A UK pensions trade group on Tuesday called on the Bank of England to continue its emergency bond-buying operations to manage volatility in the debt market. The Pensions and Lifetime Savings Association urged the BoE to keep bond-buying going until at least October 31. The central bank began its bond-market intervention last month as fears… Continue reading The Bank of England should extend its emergency bond-buying to manage the volatility that’s rocked the country’s debt market, UK pensions group says
The market is flashing signs that a new bottom is forming and stocks could be poised for a fresh rally, Oppenheimer head technical analyst says
Markets are showing signs that stocks are nearing a bottom, Oppenheimer’s Ari Wald said. Wald pointed to resilience in small cap stocks amid a sell-off in the S&P 500. The technical signal is the opposite of what would flash at a market top and means a new rally could be near. Loading Something is loading.… Continue reading The market is flashing signs that a new bottom is forming and stocks could be poised for a fresh rally, Oppenheimer head technical analyst says
Stock market inflows hit near-records last week suggesting that investors think the bottom is in, Bank of America says
Investors are acting like they think the bottom is in for stocks, Bank of America said in a Tuesday note.The bank based its analysis on near-record flows into equities during last week’s choppy trading.BofA clients poured $6.1 billion into US stocks last week, representing the third largest inflow since 2008. Loading Something is loading. Thanks… Continue reading Stock market inflows hit near-records last week suggesting that investors think the bottom is in, Bank of America says
The dollar’s huge strength means investors should prepare for fewer earnings beats from S&P 500 companies, Goldman Sachs says
S&P 500 firms may beat quarterly earnings expectations at a lower pace than the first half of the year, Goldman Sachs says. That’s because a soaring dollar could eat into overseas profitability. Many companies “will undoubtedly emphasize their performance on a ‘constant currency’ basis,” said Goldman’s US equity strategists. Loading Something is loading. Thanks for… Continue reading The dollar’s huge strength means investors should prepare for fewer earnings beats from S&P 500 companies, Goldman Sachs says
Uber, Lyft Whacked Over New Gig Worker Labor Proposals
A new proposal announced by the Department of Labor (DOL) Tuesday attempts to clarify rules on classifying workers as independent contractors or employees. But the measure is being seen as a serious threat to gig-industry companies such as Uber, Lyft and DoorDash. According to the DOL, many workers have been the victims of misclassification, meaning… Continue reading Uber, Lyft Whacked Over New Gig Worker Labor Proposals
Encouraging signs for investors lie ahead despite all the doom and gloom
Martin Pelletier: The probabilities point to a win for those betting on the house rather than persistently against it Traders work on the trading floor at the New York Stock Exchange. Photo by Andrew Kelly/Reuters files I try to do a grateful meditation session every night, which was especially fitting this past Thanksgiving weekend, but… Continue reading Encouraging signs for investors lie ahead despite all the doom and gloom
Stock Market Today: Stocks Fall for Fourth Consecutive Session
Stocks closed lower Monday in a choppy session noticeably light on volume. A lack of economic news – and the fact that the bond market was closed in observance of Columbus Day and Indigenous Peoples Day – helped make for a quiet day of trading. Still, heightened anxiety over central bank tightening (opens in new… Continue reading Stock Market Today: Stocks Fall for Fourth Consecutive Session
Edianyun Settled in Beijing SME Public Service Platform
, /PRNewswire/ — Recently, the Beijing SME Public Service Platform announced the lists of service providers and 2022 SME service voucher products. Office IT integrated solution provider Edianyun has the honor of being included in the lists. The company has updated the prospectus for the HKEX listing application. Edianyun focuses on providing one-stop office IT… Continue reading Edianyun Settled in Beijing SME Public Service Platform
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