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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