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Market News

Location American Market News for 20 December 2018
Mutual funds can give higher returns than FDs, real estate, gold Investing in a mutual fund portfolio that is well-diversified across asset classes has a better chance of giving a higher return than other investment options such as real estate, gold or fixed deposits
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Lower Oil Prices Could Boost Modi In 2019

Forbes - 20 Dec 2018 03:29
Lower Oil Prices Could Boost Modi In 2019 Lower oil prices could boost Modi's chances to be re-elected in 2019, provided that his administration is doing things right this time around.
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Nike said revenue grew in nearly every category, with footwear and apparel seeing growth in the double digits globally. Digital sales led growth across both the Nike and Converse brands.
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No Sleeping Central Bank In Stockholm As Swedes Raise Rates The Swedish Central Bank surprised the markets by hiking rates today. It sees Swedish companies reporting major shortages of labour and cost pressures are rising.
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The Dow Is Down This Year...Or Is It?

Forbes - 20 Dec 2018 16:00
The Dow Is Down This Year...Or Is It? Which of these statements is true about the year-to-date performance of the Dow Jones Industrial Average ("The Dow") as of the close of business on December 14, 2018? It is down 0.28% It is up 3.04% It is up more than 5....
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Accenture quarterly revenue rises 7.4%

CNBC - 20 Dec 2018 15:10
Accenture reported a 7.4 percent rise in quarterly revenue on Thursday, as it reaped the benefit of its investments in digital and cloud services.
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Stock carnage deepens, with Asia equities set for 20-month low In the end, it all boils down to economic growth concerns, with the US Federal Reserve lowering its forecast for growth in 2019 to 2.3% from 2.5% in September
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Shale Oil Will Face Trouble As Oil Prices Fall Below The Magic Threshold With oil prices now in the $40 range, the once indomitable shale oil industry looks vulnerable.
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How Much Can Abbott's Price Gain If FreeStyle Libre Gets 30% of The Blood Glucose Monitoring Market? Abbott Labs' (NYSE:ABT) stock price could gain over 10% if its FreeStyle Libre system captures a 30% share of the blood glucose monitoring market by 2020, according to our estimates. FreeStyle Libre has seen strong accep...
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A Growing Sign Cigarette Maker Altria Is Digging Its Own Grave Cigarette stocks like Altria have been stock market stars for decades. But behind their success is an epic squeeze into the pocketbooks of addicted smokers and a growing mountain of corporate debt. This once darling cock...
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Opinion: Despite SC weighing in, Trai-CCI friction looks far from over CCI and Trai have been at loggerheads over who is best placed to rule on anti-competitive behaviour in the telecom sector
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Fed hike raises recession fears, global stocks slide

livemint.com - 20 Dec 2018 20:59
Fed hike raises recession fears, global stocks slide Losses added to the worst year for world stocks since 2008 financial crisis
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Stocks For A Selloff

Forbes - 20 Dec 2018 20:23
Stocks For A Selloff When the markets gets its footing again, these stocks may recover more than most.
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CREtech Takeaways: How Technology Will Change The Places Where We Work Investment in tech start-ups in the commercial real estate space in the U.S. has grown to an estimated $7 billion today, up from $30 million in 2012, CREtech estimates. And this commercial real estate ecosystem now has 3...
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Talcum Liability Or Not, J&J Is Way Overvalued J&J's stock price took a big hit last Friday when a report about a possible talcum powder cover up was published. The firm's share price is still too high.
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Could Google Still Be Interested In Buying Snap? Snap reportedly turned down an offer from Google to buy the company for $30 billion, just before Snap went public. Could Google be interested now that Snap's stock has traded down so far?
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Add Up The Pieces: The SPDR S&P Dividend ETF Could Be Worth $104 For the SPDR S&P Dividend ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $103.88 per unit.
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You Will Probably Live Longer Than You Thought, But Can You Afford To? I have long warned that demographic changes have made Social Security unsustainable.
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How Trump's Trade Policies Actually Damage The Economy The US and China have serious disputes. And I think tariffs are the wrong tool to solve them. So I'm not optimistic this break will accomplish much either. We'll see.
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The U.S. Dollar Will Move Higher In January

Forbes - 20 Dec 2018 18:11
The U.S. Dollar Will Move Higher In January The U.S. dollar is headed higher in January. Here is why....
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Analysts Expect The iShares Core S&P 500 ETF Will Reach $312 For the iShares Core S&P 500 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $312.12 per unit.
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It's no coincidence that the ascent of Bitcoin coincided perfectly with the crackdown on capital flight in China.
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