Mark Twain once said, “History does not repeat itself, but often rhymes.” Ed Yardeni, chief investment strategist at Yardeni Research, applies those words to what, for most observers, should feel like a unique climate for playing the market these days. But that is not necessarily the case, according to Yardeni. …
Read More »A small subset of Vanguard investors moved completely into cash when the market tumbled. Here’s how they did it
The thought must have plagued many investors in the pandemic. Why not just get out of the markets and switch into cash? Fund management giant Vanguard Group looked at the investors who did just that, in a recently published study. Now, the Vanguard audience is not exactly that of Robinhood …
Read More »Equity index futures loss loss if unemployed claims fall below 1 million
Futures for the stock index turned positive Thursday as claims for unemployment benefits fell much faster than expected for the first time, but gains remained suppressed as investors checked a stalemate between Congress Democrats and the White House over a package of coronavirus. What do key benchmarks do? Futures on …
Read More »The dollar has weakened. Here’s the reason why this is actually undermining its role as the world’s reserve currency
It does not make much sense for the dollar to be used as widely as it is. Sure, the U.S. economy is the largest in the world, but the dollar is on one side of 88% of all currency trades, despite the US accounting for about a quarter of global …
Read More »The dollar has weakened. Here’s the reason why this is actually undermining its role as the world’s reserve currency
It does not make much sense for the dollar to be used as widely as it is. Sure, the U.S. economy is the largest in the world, but the dollar is on one side of 88% of all currency trades, despite the US accounting for about a quarter of global …
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