Last week was the week of swing, as stocks ended where they started. President Biden's tax hike proposal, fears of inflation risk and asset bubble were amongst the catalysts for the market fluctuations. Surging international Covid cases, taking capital gains and splashes of earnings played a role, too. Healthcare and real estate shares led the …
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Global stocks, bonds and commodities cheered the better-than-expected economic news, having the S&P 500 passed its sixth advance of the past seven weeks. Investors' one-year inflation expectation soared. The University of Michigan consumer sentiment survey rose to 86.5, just shy of the 89 forecast, which can offer a bit of comfort till end of the …
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Last week has been a rather quiet week as the weight shifted towards the prospect for economic recovery. However, major global indices were hovering on their new record high levels. This raises several questions for investors: 1. Where does the fuel for the engine of this bull market come from? 2. Are we close to …
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Happy Easter. Good Friday started Easter weekend, as the holiday-shortened week capped off a strong first quarter for equities. The S&P 500 hit above the 4,000-point mark for the first time ever, along with major global indices which all hit fresh new record highs....
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