July 12, 2021
“Warren Buffett stocks are famous for their tight focus. And this year the famed investor’s highly concentrated play on a few top S&P 500 stocks is paying off. Just three top U.S.-listed stocks in Berkshire Hathaway‘s (BRKB) portfolio, information technology giant Apple (AAPL) plus financials Bank of… Continue Reading…
June 21, 2021
“Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into 2022. Analysts led by Francisco Blanch… Continue Reading…
June 16, 2021
“EDITOR NOTE: A dire economic warning for America has been issued by Deutsche Bank, one of the few major financial institutions that have stood apart from mainstream opinion concerning inflation. With current inflationary levels already a burden to most Americans,… Continue Reading…
June 14, 2021
“Transaction volumes on customers’ credit and debit cards and over the Zelle payment network has grown by 20% so far this year compared to this point in 2019, Moynihan told CNBC’s Becky Quick Monday on CNBC’s “Squawk Box.” The comparison… Continue Reading…
May 24, 2021
“The Bank of England will fail to pay a dividend to the Treasury this year for the first time in living memory after struggling to break even, posing a risk to its independence. Minutes of the February meeting of the… Continue Reading…
April 15, 2021
“U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market. The Dow Jones Industrial Average rose 260 points to hit an… Continue Reading…
March 24, 2021
“EDITOR NOTE: Goldman Sachs, JP Morgan, and Citigroup–three of America’s largest banks–have significantly increased their stake in China, as the top five US banks, adding Morgan Stanley and Bank of American to the list, hold a whopping $77.8 billion exposure… Continue Reading…
February 22, 2021
“Airline stocks rally, led by American Airlines, after Deutsche Bank’s sector-wide upgrade to buy” “Among the biggest premarket gainers, shares of American Airlines shot up 5.8%, JetBlue Airways Corp. rallied 2.1%, Delta Air Lines Inc. rose 1.6%, Southwest Airlines Co.… Continue Reading…
January 19, 2021
“Prices already reflect a wallop of government spending and central-bank aid that can’t get much larger from here, Bank of America warns. Other market watchers are downbeat as well… At the same time, investors are now holding far less cash than they were just… Continue Reading…
December 21, 2020
“Shares of the biggest U.S. banks rallied after the Federal Reserve said it would let stock buybacks resume as soon as next month, with as much as $11 billion headed to shareholders. Goldman Sachs Group Inc. rose 6.1% at 9:47… Continue Reading…
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