By SIMON CONSTABLE
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By SIMON CONSTABLE
Bad news for your wallet: Eye-watering pump prices for gasoline are likely here for a while.
Worse still, Tuesday’s announcement by the Biden administration to release oil from the strategic petroleum reserve (SPR) likely won’t have a prolonged effect on dampening pump prices, experts say. Read more here.
By SIMON CONSTABLE
Stocks could have more room to soar by year end.
Yes, the market has already had a good run since the October low, but there is a good chance of seeing a lot more, according to a recent report. Read more here.
By SIMON CONSTABLE
The specter of COVID-19 related lockdowns have reared their ugly head again in Europe. And they could send the continental economy into a tailspin, experts say. Read more here.
By SIMON CONSTABLE
"Still, the long-term case for Japan is encouraging, says Simon Constable in The Wall Street Journal. The market was once shunned for its poor corporate governance, but reforms have forced Japan’s boardrooms to take shareholder value seriously. Schroders reports that the market’s average return on equity, a key gauge of profitability, has risen from 5% in 2013 to 6%-7% in 2019. That should spark more interest from global investors once the Olympics omnishambles has been sorted out."
Read full MoneyWeek story here.
By SIMON CONSTABLE
Investors have long had a single focus: a searing eye on the bottom-line profit or loss in pounds and pence. Now, experts say change is needed in the financial sector if the world is to successfully tackle climate goals, experts told attendees at COP26. Read more here.