The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
The Federal Reserve softens its tone and indicates that a rate hike is unlikely at its April meeting.
So how do you trade in this new, dovish world?
David O'Malley, CEO of Penn Mutual Asset Management, plans to greenlight a long-short 'dove' trade by increasing exposure to equities and higher risk fixed incomes, like CLOs and some high yield, while selling long maturity Treasuries.
"We remain bullish on interest rates," said O'Malley, "Especially the long end of the yield curve.
But don't expect smooth sailing near-term. O'Malley remains modestly bearish on stocks. "I expect equities to be down roughly five percent by year-end."
According to Todd Rosenbluth, with S&P Capital IQ Global Markets, another play in a dovish environment is to weight any portfolio with dividend paying ETFs diversified across various sectors, like the Vanguard Dividend Appreciation ETF
"The VIG has 10 years of dividend growth not on yield," added Rosenbluth. "It's also diversified into staples and economically sensitive sectors."
But according to Rosenbluth, not all dividend ETFs make sense, "For instance, you might want to rotate out of iShares Select Dividend ETF, given its high cyclical exposure with hefty weightings in financials, industrials and materials,
"It's a savvy bear trade" said Rosenbluth, "Especially if you think rates will rise in the second half of 2015, like we expect."