The Wall Street Journal: Trump picks economist Marvin Goodfriend for Fed board
President Donald Trump nominated Marvin Goodfriend, a former Federal Reserve economist and current Carnegie Mellon University professor, for a spot on the central bank’s board of governors on Wednesday.Source: http://www.marketwatch.com/news/story.asp?guid=%7B0B37D92E-D565-11E7-A503-BA5F07824489%7D&siteid=rss&rss=1
Money Brain: Why it’s now time to break from the stock market’s herd
Be most on alert when everyone else is complacent, writes Richard L. Peterson.Source: http://www.marketwatch.com/news/story.asp?guid=%7B1763DF90-CE6C-11E7-8598-9309C12B5A89%7D&siteid=rss&rss=1
The Wall Street Journal: Trump administration abandons its defense of SEC judges
The Trump administration on Wednesday abandoned its defense of the Securities and Exchange Commission’s in-house judicial system, siding with opponents who say the hiring process for the SEC’s judges is unconstitutional.Source: http://www.marketwatch.com/news/story.asp?guid=%7BA986D194-D55F-11E7-A503-BA5F07824489%7D&siteid=rss&rss=1
Mark Hulbert: The chance of a bitcoin crash is greater than 80%
Expect at least a 40% plunge in bitcoin’s price when the cryptocurrency crashes, writes Mark Hulbert.Source: http://www.marketwatch.com/news/story.asp?guid=%7B6D6CF0C8-D3AF-11E7-8E50-41CEEA71C61F%7D&siteid=rss&rss=1
Jeff Reeves's Strength in Numbers: Here are 5 dividend-rich stocks to weather the next market downturn
These companies are likely to see investors through thick and thin, writes Jeff Reeves.Source: http://www.marketwatch.com/news/story.asp?guid=%7B453984B6-D492-11E7-8E50-41CEEA71C61F%7D&siteid=rss&rss=1
FA Center: How to tell if stock-market timers are worth watching
Check an investment service’s performance through bull and bear markets, writes Mark Hulbert.Source: http://www.marketwatch.com/news/story.asp?guid=%7B3B3E3AFA-D493-11E7-8E50-41CEEA71C61F%7D&siteid=rss&rss=1
The Wall Street Journal: Senate votes to open debate on tax bill, as corporate rate still up in the air
The Senate voted Wednesday to open formal debate on the GOP tax bill, speeding toward a final vote as early as Thursday night, as Republicans considered whether to cut the corporate tax rate less than President Donald Trump has demanded.Source: http://www.marketwatch.com/news/story.asp?guid=%7B312286EE-D55A-11E7-A503-BA5F07824489%7D&siteid=rss&rss=1
The Wall Street Journal: Here’s why this African company is now among the world’s most valuable
Africa’s most-valuable company has become this year one of the world’s most-valuable companies, too.Source: http://www.marketwatch.com/news/story.asp?guid=%7B9B4E1320-D556-11E7-A503-BA5F07824489%7D&siteid=rss&rss=1
Personal Finance Daily: The incalculable cost of sexual harassment and one thing British princes and American men have in common
Wednesday’s top personal finance storiesSource: http://www.marketwatch.com/news/story.asp?guid=%7BA34FB5C5-AA43-4617-8F1A-8E0D821E2204%7D&siteid=rss&rss=1
Oops: Almost every American Airlines pilot will be on vacation during Christmas
The airline is offering pilots extra pay to take some shifts in the wake of a computer glitch.Source: http://www.marketwatch.com/news/story.asp?guid=%7BFBF9B542-D54E-11E7-90F5-8C65DADEF131%7D&siteid=rss&rss=1
Source: http://www.marketwatch.com/