Articles by admin

(Bloomberg) — Japanese equities are “still cheap” and the Nikkei 225 Stock Average will likely rise more than 20% to 29,000 next year, according to Oki Matsumoto of Monex Group Inc.Matsumoto, a former general partner at Goldman Sachs Group in Japan, said the local stock market is where investors could “aggressively seek capital gains,” given its valuations are relatively low compared with the U.S. and Europe. The benchmark Topix index is trading at less than 14 times its 12-month forward estimated earnings compared with the S&P 500 Index, which is at 18 times.“My view is more bullish than Monex Securities’ …read more […]

NEW YORK/SINGAPORE (Reuters) – Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts from big oil producing countries. The price gains in crude oil benchmarks were all in the first quarter of 2019, even as the next several months featured supply shocks that in the past would probably have propelled crude past the $100 mark. Prices are likely to remain rangebound in 2020 as …read more […]

(Bloomberg) — The Chinese scientist who created the world’s first genetically altered babies has been sentenced to three years in prison and a lifelong ban from working in reproductive technology, state media reported on Monday.He Jiankui, a Shenzhen researcher who drew widespread condemnation when he revealed his experiment last year, will also have to pay a 3 million yuan ($430,000) fine, said a report from Xinhua News Agency, citing the verdict of a court in the southern Chinese city.Rogue Chinese Scientist Regrets Not Being Transparent, Peer SaysTwo others who assisted him were also sentenced. Zhang Renli, a researcher at the …read more […]

With interest rates locked in at rock-bottom levels courtesy of the Federal Reserve’s easy-money policy after the financial crisis, companies found it cheaper than ever to tap the corporate bond market to load up on cash. Bond issuance by American companies topped $1 trillion in each year of the decade that began on Jan. 1, 2010, and ends on Tuesday at midnight, an unmatched run, according to SIFMA, the securities industry trade group. In all, corporate bond debt outstanding rocketed more than 50% and will soon top $10 trillion, versus about $6 trillion at the end of the …read more […]

What do you do when daily stock market gyrations all but dry up? Among the myriad Wall Street legacies of the soon-ending 2010s has been the emergence of market volatility – or the magnitude of security price swings over short time spans – as an asset class unto itself. …read more […]

Porsche offers a slew of courses, or experiences, at its Porsche Experience Center in Atlanta, as well as a new facility out in Los Angeles. I decided to take the Porsche 911 GT3 experience for a spin. …read more […]

From iPhone maker Apple to software giant Microsoft to e-commerce titan Amazon, here are 20 stocks that analysts are bullish on in 2020. …read more […]

(Bloomberg) — Indian stocks rose as investors watched for signs that a rally could broaden out beyond a handful of large companies.The S&P BSE Sensex climbed 0.2% to 41,656.4 as of 9:56 a.m. in Mumbai. The NSE Nifty 50 Index also advanced 0.2%. While the Sensex has recovered from a mid-year slump to deliver a roughly 16% return in 2019, the S&P BSE Midcap Index is down about 3%.Investors have continued to prize perceived “high-quality” stocks of established companies that dominate their own industries, as they are regarded as safer bets at a time when India’s economy is growing at …read more […]