Tag Archives: buy

Memorial Day weekend marks the start of the airline industry’s busy summer travel season and airfare expert Bob Harrell said fares are going up.  “Well, they’ve been going up fairly dramatically in the last six months at least,” he told Yahoo Finance. Harrell is president of Harrell Associates, a firm that tracks and benchmarks ticket prices across the industry. In normal times, business fares are four to five times more expensive than leisure fares, according to Harrell, but right now,… Source link

In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus injecting cash into the economy – higher wages are seen as a portent of… Source link

In this article, we will take a look at the 10 best bitcoin stocks to buy now. You can skip our comprehensive analysis of the current bitcoin industry trends and go directly to 5 Best Bitcoin Stocks to Buy Now. Bitcoin is gaining momentum as the global economy recovers due to increasing consumer market demand. The world’s largest digital currency by market value soared to more than $64,000 on April 14 before plummeting to around $48,000 in the fourth week of the month. However, bitcoin’s… Source link

Bloomberg Bonds Beat Stocks at Pension Funds, Turning 60/40 Inside Out (Bloomberg) — The debate over the traditional 60/40 portfolio seems endless, but for pensions at least, it’s over — and bonds won.The retirement funds of the top 100 U.S. public companies, with combined assets of about $1.8 trillion, have ratcheted up their fixed-income allocations to a record level. At the end of their last fiscal year, they held 50.2% of assets in debt, while slashing money parked in equities to an… Source link

Bloomberg Shock and Tears: Behind Vanguard’s Retreat From China’s Market (Bloomberg) — Vanguard Group Inc. staff who dialed into a video call from their desks on the 40th floor of the Shanghai World Financial Center last month were expecting a morale-boosting speech from regional head Scott Conking on how the U.S. fund giant would tackle the Chinese market after years of preparation.Instead, Conking said the $7 trillion money manager was abandoning its push for a mutual fund license. The… Source link

(Adds detail) MOSCOW, April 29 (Reuters) – Yandex said on Thursday it had agreed to buy mid-sized bank Acropol for 1.1 billion roubles ($14.8 million), a move that will secure a banking licence for the Russian internet company so that it can develop financial services. Yandex has sought a means to develop its fintech offering after its split from a joint venture with state lender Sberbank last summer meant it ceded control of e-payment service Yandex.Money. In October, a $5.48 billion… Source link

Bloomberg Oil Crown Jewels No Longer Off Limits in Mideast Amid Deal Surge (Bloomberg) — Time was when the Middle East’s petrostates recoiled from using their crown jewels to raise money from foreign investors.Not any more. In the space of a few weeks, Saudi Arabia, the United Arab Emirates, Qatar, Oman and Kuwait have all accelerated multi-billion-dollar plans to sell energy assets or issue bonds off the back of them. Capping that trend, Saudi Crown Prince Mohammed bin Salman said Tuesday… Source link

(Bloomberg) — Blackstone Group Inc. has offered to buy a controlling stake in Indian IT outsourcing services provider Mphasis Ltd. for as much as 82.6 billion rupees ($1.1 billion) as demand for cloud computing surges amid the pandemic. Funds managed by the private equity firm have teamed up with long-term investors including Abu Dhabi Investment Authority and UC Investments to take a majority stake in Mphasis, the private equity firm said in a statement on Monday. That agreement triggered… Source link

COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout for the best returns in an expansionary environment. One natural place for them to look: the small-caps market. While big names get the headlines, the… Source link

In this article we will take a look at the 10 best crypto, bitcoin stocks to buy instead of overvalued Coinbase. You can skip our comprehensive analysis of the crypto industry and go directly to the 5 Best Crypto, Bitcoin Stocks to Buy Instead of Overvalued Coinbase. San Francisco-based cryptocurrency exchange platform Coinbase Global, Inc. (NASDAQ: COIN) went public on April 15 with a market capitalization of $86 billion. Coinbase CEO Brian Armstrong became one of the richest men in the… Source link