With inflation soaring, the Fed raising interest rates, Russia’s war in Ukraine and China’s decision to drop its “zero COVID” policy, a recession all but certain in Europe and increasingly likely in the United States, clear maps of the future would be particularly welcome now.
Drawing parallels: 9 investing lessons from FIFA World cup for stock market investors
Despite the surge in participating countries over the decades, only eight teams have won the FIFA World Cup till date and only two continents have succeeded as champions of the FIFA World Cup, Europe and South America.
George Kleinman’s tips for successful trading to amass solid returns
Kleinman has been featured for his trading in national publications such as Fortune magazine, and has lectured extensively regarding his trading techniques. He is also the author of four books on commodities and futures trading.
Playing smart! Mutual fund investors booked profits at high but raised the bar on SIPs
“November data shows largecap category witnessed redemption of Rs 1,038 crore on one side, while on theother side, midcap category saw inflows of Rs 1,176 crore and smallcap funds received Rs 1,378 crore,” said Viraj Gandhi, CEO, Samco Mutual Fund.
PSU banks steal the show this week; UCO Bank surges 54%
PSU banks stole the show, extending their gains. UCO Bank surged over 54%, whereas Indian Overseas Bank gained 30%. Meanwhile, Punjab & Sind Bank gained 20%, and Bank Of Maharashtra and Central Bank of India added 13% each.
Extreme bear sentiment over as investors buy stocks and bonds – BofA
Equity inflows totalled $18 billion and bond funds saw $2.3 billion of inflows while investors sold $0.2 billion of gold and shed cash at the highest rate in three months, selling $31.1 billion.
Binance, alone at the top after FTX, stirs ‘too big to fail’ crypto worry
As Bankman-Fried’s FTX empire collapsed into bankruptcy and the 30-year-old former billionaire swapped a luxury penthouse for a Bahamas jail cell, Binance has increased its market share to 52.9%, its largest ever, and grown its share of derivatives trading to 67.2%, according to CryptoCompare.
Wall St Week Ahead: U.S. bank stocks falter as recession worries take hold
Signs of pessimism over the economy have crept into asset prices in recent weeks, as investors grow increasingly worried that the Federal Reserve’s most aggressive monetary policy tightening in 40 years – aimed at reducing inflation – will also hamstring growth
Not just Fed, at least 8 other central banks hiked rates this week
Following US Federal Reserve’s 50 bps interest rate hikes to combat inflation on December 14, other global central banks also raised their interest rates.
Wall Street ends lower for third straight day as recession worries rise
New York Fed President John Williams said on Friday it remains possible the U.S. central bank will raise rates more than it expects next year