Jeff Cox, CNBC.com’s Posts

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Here’s where a $40 billion trade deficit comes in handy. Because the U.S. has such a sharp imbalance between what it imports and exports, expected global weakness ahead likely won’t have a severe effect on domestic economic growth, according to a report this week from Goldman Sachs economists. In fact, Goldman held firm to its …

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New York Federal Reserve President William Dudley

The mood may have been polite and diplomatic, but the message was not. At an otherwise docile gathering Monday, New York Fed President William Dudley and Fed Gov. Daniel Tarullo delivered a message to high-ranking Wall Street executives that bad behavior won’t be tolerated. Dudley in particular said big financial institutions operate under a cloud …

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Income inequality in the United States is near its highest levels of the past 100 years, Fed Chair Janet Yellen said on Friday. Yellen, in remarks prepared for a speech Friday morning, said she was concerned about both the growing burden of student debt and the decline in new business formation, which she said could …

Adam Jeffery | CNBC
A trader works on the floor of the New York Stock Exchange as the Alibaba Group IPO goes public.

Call it coincidence if you will, but the biggest initial public offering of all time also happened to hit Wall Street the same day the stock market peaked. Almost at the exact moment, actually: Just eight minutes after Alibaba‘s much-ballyhooed Sept. 19 IPO—which soared at the start but fizzled soon after—hit the market, the S&P …

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The high-profile departure of Bill Gross has cost Pimco another customer. As the fallout continues since Gross left the Newport Beach, California-based asset manager last month, the Arkansas Teacher Retirement System said it has cut ties, according to a report in Pensions & Investments. Pimco had managed about $475 million for the fund as part …

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Trader on the floor of the New York Stock Exchange.

Technical strategist Abigail Doolittle is holding tight to her prediction of market doom ahead, asserting that a recent move in Wall Street’s fear gauge is signaling the way. Doolittle, founder of Peak Theories Research, has made headlines lately suggesting a market correction worse than anyone thinks is ahead. The long-term possibility, she has said, is …

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Trader on the floor of the New York Stock Exchange.

Investors held their breath Friday for another wild day on Wall Street, in a whipsaw week that has seen some of the biggest gains—and losses—for stocks all year. Whether it’s anticipation of interest rate movement, headwinds posed by global macroeconomic factors or the impending earnings season, there’s been something for everyone, bulls and bears alike. …

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Bill Gross

In his first on-the-record comments since joining Janus Capital, Bill Gross said global economic growth is declining, causing central banks to take an aggressive stance unlikely to change soon. That’s problematic in some sense, though: Measures from institutions like the Federal Reserve and others are causing distortions in financial markets that need to be corrected. “A …

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A transmission for a Chrysler Ram 1500 truck goes through the assembly line at the Warren Truck Assembly Plant in Warren, Michigan, September 25, 2014.

Job growth bounced back in September after a disappointing August, with the U.S. economy creating 248,000 fresh positions. The Bureau of Labor Statistics also reported that the unemployment rate fell to 5.9 percent as the labor force participation rate fell to 62.7 percent, its lowest level since February 1978. Taken together, though, the numbers renewed …

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Janet Yellen

The Federal Reserve may go from moving the goal posts to removing them altogether when it comes to setting interest rate expectations. Those goal posts have come in the form of economic numbers—more specifically, 6 percent unemployment and 2 percent inflation—that, if hit, would trigger interest rate increases. But many central bank watchers agree that …

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Bill Gross

In a move that stunned Wall Street, bond guru Bill Gross is joining Janus Capital Group, effective Sept. 29, the company announced Friday. Gross is leaving as chief investment officer of Pimco, the company he founded, after a remarkable 43-year tenure. Gross was about to be fired from the Newport Beach, California-based firm, due to what was termed …

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Federal Reserve Board Chair, Janet Yellen.

In another month, investors won’t have Federal Reserve money stimulus to juice up the market. In return, they do have one thing they might rather not see: An exit door. Even if the U.S. central bank didn’t exactly start flashing the lights to indicate that the easy-money party is over, it at the very least …

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Jack Ma, founder of Alibaba Group Holding Ltd.

There are any number of reasons to find Alibaba alluring: a global footprint, scads of cash and ownership that has its eyes focused firmly on future growth. That doesn’t mean, though, that the glittery initial public offering, which prices Thursday evening, is all gold. Indeed, there are at least three potential drawbacks investors should consider …

Jin Lee | Bloomberg | Getty Images
A trader works on the floor of the NYSE as Fed Chair Janet Yellen speaks on television during a June news conference.

The Federal Reserve remained on its easy-money course Wednesday, allaying market fears that it might start raising interest rates sooner than expected. In a statement released following its two-day meeting, the U.S. central bank left largely intact key provisions, despite expectations in some quarters that it would indicate a tightening bias. The Fed’s Open Market …

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Jack Ma, founder of Alibaba Group

Alibaba’s blockbuster debut as a publicly traded stock has been everywhere leading up to Thursday’s rollout. One place it won’t be, though, is in a lot of investor portfolios. That’s because the e-commerce giant won’t be included in the biggest exchange-traded funds that normally would list a company like Alibaba. Because it is incorporated in the …