analyst at Deutsche Bank. Rather, it will deliver a list of recommendations for the government to consider. The Royal Commission cannot directly order prosecutions or penalties. (news.financializer.com). As reported in the news.

stock: The fourth-quarter of 2018 showed otherwise, according to Market Watch. In that turbulent period for the U.S. stock market, two-thirds of ESG funds outperformed. In the stock market, the argument goes, you can do good or you can do well, but not both. Read our report, then check out why the average retirement account balance at Fidelity has dropped, why stock bulls want the New England Patriots to lose the Super Bowl, and why you should care about a bond-market gauge known as the yield curve. When stock markets turned turbulent, ESG funds punched above their weight Fidelity's average retirement account balances dropped the reason why may surprise you There are fewer 401 k millionaires,' but investors aren't panicking. Jonathan Burton INVESTING NEWS & TRENDS When stock markets turned turbulent, ESG funds punched above their weight Two-thirds of environmental, social, and governance funds finished in the top half of their broader peer groups for the fourth quarter. (news.financializer.com). As reported in the news.

trial gianluca: The carmaker's Europe divison boss said Brexit uncertainty had played a part in the decision, in addition to reduced sales forecasts, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 Join Independent Minds For exclusive articles, events and an advertising-free read for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent With an Independent Minds subscription for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent Without the ads for just 5.99 6.99 9.99 a month Start your free trial Gianluca de Ficchy said the announcement would be interpreted by a lot of people as a decision related to Brexit and that uncertainty around the UK's future relationship with the EU is not helping companies like ours to plan for the future . The decision is a further blow to the UK car industry, following recent moves by Ford, Jaguar Land Rover and Honda to reduce their workforces and cut costs. Instead, the next-generation X-Trail SUV will be made in Japan, the manufacturer confirmed in a letter to workers. Nissan had already voiced concerns about Brexit before finally committing four months after the EU referendum to build the new Qashqai and X-Trail models in its Sunderland factory. Two years later the correspondence with the business ministry has still not been released publicly because it is deemed to be too commercially sensitive. It then emerged the government had offered reassurances to the company, sparking concerns over secret deals. (news.financializer.com). As reported in the news.

weather conditions: However, the gains over optimism were not enough to recover losses earlier this week, according to Global Times China. On a weekly basis, the most active soybean contract for March delivery fell 7.5 cents, or 0.81 percent, to close at 9.1775 dollars per bushel. Anticipation that China will buy more US agricultural products, especially soybeans, pushed up the oil seed prices double digits during Friday's session, before the futures settled with moderate daily gains. CBOT March wheat rose 4.25 cents, or 0.82 percent weekly, to settle at 5.2425 dollars per bushel. Possible winterkill caused by the deep freeze that hit US Midwest in the past week also supported the grain, said market watchers. Wheat futures climbed sharply on Friday over dry weather conditions in western states of Australia, one of the leading wheat growers in the world. (news.financializer.com). As reported in the news.

future: Nissan said it had taken the decision for business reasons but warned that Brexit was having an impact, saying The continued uncertainty around the UK's future relationship with the EU is not helping companies like ours to plan for the future, according to The Guardian. In 2018 annual UK car production fell by 9.1% on the previous year It acknowledged in a letter to workers Today's announcement will be interpreted by a lot of people as a decision related to Brexit. The Japanese car manufacturer announced in 2016 it would be making the new version of the X-Trail SUV at the factory in north-east England after receiving assurances about Brexit from the government, but on Sunday it said it would be produced in Japan. The X-Trail is produced in Japan currently and Nissan said keeping production there would reduce upfront investment costs . The slump in the European diesel car market also played a role in the decision, with the Sunderland plant originally earmarked for the diesel version of the X-Trail. People are keen to invest but all motor companies and others across the economy point to the fact they don't know what our trading relationship will be with our most important trading partner, and that is a source of uncertainty they want resolved and I want it resolved too, because it is hampering investment that would otherwise be made, Clark said. Greg Clark, the business secretary, made no attempt to hide his disappointment at Nissan's decision and said it was not surprising that business were holding back on spending decisions given the ongoing political impasse over Brexit. (news.financializer.com). As reported in the news.

