JPMorgan Chase (JPM), Bank of America and Citigroup (C) everyone is expected to reveal its Second quarter earnings fell 50% or more. Wells Fargo (WFC) you are likely to cut your coveted dividend and announce the first quarterly loss to the bank scandal since the financial crisis. “2020 has been …
Read More »This is what the rest of the year can expect for the stock market, according to analysts who correctly responded to the pandemic.
There is a lot of uncertainty in the financial markets right now, and a lot of hesitation, which can sometimes seem the same. Many analysts believe that markets will bounce back and forth for some time, fueled by headlines, not fundamentals, until some major issues are resolved: the US presidential …
Read More »Will China’s epic 5.7% stock market collapse collapse on itself like 2015?
The fiercest surge in China’s stock market in years has left investors wondering whether the bull run for equities may last or fade away in disappointment. The sudden surge in China’s markets came as a result of several articles in the state media announcing the arrival of a new bull …
Read More »Apple, Microsoft, Amazon, Google reach the $ 1T mark again
The biggest tech names on the market seem almost unstoppable these days. Monday alphabet (GOOGL) – Get reportMicrosoft (MSFT) – Get report, Apple (AAPL) – Get report and Amazon (AMZN) – Get report each floated above the $ 1 trillion valuation mark for the first time since the COVID-19 pandemic, …
Read More »The stock market is poised for a 40% drop, warns the economist who says the current climate looks a lot like 1929
“ “I think we have a second tranche and that is very reminiscent of what happened in the 1930s, where people appreciate the depth of this recession and the disruption and how long it will take to recover.” “ That’s A. Gary Shilling, a longtime economist and president of A. …
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