Text size If you only looked at the headline indexes on Thursday, you would think that the market had done a good job of hanging in there, especially after a disappointing report on unemployment claims. However, a look at the actual stocks that make up the indices tells a very …
Read More »Invest in tech indexes, but hedge your bets with fine wind and stamps, says this strategist
“Fine wine and stamps, as well as art and other collectibles, because investors have the correlation for tech business stocks and other asset classes and as such can serve as an effective hedge,” said Paul Cuatrecasas, CEO of Aquaa Partners. REUTERS / Regis Duvignau / Triemfoto regis duvignau / Reuters …
Read More »Gold prices are higher to stop disk, but mark first back-to-back weekly fall since March
Gold futures took a small gain on Friday to stop a third consecutive slide, but the advance of the precious metal for the day was not enough to prevent the first back-to-back weekly declines since the COVID-19 pandemic began in March . Experts say a resurgence in US dollar investors …
Read More »Here’s the reason why stock prices are not sustainable, according to this fund manager
In a week in which the S&P 500 sets a record in the midst of a pandemic, it’s fair to consider at least the bottom 495 parts. Michael Batnick, director of research at Ritholtz Wealth Management, points out 94% of the S&P 500 SPX, + 0.31% components trade below their …
Read More »Asian markets follow Wall Street higher thanks to fax hopes
TOKYO – Asian equities were higher on Friday over hopes of developing a vaccine for coronavirus, although concerns remained about long-term economic damage from the pandemic. The rise in regional benchmarks echoes the gains on Wall Street, which were led by large technology companies benefiting from people staying home during …
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