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Sarhan's Latest Media Quote: Reuters More flexible yuan mildly bullish for commodities
“China’s economy is experiencing explosive growth and Beijing has taken several key measures in recent years to curb that robust growth.
“Allowing the yuan to be more flexible is simply another calculated measure to achieving that goal,” said Adam Sarhan, founder and chief executive of New York’s Sarhan Capital.@Forbes Quote: Investors Giving Up On China, Get Even More Bearish
If you like risk, then boy do Chinese brokers have a product for you. Two weeks ago, People’s Bank of China governor Zhou Xiaochuan told a gathering of Finance Ministers and central bankers at the G-20 meeting in Turkey that the current volatility in China’s mainland equity markets has worked itself out. Not quite. The Deutsche…
Monday Recap: Sarhan in CNBC: Stocks rise as energy gains nearly 2%; US election in focus
Monday, October 10, 2016 10:52am Stocks traded higher on Monday, following the second presidential debate while investors digested a rise in oil prices. “You have more clarity from the U.S. election, with the uncertainty from that heading lower; you’ve got less uncertainty from OPEC, and that’s bullish for stocks,” said Adam Sarhan, CEO of Sarhan…
Reuters Quote: US STOCKS – Wall St set to open lower as Greece worries resurface
* First-qtr GDP contracted 0.2 pct vs earlier estimate of 0.7 pct * Weekly mortgage applications rise * Lennar rises after quarterly profit beats expectations * Futures down: Dow 81 pts, S&P 6 pts, Nasdaq 26 pts (Adds details, comment, updates prices) By Tanya Agrawal June 24 (Reuters) – Wall Street was set to open…
Adam Sarhan TheStreet.com Quote: Stock Futures Slump on Global Concerns
By Andrea Tse Monday 09/24/12 – 08:40 AM EDT Stock quotes in this article: ^DJI, ^GSPC, ^IXIC, LEN, RHT, CSTR, VZ, YHOO NEW YORK (TheStreet) — Stock futures were pointing lower Monday with the markets anxious over global growth prospects and the progress on fixing the European debt crisis. Futures for the Dow Jones Industrial Average were slumping 47 points, or 49.47 points below fair value, at 13,453. Futures…
Reuters Quote: Wall St. opens lower as Greek crisis weighs
U.S. stocks opened weaker on Friday, pressured by a setback in Greek debt talks and increased chances of a rate hike in September as a recovery in the U.S. economy gathers steam. Greece said it would not cross its “red lines” as it looked to intensify political negotiations for an agreement, saying IMF’s move to…
