Big Institutions Must Consider Basel III in Assessing Strength This Year, Fed Says The largest U.S. banks will have to start incorporating newly minted capital rules into their annual “stress tests” this year even though the requirements have yet…
Home Sales Hit Highest Level Since 2007
Sales of previously owned homes rose unexpectedly in August to the highest level since 2007 as potential buyers rushed to lock in deals before mortgage rates increased further. But the industry’s trade group warned that home sales could slow in…
Markets’ Nervousness Over Tapering Ebbs
Some investors are betting stock and bond prices will continue their smooth sailing even as the Federal Reserve prepares to potentially trim its monetary stimulus. Investors widely expect the Fed to say Wednesday it will reduce its $85-billion-a-month bond-buying program…
Welcome!
Welcome to Lafayette College Investment Club! The Lafayette Investment Club is a unique club for the fact that it is entirely student-run and actively manages a real money portfolio worth around $400,000. With investing experience ranging from “no experience, but…