Global stock markets added $17 trillion in value this year. A year back, most economists saw dismal stock market returns in 2019.
We think that bank stocks also benefited from a change in investors’ sentiment. Their low valuation at the beginning of the year acted as a support.
Trump’s trade war has hit the Chinese economy. Some of the Chinese economic indicators show that the economy might have bottomed out.
American Airlines has pushed back the grounding of Boeing's 737 MAX planes until April 2020. Read about how this will affect AAL and other airlines.
Keefe Bruyette & Woods downgraded JPMorgan Chase stock to “market perform” from “outperform.” The firm increased the target price to $135 from $128.
The Dow Jones Index (DIA) fell 0.6% last week but is still trading near its all-time highs. This week, we have several potentially market-moving events.
President Trump often touts a strong US economy. He sees it as a result of his administration’s policies. However, observers are forecasting a recession.
Phase one trade deal continues to look uncertain. With better-than-expected jobs report, Dow Jones recovered later in the week.
An early investor in Twitter and Tesla, billionaire venture capitalist Tim Draper expects to see Bitcoin reach $250,000 in 2022 or 2023.