management: Com date Published date Modified author type Person name Leslie Harms description Gyroscope Capital Management Group Llc decreased its stake in Apple Inc AAPL by 45.85% based on its latest 2 image type Image Object url width 128, height 128 publisher type Organization name The Financial Examiner logo type Image Object url width 249, height 51 import family Quattrocento Quattrocento Quattrocento Quattrocento Quattrocento ; logo h1 a color 7eb900; .widget h3.title, sidebar .tabberlive, articles .head title, h3.archive title, .post author, ul.dropdown li ul background fff; .widget h3.title, sidebar .tabberlive, articles .head title, h3.archive title, ul.dropdown li ul border-color fff; body font-family 14px; logo h1 a font-family bold; .article h2.title a font-family 23px;font-weight bold; .single .post h1.title a font-family 34px;font-weight bold; .widget h3.title font-family window, according to MSNBC. OneSignal ; One Signal.push function scope '/' ; var one Signal options ; one Signal options; true; true; ; Join Wall Street's Brightest Minds. ; Receive research in your inbox from top analysts, before the market opens. Com AMZN Shareholder Baldwin Investment Management Has Decreased Its Position The Financial ver 5.0.3 ; d a,b var e k.to DataURL ;return d e function e a var b;if !l 32px f a var g.concatemoji img.wp-smiley, img.emoji display inline !important; border none !important; box-shadow none !important; height 1em !important; width 1em !important; margin 0 .07em !important; vertical-align -0.1em !important; background none !important; padding 0 !important; context http //schema.org type News Article main Entity OfPage type Web Page id headline As Apple AAPL Shares Declined, Shareholder Gyroscope Capital Management Group Cut Its Position; Amazon. Click here to learn how. ; ; ; function document Init OneSignal var one Signal elements var function event event.prevent Default ; ; for var i 0; i i false ; if document.ready State 'complete' document Init OneSignal ; else function event document Init OneSignal ; ; body.custom-background background-image background-position left top; background-size cover; background-repeat no-repeat; background-attachment fixed; .widget h3.title, sidebar .tabberlive, articles .head title, h3.archive title, ul.dropdown li ul text-align center; border-top 0px; .hr border-top 0px solid EEE; logo margin 0 0 0px; padding-top 10px; padding-bottom 10px; columns margin 0px 0 0px; footer .widget-area padding 0 0 0px; margin 0 0px; border-bottom 0px solid ececec; footer background-color fff; text-align center; .post h1.title text-align center; The Financial Examiner Trending Business News Economy News Finance News As Apple AAPL Shares Declined, Shareholder Gyroscope Capital Management Group Cut Its Position; Amazon. The institutional investor held 23,283 shares of the computer manufacturing company at the end of 2018Q3, valued at 5.22 million, down from 43,000 at the end of the previous reported quarter. Com AMZN Shareholder Baldwin Investment Management Has Decreased Its Position Posted by Leslie Harms on February 3, 2019 at 1 13 pm adsbygoogle window.adsbygoogle .push ; Gyroscope Capital Management Group Llc decreased its stake in Apple Inc AAPL by 45.85% based on its latest 2018Q3 regulatory filing with the SEC. Gyroscope Capital Management Group Llc sold 19,717 shares as the company's stock declined 22.32% with the market. (news.financializer.com). As reported in the news.

mitch marner: Leafs Auston Matthews, Mitch Marner and Morgan Rielly could play together for many years to come, if Matthews' talk about contract negotiations is on the mark, according to The Toronto Star. Kevin Sousa / GETTY IMAGES After Saturday's 3-2 win over the Pittsburgh Penguins at Scotiabank Arena, the 21-year-old all-star said he was confident that his negotiating team will find something that works, with the sides expected to meet again in Toronto this week. In the wake of Saturday's Hockey Night in Canada report that Matthews who is in the last season of his entry-level deal and Leafs management are making progress and exchanging numbers, the star centre said his focus is on keeping the core of the lineup together for several more years. One significant factor is that star winger Mitch Marner is also due for a huge new deal. Try to find something that works for both sides and obviously helps us out with that whole situation, Matthews said. Marner's camp, however, has reportedly said it doesn't want to negotiate until after the season. (news.financializer.com). As reported in the news.

