ECB Cuts Rates, Revives QE to Lift Growth as Draghi Era Ends

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The European Central Bank cut interest rates further below zero and revived bond purchases after President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating
— Read on ca.finance.yahoo.com/news/ecb-cuts-rates-restarts-qe-115224234.html

Here’s how much you need to be rich in these countries

Do you ever wonder how far your dollar would stretch if you lived somewhere else? In the following slides, you’ll see how wealth (calculated here by doubling the annual median income of each country) is measured across 20 countries worldwide, from Luxembourg to South Africa. You’ll also learn about differences in overall cost of living, like prices for dinner dates, theatre tickets and rent. Read on to see how much you need to make to be wealthy across the world (Currency conversions reflect the exchange rates at time of writing.).
— Read on www.msn.com/en-ca/money/topstories/heres-how-much-you-need-to-be-rich-in-these-countries/ss-AAH8Tad

JP Morgan’s market guru says his ‘once in a decade’ trade is upon us

J.P. Morgan’s chief quant says that the big rotation into value names should continue, and that stocks should move higher into October, and beyond.
— Read on www.cnbc.com/2019/09/11/jp-morgans-market-guru-say-his-once-in-a-decade-trade-is-upon-us.html

Facebook Sees Libra Tied to Dollar, Euro, Yen But Maybe Not Yuan

(Bloomberg) — Facebook Inc. told U.S. senators that the initial basket of currencies that will back its Libra cryptocurrency will likely include the U.S. dollar, euro, yen, British pound and Singapore dollar.The list responds to concerns from Virginia Democratic Senator Mark Warner that China may push
— Read on ca.finance.yahoo.com/news/facebook-sees-libra-tied-dollar-213339030.html