Asian share markets ran into turbulence on Monday as a flare-up of tensions in the Middle East sent gold to its highest in almost seven years while oil flirted with four-month peaks.
Jan.05 — Sterling Professor of Economics at Yale University Robert Shiller discusses economic narratives and how Donald Trump is banking on a strong economic narrative in the upcoming 2020 election. He speaks with Bloomberg’s Michal McKee. …read more […]
Asian share markets looked to be heading into turbulence on Monday as a flare-up of tensions in the Middle East sent gold to its highest in almost seven years while oil flirted with four-month peaks.
(Bloomberg) — Gold rose to the highest level in more than six years as rising tensions in the Middle East stoked geopolitical uncertainty and demand for haven assets. Palladium also extended gains.Spot bullion climbed as much as 2.3% to $1,588.13 an ounce, the highest level since April 2013, and traded 1.5% higher at $1,575.36 as of 7:22 a.m. in Singapore, while futures gained as much as 2.5% to $1,590.90. Palladium jumped as much as 1.2% to $2,013.90 an ounce, a fresh record high, while silver and platinum also gained.Iran’s government said it would no longer abide by any limits on …read more […]
Micron Technology tops the list Continue reading… …read more […]
(Bloomberg) — Stock futures dipped and the yen advanced in the wake of escalating Middle East tensions as Asian financial markets return to full strength following New Year holidays.Japan’s currency matched a three-month high in the wake of fallout from the U.S. killing of a top Iranian military commander in Iraq. Japanese equity futures also slid, while Australian contracts were little changed. The S&P 500 Index posted its biggest loss in a month Friday in the wake of the killing, which threatened to spur escalating violence across the Middle East.The tensions cast a cloud over largely positive forecasts for risk …read more […]
(Bloomberg) — Elon Musk’s decision to assemble Tesla Inc. cars in China required years of planning and billions of dollars in spending. Now comes the challenging part.The electric Model 3 sedans rolling off the assembly line at Tesla’s Shanghai plant — its first outside the U.S. — face a market where total vehicle sales are expected to fall for a third straight year. After capturing about 5% of China’s car sales, electric vehicles have been losing steam as the economy cooled and the government scaled back subsidies for buyers.That could spell trouble for a launch that investors are watching closely …read more […]
We want to invest, not speculate Continue reading… …read more […]
(Bloomberg) — The already low level of interest rates in the U.S. and the rest of the industrial world could fall further, three senior central bankers said on Sunday.Speaking at the American Economic Association’s annual meeting, Federal Reserve Bank of New York President John Williams, European Central Bank chief economist Philip Lane, and Bank of England Deputy Governor Ben Broadbent all saw a possibility that so-called R star — the neutral level of interest rates that neither spurs nor restricts growth in their economies — might drop in the future.“You could see R star go lower because of demographics,” Williams …read more […]
For the full year, sales of SUVs and pickup trucks totaled more than 1 million units Continue reading… …read more […]
Orange, Iron Mountain, PLDT and Meredith present buying opportunities Continue reading… …read more […]
Insiders invest in Conagra Brands, Darden Restaurants, Gran Tierra Energy and USA Technologies Continue reading… …read more […]
Amazon.com Inc is generating lots of free cash flow, which it often uses to invest in growing its business, making the e-commerce retailer a good investment, weekly newspaper Barron’s said on Jan. 3. The company’s shares closed Friday at $1,875, which is 69 times its projected earnings this year, but the price is still sensible when compared to Amazon’s free cash flow, according to Barron’s. When the company’s financial results for 2019 are released, Wall Street analysts expect Amazon to report revenue increasing by 20% and free cash flow swelling by 28%, the newspaper said. …read more […]
Amazon.com Inc is generating lots of free cash flow, which it often uses to invest in growing its business, making the e-commerce retailer a good investment, weekly newspaper Barron’s said on Jan. 3.
Homeowners face high costs to protect their property in fire-prone areas and beyond. …read more […]
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