Tag Archives: Priced

[unable to retrieve full-text content]A ‘soft landing’ is being priced in. That doesn’t make it more likely: Morning Brief  Yahoo Finance Source link

Recession calls are growing by the day, but the stock market remains wary of fully pricing in this scenario for the economy. Despite enduring the worst start to a year since 1970, the benchmark S&P 500 (^GSPC) is still trading 13% above a widely-cited recessionary target of 3,400, which would mark a ~29% decline from the record high reached on January 3, 2022. In the average recession since World War II, the S&P 500 has dropped 31%. “Investors and business managers alike tend to play the hand… Source link

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The Federal Reserve isn’t going to hike rates as much as markets are currently betting, according to Cathie Wood. The strategies of ARK Investment Management LLC, where Wood is founder and chief executive officer, have struggled recently amid fear of inflation, she said via video to the Seedly Personal Finance Festival in Singapore. The firm’s flagship ARK… Source link

Bitcoin is expensive. Too expensive, according to Mike Novogratz. People are being put off by its high price. To attract smaller savers, exchanges should switch to quoting in satoshi: Satoshis are bitcoin’s equivalent of cents, except there are far more of them. Just as one dollar is made up of 100 cents, so one bitcoin is made up of 100 million satoshis. This is defined in the Bitcoin system’s original code.  In Bitcoin’s early days, when the bitcoin currency was only worth a few… Source link

Google logo is displayed on a mobile phone screen photographed for illustration photo during the … [+] coronavirus pandemic. Gliwice, Poland on April 21, 2021. (Photo by Beata Zawrzel/NurPhoto via Getty Images) NurPhoto via Getty Images Alphabet (Google) (NASDAQ: GOOG) is scheduled to report its fiscal Q1 2021 results on Tuesday, April 27. We expect GOOG to beat the consensus estimates for revenues and earnings. The company has reported better than expected revenues and… Source link

DUBLIN, Ireland and CHICAGO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM) (the Company), a clinical-stage pharmaceutical company focused on developing next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced that it has entered into definitive agreements with several healthcare-focused institutional investors for the purchase and sale of 17,500,000 of its ordinary… Source link