The journey from here could get much more bumpy after the Dow recorded its worst one-day loss since June 11 on Friday, lowering the blue chip index to its lowest point since May 26 and at least momentarily leaving I encourage equity investors. who may be gradually losing their bullish …
Read More »A broken uptrend in key government bond yield could bode badly for stocks
Too much for V-shaped recovery. The yield on the 10-year Treasury bond TMUBMUSD10Y, 0.647% it just broke below an ascending trend line, suggesting that the uptrend of the COVID-19 low in early March has ended. That upward trend in rates was significant for both Main Street and Wall Street. It …
Read More »Gap hopes he can polish his image with a new clothing line Kanye West, echoing the rapper’s brand success with Adidas.
UBS analysts saw what Kanye West did for Adidas AG and thought that the controversial rapper and fashion designer could do the same for sick Gap Inc. Gap announced on Friday that it has partnered with Kanye for the Yeezy Gap collection that will include items for men, women and …
Read More »Microsoft will close its physical stores and collect $ 450 million
Microsoft Corp. MSFT, -2.00% He said Friday that he will close all of his physical stores, as part of the new focus of the software retailer and cloud giant. The company expects to record a charge of $ 450 million, or 5 cents per share, during the current fourth fiscal …
Read More »‘Maskne’, yes, masked acne, now it’s one thing
A frustrating side effect of mandatory wearing of face masks during the coronavirus outbreak is that it is causing many people to explode. And that generated the term “mask” – or “mask” plus “acne”, referring to blemishes that result from the use of a face covering. Acne was already the …
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