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. …
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Here’s what you need to know if your shares are divided into two (or three, or four, or five). A stock split does exactly what it is sounds like: One stock is divided into multiple stocks, without changing the total value of the holdings of investors. They are simply divided …
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Editor’s note: Keep up to date with our quick summary of today’s must-read news stories and expert advice moving the precious metals and financial markets. Sign up here! (Kitco News) The euphoric summer rally came to an abrupt end on Tuesday as gold saw its steepest one-day high since 2013. …
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The crash follows a 2.2% contract in the first quarter, which means the economy is officially in recession. The country’s finance minister, Rishi Sunak, said the figures “confirm that hard times are here.” “Hundreds of thousands of people have already lost their jobs, and unfortunately there will be many more …
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Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
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