Category: News
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As Covid Enters Its Next Phase, These Are The Stocks To Keep An Eye On.
The first drug to treat Covid-19 is on the way, and vaccine manufacturers are distributing booster shots to wealthier nations. The next stage of the pandemic will make stock picking more difficult for investors. The success of Merck & Co.‘s oral antiviral medication in a clinical study has reversed the stock market’s dynamic, impacting on…
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Stocks In Europe Have Had Their Finest Week In Two Months
As investors digested statistics showing slower job growth in the United States, European Stocks closed a tumultuous day lower on Friday, but they still had their best week in two months as fears of increasing inflation were eased. According to a data released by the US Labor Department, non farm payrolls expanded by 194,000 jobs…
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BlackRock Provides Shareholder Democracy To Limited Investors!
BlackRock (BLK.N) is attempting to implement true shareholder democracy but only for a select few. On Thursday, the world’s largest fund manager announced that it will offer some of its most important clients more power over how the stocks backing their index-fund assets are voted at company meetings. Given Larry Fink’s strong stance on topics…
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Mike Wilson Of Morgan Stanley Cautions Of New Stock-Market Distress!
Morgan Stanley’s Mike Wilson alerted just over two weeks ago that a 20% drop in US stocks was a realistic prospect. Since then, the S&P 500 has remained near all-time highs despite bouts of volatility. Skeptics like Wilson can now find a more sympathetic audience as the bond selloff accelerates and stocks drop in Wednesday…
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The FTSE 100 is in a dreadful situation?
This is clearly a very bad time for the FTSE100 index as it closed at 6,997 after 10 consecutive trading sessions above the 7,000 mark. This decline is considered as the sharpest ever decline since August 19. Notably, the time is also not good for the FTSE250 index, as it fell, even more, by 1.4%…