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| As January goes, so goes the year ... the old axiom has proved correct three quarters of the time over the years. So the rough new year start for stocks may be a bad omen indeed. (CNBC) | ||
| Run a tighter ship! That’s the message from the Labor Department’s watchdog regarding the embargoed release processof market-moving data to the media. The panel is concerned that high-speed traders may be getting an unfair advantage.(Reuters) | ||
Activist investor Dan Loeb beat many of his rivals in 2013, as his flagship fund kept pace with the skyrocketing stock market,returning 25.2 percent for the year. (Reuters)
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No such luck for the Pimco Total Return Fund run by bond king Bill Gross. It lost nearly 2 percent in 2013. (Reuters)
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| Billionaire investor George Soros has sounded a warning on China, saying the direction of the world's second largest economy is a major source of uncertainty. (CNBC) | ||
| Following this week's fiery train crash in North Dakota, federal regulators issued a safety alert that Bakken oil may be more flammable than traditional heavy crude. (CNBC) | ||
| Expect tough travel conditions in the Northeast today, because of the winter storm that's dumped snow across the region. Thenget ready for the bitter cold. (Weather.com) |
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Friday, January 3, 2014
Belvedere and Shacknow - CNBC Morning Squawk, January 3, 2014
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