morrison government: The Morrison government took possession of the final report from commissioner Kenneth Hayne on Friday afternoon, with the treasurer, Josh Frydenberg, enduring an awkward photo opportunity with the former judge; and has taken the weekend to formulate a response, according to The Guardian. Bill Shorten Labor 'not for turning' on negative gearing and dividend changes Read more There is widespread anticipation the report could flag legal actions as a consequence of the litany of horrors unveiled during the royal commission process, and could also recommend reform of regulation across the financial services sector, as well as action on controversial remuneration and reward structures inside institutions. With institutions and their shareholders braced for a major shake-up when the final report and the Morrison government's response is made public after financial markets close on Monday, the chief executive of the Australian Banking Association, Anna Bligh, said banks had not lived up to the high standards Australians rightly expect of the industry . While we don't know the recommendations in the report, we do know this is an opportunity to reset the industry and to make things better for our customers, Bligh said. Labor on Sunday attempted to goad Scott Morrison, who has been highlighting the risks of a credit crunch if the response is fumbled, into committing to adopting all of Hayne's recommendations. With the banks facing their day of reckoning on Monday, and the government response in the spotlight, the shadow treasurer, Chris Bowen, will use the Chifley Oration to lay down markers in the economic policy debate in the run up to the federal election. Bill Shorten contended the reality is this is a government that can always find a way to not bring the banks to heel . It is unclear whether the response to the royal commission will be bipartisan, with the major parties now locked in an intensifying battle over the economy and tax policy in the countdown to the federal election. (news.financializer.com). As reported in the news.

percent: In both, Trump leads the Democrat by a margin of 33 percent to 32 percent, according to MSNBC. Even though Schultz trails both candidates, him sitting above 15 percent is important because that's historically been the threshold candidates need to hit to be included in general election debates. Schulz wins about 17 percent in each of the two ballot tests, new internal polling provided first to Meet the Press shows. The result comes after Schultz has taken a beating from Democrats concerned he may divert votes from their nominee. And it doesn't include a breakdown of from where Schultz pulls his voters, a key question for Democrats concerned about his impact on the race. But the Schultz release doesn't state what questions, if any, were asked before the ballot test that could have influenced the result. (news.financializer.com). As reported in the news.

administration officials: And indeed they may be, according to The Japan Times. But the generally modest growth over this period also reflects what has not been achieved under Abenomics. Since the boom cycle corresponds to the second administration of Prime Minister Shinzo Abe, who returned to the government's helm in December 2012, administration officials are touting the benefits of the extended boom, such as an improved job market and corporate earnings, as the fruits of the prime minister's trademark Abenomics policy. The nation's workforce has increased by 3.75 million during this boom cycle close to the number of jobs created during the asset-inflated bubble boom from the late 1980s to the early 1990s. Listed companies have been posting record profits for several years, and the Nikkei average on the Tokyo Stock Exchange has more than doubled. With brisk demand backed by strong corporate profits, combined with the intensifying manpower shortage in the rapidly graying population, the labor market is now the tightest it has been since the mid-1970s there is an average of more than 1.6 job openings for each job seeker. (news.financializer.com). As reported in the news.

balance sheet: In a statement, the Fed, which raised interest rates four times in 2018, signaled Wednesday that it's on hold until further notice, according to Market Watch. In a separate statement, it also signaled it might slow the pace of the rundown of its balance sheet for technical reasons. We're as happy as anyone that U.S. stocks have rebounded, but we're not mistaking the Fed's easier stance for a sign the clouds have cleared, wrote Nicholas Colas, co-founder of Data Trek Research, in a Thursday note. See Patient' Fed adopts wait-and-see stance as Powell says case for higher rates weakens' Even as investors dived in to equities after the Fed's meeting this week, a simultaneous bond-market rally appeared to offer up a more pessimistic assessment. Yields rebounded Friday, with the 10-year ending at 2.68%, but off 6 basis points for the week. The 10-year Treasury yield TMUBMUSD10Y, 0.73% finished below 2.70% on Wednesday, the first time in three weeks, plunging an additional 6 basis points on Thursday. (news.financializer.com). As reported in the news.