By SIMON CONSTABLE
Reports of the death of cities are much exaggerated.
Yes, it is true that New York City and other major metropolitan areas have seen some problems lately, but overall it may be more of a media circus than reality, according to a recent research report from UK-based bank Barclays. Read more here.
By SIMON CONSTABLE
A sweeping victory by the Democrats in early November would be positive news for the stock market, according to a recent report from New York-based bank Goldman Sachs. Read more here.
By SIMON CONSTABLE
For many people, 2020 is synonymous with the COVID-19 pandemic, a brutal election campaign in the United States, and ongoing tension between the US and China. But there’s one major event that seems to have slipped from the radar: Brexit, Britain’s historic exit from the European Union. Read more here.
By SIMON CONSTABLE
Coastal residents from Florida to New York can start to rest a little bit easier from fears of being battered by tropical storms. But for investors, that’s just when things can tend to get a bit rougher in the stock market.
Stocks have historically seen tumultuous times during October, and that’s something no savvy investor should ignore. “October is a scary month,” says Sam Stovall, chief investment strategist at the financial research company CFRA. Read more here.
By SIMON CONSTABLE
“[W]e think this decline will represent an opportunity to buy rather than a reason to bail,” states a recent report from Sam Stovall, chief market strategist at New York-based financial research firm CFRA. Read more here.
By SIMON CONSTABLE
At the end of last month, Federal Reserve chairman Jerome Powell announced a shift in one of its decades-long policy goals. It’s a move that should worry investors and workers alike. Here’s what happened and why it’s a problem:
At the Fed’s annual Jackson Hole symposium, Powell said that instead of targeting an annualized inflation rate of 2%, the institution would allow the rise in the cost of living to go above that rate for long periods. The idea, Powell explained, was to take account of long periods when inflation had remained stubbornly below its target.
Read more here.
By SIMON CONSTABLE
Stock-market sectors generally don’t move in strict synchronization. Some will lead as others lag behind, and a key question for investors is which sector is poised to move up fastest next. Read more here.