Last week global stock market closed higher, with U.S. reaching a fresh record high. Stock market celebrated better than feared corporate earnings, and continued its dance although in a calmer manner. We do not think the music will stop soon....
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Last week gobal stocks finished mixed. The Dow Jones Industrial Average hit an all-time high and closed above 27,000 for the first time. Curtsy of Powel, Fed chairman, dovish stance on his testimony to Congress. Fed defended the case for a rate cut, as soon as July, due to three uncertainties: global slow-down, low inflation …
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Last week global stocks extended their recent rally. S&P 500 hit a new record high and Europe Stoxx 600 entered the bull market. A curtsy on the way to trade truce, U.S. and China agreed to suspend new tariffs and resume their talk. Surprisingly enough, that was the most anticipated outcome from U.S.-China G20 talk, but …
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