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Economy, Stocks

“The global economy is ‘bottoming out,’ and that’s good news for stocks, says Deutsche Bank”

““There are signs that the global economy is bottoming out. We now expect an improvement in global growth next year,” write Henry Allen, Quinn Brody and Jim Reid, in a new report… They expect global growth of 3.1% this year… Continue Reading…

Banking, Economy

“Morgan Stanley Sees a Global Economic Recovery in Early 2020”

“A combination of easing trade tensions and easier monetary policy will lift global growth from the first quarter of 2020, according to economists at Morgan Stanley… “A 1Q20 recovery is on the cards,” the U.S. bank’s economists led by Chetan Ahya wrote in… Continue Reading…

Economy

“Worst May Be Over for Global Economy Amid Signs of Stabilization”

“A wave of interest-rate cuts by central banks including the Federal Reserve and mounting hopes of a U.S.-China trade deal are buoying confidence in financial markets just as key economic indicators show signs of stabilization after recent declines. …the relative… Continue Reading…

Economy

“China’s Growth Slows To 30-Year Low, What Does It Mean For The Global Economy?”

“China’s economic growth slowed to 6% in the third quarter, the lowest in thirty years and “below” analysts’ expectations of 6.1%. But, quite frankly, if anyone is seriously disappointed by the 6% figure because they had been expecting 6.1%, they… Continue Reading…

Stocks

“Actinium Pharmaceuticals to Present at the Sachs 19th Annual Biotech in Europe Forum for Global Partnering & Investment”

“Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) (“Actinium”) today announced that it will present at the Sachs 19th Annual Biotech in Europe Forum for Global Partnering & Investment. The forum is being held at the Congress Center Basel in Basel, Switzerland on September 25-26, 2019.… Continue Reading…

Cryptocurrencies, Economy, Investing

“Cubans Are Turning to Bitcoin to Access Global Economy: Report”

“Bitcoin (BTC) trading is opening new avenues for citizens in Communist-run Cuba, which has been financially isolated for years under a United States trade embargo. A Sept. 12 report from U.S. News claims that with the recent advent of mobile internet in the… Continue Reading…

Banking, Economy, Stocks

“Stocks will ‘rally into the end of the year’ after upside earnings surprise, says J.P. Morgan’s Matejka”

““We were looking for a correction in August, but we believe the market will rally into the end of the year,” Matejka said in an interview. “The key call is that the U.S. is not headed for a recession. The… Continue Reading…

Banking, Economy

“FED CUTS RATE BY A QUARTER POINT, CITES ‘GLOBAL DEVELOPMENTS,’ ‘MUTED INFLATION’”

“The Federal Reserve lowered its benchmark rate by a quarter point Wednesday as an insurance policy not against what’s wrong with the economy now, but what could go wrong in the future. It was the first rate cut by the… Continue Reading…

Business, Economy, Investing, Stocks

“Global Markets Drop Over Worries About U.S. and European Economies”

“Global markets largely took a tumble on Monday, with worries about a possible U.S. recession. Japan’s Nikkei 225 index was was down 3%. The Shanghai composite was off almost 2%, as was Hong Kong’s Hang Seng, with the Shenzhen composite… Continue Reading…

Economy

2021: “This Is When 75% of Economists Expect the Next Recession to Happen”

“More than three-quarters of business economists expect the U.S. to enter a recession by the end of 2021, though a majority still estimate the Federal Reserve will continue raising interest rates this year. Ten percent saw a recession beginning this… Continue Reading…