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Quoted In Reuters & CNBC.com Discussing Gold
Gold rose 2 percent to a 1.5 month high on Monday on technical buying as political uncertainty in Italy threatened to accelerate the euro zone’s sovereign debt crisis. Bullion was on track for its biggest one-day gain in two weeks as buying sentiment improved after Germany’s Chancellor Angela Merkel has ruled out using gold and…
Adam Sarhan Int'l Business Quote: Wall Street's Top Banks To Keep Lower Profile At Russian Investment Meeting
Wall Street’s Top Banks To Keep Lower Profile At Russian Investment Meeting Amid Growing Sanctions By Kathleen Caulderwood on April 29 2014 3:18 PM Wall Street’s top firms are walking an increasingly fine line between business as usual and growing political pressure to shun Russia for its annexation of Crimea and meddling in Ukraine,…
Adam in CNBC: Stocks close lower amid Trump policy concerns; financials dive 2%
Tuesday, January 17, 2017 4:00 p.m. U.S. equities fell on Tuesday, with financials lagging, as uncertainty around President-elect Donald Trump‘s policies grew. “It’s not about proposals anymore … but what are they going to do,” said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management. “I think investors are at a pause trying to…
Adam Sarhan Reuters Quote: Investors brace for volatility as shutdown seems likely
By Ryan Vlastelica NEW YORK | Sun Sep 29, 2013 1:11pm EDT (Reuters) – As a last-minute deal to resolve tense spending negotiations in Washington appeared less and less likely, U.S. stock investors braced for an outcome that had previously seemed thinkable: a shutdown of the U.S. government. The House of Representatives early Sunday voted for an…
Adam Sarhan Reuters Quote: A mixed quarter for bets on U.S. stock volatility
BY RYAN VLASTELICA NEW YORK Tue Jul 29, 2014 10:39am EDT (Reuters) – With some of Wall Street’s more volatile names set to report in the next couple of days, traders who bet on big swings in shares are hoping to see moves more like Facebook than Netflix. Netflix, along with Gilead Sciences (GILD.O) and several other…
Adam Sarhan Reuters Quote: Copper climbs to one-month high after Fed minutes
By Chris Kelly NEW YORK (Reuters) – Copper prices in New York extended gains to new one-month highs in after hours trade on Wednesday after minutes of the most recent Federal Reserve policy meeting indicated the central bank was likely to further ease monetary policy “fairly soon” unless the economy improves. “Many members judged that…
