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Business News

U.S. regulators hand Wall Street a major win with stripped-down ‘Volcker Rule’

U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its biggest wins under the Trump administration. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) approved the revamped version of the so-called “Volcker Rule,” which aims to ban lenders that accept U.S. taxpayer-insured depos

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Trading Ideas

How Sir John Templeton Would Play Today’s Markets

Recent market volatility has spurred fears of a looming recession and bear market.
Today, Nicholas Vardy explains what Sir John Templeton, the father of global investing, would have done and how savvy investors can follow his example and prepare themselves today.

Click here to listen to today’s article.
Speculation of a looming U.S. recession has been acute.
Analysts like Gary Shilling suggest that we are already in the midst of a recession.
In contrast, Trump advisor Larry Kudlow, the director of the National Economic Council, recently asserted, “I don’t see a recession at all.”
This debate has struck global stock market sentiment hard.
The CNN Fear & …read more […]

Newsmakers

Medicine Man Technologies (OTC: MDCL) to Acquire One of Colorado’s Top Award-Winning and Best-Selling Edible Producers

– Strengthens Company’s portfolio with the manufacturers of leading high-quality, crafted cannabis edibles and extracts – Continues to establish itself as a vertically integrated operator with the latest acquisition announcement – Gains access in close […]