January 20, 2020
“…“Investors are more open to risk taking at this point,” said Mike Loewengart, vice president of investment strategy at E-Trade. “If the environment is encouraging and conducive to additional gains, they want to be part of it.” Twenty-nine percent of… Continue Reading…
January 18, 2020
“Tepper’s bull thesis appears to be the equivalent of the oft-used Wall Street investing mantra: Don’t fight the tape. He tells CNBC that “at some point, the market will get to a level that I will slow down that horse and… Continue Reading…
January 18, 2020
“The S&P 500 was up nearly 2% for the week. The Dow rose 1.8%, and the Nasdaq climbed 2.3% on a weekly basis. Here’s where the markets settled at the end of regular equity trading: S&P 500 (^GSPC): +0.39% or… Continue Reading…
January 15, 2020
“Americans in every U.S. metropolitan area experienced economic prosperity in 2018, according to a recent report from the Bureau of Economic Analysis. For the first time in 26 years, no metro area saw per-capita incomes fall that year — the… Continue Reading…
January 15, 2020
“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…
January 14, 2020
“The Chinese yuan strengthened Tuesday to its highest level in more than five months as the United States removed China from its currency manipulator list. The US Treasury Department on Monday stripped away its designation of China as a currency manipulator, days… Continue Reading…
January 14, 2020
“Over the last year, gold prices are up nearly 20%. The yellow metal is on pace for its best year since 2010. In a note to clients published over the weekend, analysts at Goldman Sachs outlined why the strategic case for… Continue Reading…
January 13, 2020
“Shares of Mastercard (NYSE:MA) gained 58.3% last year, according to data provided by S&P Global Market Intelligence. That compares to a return of 28.9% for the S&P 500 index. The payment processor continued to post stellar growth rates on the top and bottom line. Investors see… Continue Reading…
January 13, 2020
“Overcrowding and pollution will become less urgent, thanks to plateauing populations and paradigm-changing green technologies—electric cars and renewable power. Energy and other commodity prices will stay manageable and capital super abundant, not in constrained supplies as was the constant worry in the closing decades of the… Continue Reading…
January 10, 2020
“Boeing stock traded as much as 3% higher on Thursday after reports that an Iranian missile most likely downed Ukraine International Airlines Flight 752 early Wednesday, challenging the theory that a technical issue caused the crash…” https://markets.businessinsider.com/news/stocks/boeing-stock-price-reports-missile-tech-error-plane-crash-iran-2020-1-1028807374
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