Overnight Markets And News Dec E-mini S&Ps (ESZ18 -0.26%) this morning are down -0.20% and European stocks are down -0.93% at a 1-week low on ramped-up Italian political concerns. EUR/USD (^EURUSD -0.42%) slumped to a 1-month low and the yield on Italy’s 10-year government bond surged to a 4-1/2 year high of 3.4% after Claudio Borghi, head…

Shares of Amazon.com (AMZN) are in focus on Tuesday after the company announced plans to raise the minimum wage for all U.S. employees, effective November 1. The higher pay comes amid a wave of criticism from politicians, including Senator Bernie Sanders, about its treatment of warehouse workers. $15 MINIMUM WAGE: Earlier this morning, Amazon announced a…

The expected risk premium for the Global Market Index (GMI) was unchanged in September, holding steady at an annualized 5.0% — matching the estimate in the previous month. The performance forecast for GMI (an unmanaged market-value-weighted portfolio that holds all the major asset classes) reflects premium over the projection for the “risk-free” rate for the long run. Adjusting…

It’s all about data. The decentralized web is underway – or so we would like to believe Sir Tim Berners-Lee as he sets forth on his new adventure Solid as he builds a new open-source platform that aims to let users take control of their data. He gets serious as he takes a sabbatical from MIT for Solid. This…

Previous: On Monday the 1st of October, trading on the euro closed down. The rate rose to 1.1625 during the European session before dropping to 1.1564 in the US. I found the market’s behaviour confusing yesterday given that the euro dropped against the dollar on the back of positive news concerning Brexit, a rise in oil…