By SIMON CONSTABLE
It's time to invest in European stocks.
A sophisticated analysis of the relationship between movements in the currency markets and the subsequent stock market performance shows that Sweden and the eurozone (Europe's single currency area) should outperform those in the U.S. and other major markets over the coming year. Read more here.
By SIMON CONSTABLE
Apart from hopes that U.S. and China will reach a trade agreement, investor appetite for commodities is also boosted by signs of rising inflation—an environment in which commodities typically outperform other assets, The Street’s Simon Constable writes.
Read the full OilPrice.com story here.
“They are snapping up the metal at the fastest rate in almost half a century in a trend that looks set to continue. Over the 12 months through March 31, they purchased a whopping 715.7 metric tons of gold bullion worth around $29.4 billion, according to a recently published report from the industry group World Gold Council.” – Simon Constable, The Street.
See full GoldSeek post here.
By SIMON CONSTABLE
"By most economic measures, Britain's economy is performing far better than comparable economies across the channel in mainland Europe," Simon Constable of the Johns Hopkins Institute for Applied Economics wrote. "As they say on Wall Street, gridlock in government is good because it means our politicians don't do anything bad."
Read the full Sputnik story here.
By SIMON CONSTABLE
The American worker has a long history of being innovative and resourceful. But ask them to take a true vacation—a real break from the office—and a remarkable number continue to struggle.
On the eve of the Memorial Day weekend that launches the country’s traditional summer break, a new Korn Ferry survey suggests that while 19 out of 20 US residents are planning to take a vacation lasting at least one week long this year, the majority (71%) still check in with the office one or more times each day. And that’s just part of the sad trend: two out of three respondents said they’ve cut short a break or canceled one for work reasons. Read more here.
By SIMON CONSTABLE
The world faces a global energy crisis unless something changes fast.
Supplies of energy, such as oil and natural gas, look set to fall short of even a modest forecast of rising global demand. Read more here.
By SIMON CONSTABLE
British leaders may be divided over Brexit and which team to root for in the all-English Champions League Final, but they do seem to agree on one issue: employers should pay their workers more.
In the first quarter of the year, wages in the United Kingdom rose 3.5% versus the same period a year ago, according to data from the UK’s Office of National Statistics. It’s the best increase Britain’s workers have had since the financial crisis more than a decade ago and helps reverse a period when the real, or inflation-adjusted, rates of pay declined. Read more here.
