Baccardax, a former bond salesman who spent 8 years on the trading floor in Toronto and London, has worked in and around the global financial markets for more than 25 years, covering companies from birth in the bond markets to death in the bankruptcy courts -- and all points in between.
Following television stints with CNBC Europe in London, where he served as on-air Economics editor co-anchor of the Closing Bell program, Baccardax was named London Bureau Chief in October 2016.
Recent Articles By The Author
US Stocks Set For Record Highs as Fed Rate Signal Boosts Global Markets
U.S. equity futures extended gains Thursday, pulling stock benchmarks higher all over the world, as investors reacted to signals of lower interest rates from the U.S. Federal Reserve and the prospect of a breakthrough in U.S.-China trade talks.
Dovish Fed Pivot Pushes Bond Yields Lower, Gold at 5-Year High as Dollar Slumps
The Federal Reserve's dovish turn on interest rates, alongside Chairman Jerome Powell's somber assessment of the global economy, has investors betting in rare unanimity on near-term cuts as central banks around the world react to the new reality of slowing growth and weakening currencies.
Adobe Tops Q2 Earnings Forecasts as Cloud Focus Drives Digital Media Sales
Adobe Systems shares traded higher Wednesday after the cloud computing and software group posted stronger-than-expected second quarter earnings and boosted its near-term profit outlook following a partnership agreement with Microsoft.
Southwest Tweaks Q2 Profit Outlook, Says Removing 737 MAX Jets Until September
Southwest Airlines shares edged higher Wednesday after the carrier boosted the lower end of its second-quarter profit forecast but noted that all 34 of its Boeing 737 MAX jets will remain grounded until at least September.
Apple Asks iPhone Assemblers to Study Shifting Production Out of China - Report
Apple is asking key iPhone assemblers to study moving some of their production facilities out of China, according to a Wednesday report from the Nikkei Asian Review, regardless of whether Washington and Beijing reach a trade pact in the coming months.