In today's Investment Strategy by Raymond James Chief Investment Strategist, Jeffrey Saut recalls the legendary Jesse Livermore. Livermore was a boy wonder trader at the start of the 20th century who went on to make and lose more than one fortune. Take a moment to visit these investment rules from the past and learn how they continue to make sense today. Read Jeff Saut's always interesting comments here.
The position is "vice chair of the Board of Governors of the Federal Reserve system for supervision" is currently open and is arguably the most powerful seat at the Fed. As the article states, "Decisions made by the vice chair for supervision will directly or indirectly affect personal loans, checking accounts, credit, savings, investment, real estate development, home buying, innovation, equipment purchases, business start-ups and the ability of the "unbanked" to access needed banking services. Read more about this here.
Mark Grant, Hilltop Securities chief strategist, discusses stock market outlook and bond rates under Trump's Federal Reserve. See the CNBC interview here.
