TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link
Read More »Norway-Listed Aker to Put 100% Bitcoin in Treasury Reserves of New Investment Unit
Bloomberg Haunted by 2008, China and U.S. Diverge on Stimulus Plans (Bloomberg) — The U.S. and China are pursuing divergent economic policies in the aftermath of the coronavirus recession in a role reversal from last time the world economy was recovering from a shock.One of the takeaways from the annual National People’s Congress under way in Beijing is a conservative growth goal, with a tighter fiscal-deficit target and restrained monetary settings. That’s a big contrast with Washington,… Source link
Read More »Software Firm Meitu Buys $22M of Ether, $17.9M Bitcoin for Its Treasury
TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link
Read More »Stocks Slump as Treasury Yields Top 1.5% on Powell: Markets Wrap
(Bloomberg) — Stocks and bonds sold off after Federal Reserve Chairman Jerome Powell underwhelmed markets by refraining from pushing back more forcefully against the recent spike in Treasury yields. The S&P 500 pared losses after briefly erasing its advance for 2021, but the gauge still headed toward its lowest close in about five weeks. Benchmark 10-year bond rates topped 1.5% as the dollar climbed. The tech-heavy Nasdaq 100 extended its decline from a February peak to almost 10%, and the… Source link
Read More »Yellen Shift on Vast Treasury Cash Pile Poses Problem for Powell
(Bloomberg) — Treasury Secretary Janet Yellen is giving Federal Reserve Chairman Jerome Powell a bit of a headache when it comes to managing the money markets. Already low short-term interest rates are set to sink further, potentially below zero, after the Treasury announced plans earlier this month to reduce the stockpile of cash it amassed at the Fed over the last year to fight the pandemic and the deep recession it caused. The move, which aims to return its cash position at the central… Source link
Read More »Janet Yellen confirmed as Treasury Secretary — first woman to hold the position
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link
Read More »A primer on a Janet Yellen-led Treasury
The Biden administration hopes to move quickly on confirming Janet Yellen as the 78th Secretary of the Treasury. The Senate Finance Committee is scheduled to vote on the former Federal Reserve chair’s nomination on Friday morning, likely setting up a final vote on the floor of the Senate next week. Markets will be closely tuned into Yellen’s first steps as Treasury Secretary. If confirmed, Yellen’s immediate task will be selling Congress on the Biden administration’s $1.9 trillion… Source link
Read More »Stocks, Treasury Yields Rise Before Yellen Hearing: Markets Wrap
The Canadian Press The Latest: Swiss hunt down virus variant in St. Moritz BERLIN — Swiss authorities have started mass testing residents and visitors in St. Moritz after a new variant of the coronavirus was detected in the upscale skiing resort. People were asked to register online and come in for free tests to a local gym and a beverage store on Tuesday, after two luxury hotels were put under quarantine Monday. All schools, kindergartens and skiing schools were closed. Officials said at… Source link
Read More »Gmail, other Google services down, hackers got into U.S. Treasury
The U.S. Treasury Department computers were hacked into over the weekend. Then, on Monday, Google services were down, which impacted those doing distance learning. The Treasury hack that took place Sunday looks like it stemmed from malware being put on a security system, possibly through a phishing email. Not only was the treasury department impacted, but all five military branches and thousands of federal, state and local… Source link
Read More »Former Fed Chair Janet Yellen reportedly Biden pick for Treasury Secretary – Yahoo! Voices
TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently shows strong share appreciation, over an extended period, it’s a positive sign for investors.With more than ten months behind us, the stocks that are now showing a combination of strong gains and a… Source link
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