Financial Industry News
There’s much you can say about Donald Trump. As an alien, I just briefly lived in Seattle as an exchange student in 2007; I am not an American. My country looks at the USA as our closest ally. We love American culture, we listen to American music, watch American movies and series, and enjoy American […]
Continue ReadingThe housing market is at risk of a severe crash after President Trump delayed stimulus talks until after the election. A study from Princeton and MIT researchers found that 30 to 40 million renters might be at risk of eviction. The lack of stimulus and a gloomy outlook for real estate leaves home prices vulnerable […]
Continue ReadingGoldman Sachs expects profit margins to jump in 2021. Goldman’s forecast is based on strong U.S. and global economic growth in the coming year. The stock market is facing many downside risks that we shouldn’t overlook. Goldman Sachs is optimistic about corporate profitability in 2021. The bank expects the U.S. stock market’s margin to jump […]
Continue ReadingThe U.S. stock market faces gloomy prospects as U.S.-China relations worsen. Strategists warn that the U.S. and China face an “all-out cold war,” as the dispute between the two countries intensifies. Equities remain vulnerable heading into Q4 without stimulus and clarity on vaccines. The U.S. stock market faces a new threat in the fourth quarter […]
Continue ReadingThe S&P 500 fell more than 4% in September amid a tech selloff. The index just triggered a rare buy signal, which suggests more gains for stocks. The upcoming U.S. election could bring volatility to the stock market. After rallying sharply from its pandemic-induced bottom, the S&P 500 fell more than 4% in September, posting […]
Continue ReadingShocking economic data shows the U.S. economy has sunk, and real inflation has shot up. The U.S. stock market may be beginning to price in the terrible state of the real economy. Yelp released a damning report on Wednesday, revealing business closures across the U.S. have soared because of the pandemic. Meanwhile, the ‘Cantillon Effect’ […]
Continue ReadingGoldman Sachs has cut its GDP forecast from 4% to 2%. The lack of additional stimulus is the problem. The investment bank doesn’t see additional stimulus until 2021. The economic recovery is set to stall. That’s the view of Goldman Sachs, who sees the lack of further stimulus as holding the economy back. The investment […]
Continue ReadingWith U.S.-China tensions continuing to burn, some investors are feeling the heat. Friction between the world’s two largest economies has taken a toll on venture funds investing in non-crypto startups. Investment in the blockchain industry, however, may be less affected. Crypto companies’ unique fundraising processes and decentralized nature provide some protection from geopolitical risks, according […]
Continue ReadingGoldman believes stocks should outperform bonds over the next 12 months. Stocks overvaluation is concerning. The stock market isn’t factoring in the risk of a double-dip recession. Goldman Sachs is encouraging investors to put less money in the bond market and more into the stock market. The firm says global equities have “rarely been as […]
Continue ReadingStrong demand for homes suggests the market is strong. Several factors have the potential to bring the housing market crashing down. A significant factor moving forward will be affordability. Bears have been predicting an impending housing market crash for some time, and the pandemic seemed to be the perfect catalyst for a downward spiral. But […]
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