Despite inflation running at its highest annual rate in almost thirteen years, stocks ended higher on Friday, with all three major averages ending near all-time highs, thanks to what economists believe to be encouraging data that an economic recovery is underway.
Schlagwort-Archiv: Market
Stock Market Forecast for the Week Ahead: The Summer Doldrums Approach
Seasonality may work to slow stock market price action as a drawdown in volume and volatility seep into the market. The major indices have already begun to show symptoms of range-bound price action.
Gold Forecast Bright on Weak USD; Silver Eyes Multi-Year High
Gold price action advanced for its fourth-week straight as silver soared to multi-year highs thanks to a stubbornly weak US Dollar. Will gold and silver prices rise further or will Fed hawks stymie…
Euro Forecast: EUR/USD Price Outlook Positive, Well Placed For More Gains
EUR/USD remains in an uptrend and is in a good position to reach the 1.23 level and then new highs for the year to date as the Eurozone economy improves and coronavirus cases drop.
Weekly Fundamental US Dollar Forecast: Inflation Fears Linger; May US NFP Due Friday
The ongoing erosion of US real yields, thanks to rising inflation expectations and stagnant US Treasuries, has proved to be a negative influence on US Dollar.
Responsible Resilience Amid a Global Humanitarian Crisis
We learned invaluable lessons from the first wave of COVID-19 last year, a crisis that fast-forwarded the future in a matter of days.
The Future of Healthcare: Virtual Solutions for Small Business
For many businesses, offering healthcare benefits to employees is challenging at best, impossible at worst.
Carl Icahn’s $1.5 Billion Crypto Investment Backs Buy the Dip Strategy
Billionaire investor Carl Icahn discussed plans this week to enter the crypto markets in a big way.
What The Meme Stock Surge Says About Equity Markets Today
It’s like January all over again: The so-called “meme stocks” are soaring once again.
World Reimagined: FinTech Upstarts Are Forcing Legacy Banks to Evolve and Adapt
For years, the United States lagged much of the rest of the developed world, and even some emerging nations, when it came to innovation in retail banking.