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Market News

Location American Market News for 28 May 2020

Iran's Economy Is in Crisis; Its Stock Market Is on a Tear

Wall Street Journal - 28 May 2020 16:24
Crushed by U.S. sanctions and weak oil prices, Iran has one of the world's most battered economies. It also hosts one of the best-performing stock markets.
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Dividend Kings: 5 Top Dividend Stocks For 2020 Investors looking for the best dividend growth stocks should consider companies with the longest histories of dividend growth, explains Ben Reynolds, a contributor to MoneyShow.com and editor of the industry -leading inc...
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Can companies cut their way out of a crisis? And has this crisis become so bad that radical cultural change is possible? In the case of Nissan and its global car-making alliance with Renault and Mitsubishi, it is easier ...
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The highly contagious nature of the virus and the severity of the outbreak has forced hospitals to make it mandatory for health workers to wear protective gear.Patients could end up spending as much as a fourth of their ...
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Pew Poll Gives New Fodder To U.S. Politicians Criticizing China Over Pandemic "Clearly, the rhetoric in D.C. today among those in the Congress who want to get re-elected is to bash China."
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Domino's And Papa John's Shares Are Soaring Thanks To Booming Pizza Sales Pizza chains have seen sales jump amid the pandemic.
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Investors Get More Bang for Their Buck at This Dollar Store

Wall Street Journal - 28 May 2020 20:02
Coronavirus stockpiling wasn't enough to pull Dollar Tree's sales growth up to Dollar General's, but it was enough to pick up its downtrodden share prices.
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House Passes Bill To Give Small Businesses More Flexibility In Spending PPP Loans The legislation would extend the forgiveness period from eight to 24 weeks and let businesses spend less of their loan money on payroll and more on overhead.
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Dow Up 200 Points Even After Another 2.1 Million Job Losses The Dow is heading for a three-day winning streak.
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Look Out Democrats, The Economy Is Looking Better For Trump Than You Think At least 12 economists forecast growth of at least 20% in the third quarter.
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Coronavirus Will Change the World. Good Luck Figuring Out How.

Wall Street Journal - 28 May 2020 19:20
Our columnist contemplates five areas of uncertainty that leave the world of on the edge of major changes, all of which investors should think about.
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Real-estate brokers and economists are already pointing to early signs that the housing market is on the rebound.
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The Headlines Are Dead Wrong - Unemployment Dropped 16% To 19M And that May 16 data has undoubtedly improved significantly since then
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Internet And E-Commerce Paper: How To Shoot In The Dark Sadly, these financial reports, both Amazon and Facebook, are cavalier, actually disgraceful because they offer no color or details on research priorities, what tens of thousands of new employees will be working on or th...
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Trump And Biden: Our Plans For Your Student Loans What do Donald Trump and Joe Biden think about your student loans?
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The First Quarter Was A Disaster. What Comes Next? Although many were optimistic as the year began, the March market crash which followed the onset of the COVID-19 pandemic and its related global-quarantine measures altered that outlook dramatically.
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How The Current Coronavirus Stock Market Compares With Great Depression & Great Recession Markets The spread of the coronavirus pandemic and turmoil in the crude oil markets caused the Dow Jones to crash by over 37% between February 12 and March 23. While the markets have recovered considerably since, with the Dow ri...
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Robinhood: Outlaw Or Something To Be Admired? Robinhood - outlaw or something to be admired?
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Turkey Borrowed Foreign Currency as Lira Tumbled

Wall Street Journal - 28 May 2020 17:14
Turkey's central bank ramped up foreign-currency borrowing from local banks to a record high last month, as it moved to reverse a steep fall in the local currency.
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Capitalism Is Failing Us Just When We Need It Most In the words of Warren Buffett's investing partner, Charlie Munger, "Never, ever, think about something else when you should be thinking about the power of incentives."
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Global Glut Keeps a Lid on Natural-Gas Prices

Wall Street Journal - 28 May 2020 16:53
Mild May weather has limited domestic demand, brimming storage facilities abroad have reduced exports and the flow from oil wells hasn't declined by as much as expected.
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Is Pfizer's 2x Price Rise Versus Bristol-Myers Squibb Justified? The stock price for Bristol-Myers Squibb is up by roughly 15% in the last few years (since Jan 2017), driven by the company's increased market share in the anticoagulants market. In comparison, Pfizer, one of the largest...
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