A string of economic indicators on Monday showed investors becoming more confident about the ongoing economic recovery, ignoring fears that new spikes from the coronavirus pandemic across the continent could demand a return to shares as total lockdowns. – The sentiment of investors, calculated by the German Sentix group, rose …
Read More »European equities stand after Trump unilaterally expands unemployment benefits
US President Donald Trump signs executive orders to boost economic relief from coronavirus, during a news conference in Bedminster, New Jersey, on August 8, 2020. jim watson / Agence France-Presse / Getty Images European stocks rose on Monday, fueled by a move by US President Donald Trump to extend unilateral …
Read More »Gold, Apple and the Stock Market are rising. Negative real rates may be why.
Text size Michael M. Santiago / Getty Images The Nasdaq Composite hit 11,000 this past week – and all anyone wants to talk about is negative real rates. You see, it’s not good enough for the Nasdaq to win 2.5% for the week – and in the process break a …
Read More »Hot rookies and not-so-hot pot companies are jumping on the slow income parade
Corporate profits have so far surpassed low expectations so far this winning season, but there are still a lot of wild cards left in the deck. Consensus S&P 500 SPX, + 0.06% income taxes rose only 3% for the third quarter and are not budgeted at all in the fourth …
Read More »Why global investors can not ignore Turkey’s latest counterfeiters
Investors outside Turkey should pay attention to the recent rise in its currency to a very low against the US dollar, as the country burns through its foreign exchange reserves, analysts said. One US dollar raised as much as 7.37 lira USDTRY, -0.00% earlier Friday, according to FactSet, a record …
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