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Market News

Location American Market News for 7 June 2020
Jobs Report Stunner Proves That You Can't Rely On Predictions "It's tough to make predictions, especially about the future," said Lawrence "Yogi" Berra. If you can't rely on science and data for predictions, and the best economic minds are consistently wrong about the market, what'...
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Investors' Love of Tech Drives Booming Market Rally

Wall Street Journal - 7 Jun 2020 11:30
Individual investors are pouring money into popular technology stocks, contributing to a booming rally that is leading major indexes higher even as economic uncertainty related to the coronavirus lingers.
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How Baby Boomers Should Handle A Tech-Dominated S&P 500 Index We Baby Boomers emerged with cars, diesel engines, and the other major accomplishments of the previous century. But as we grew older, our lives increasingly became driven by technology.
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Beyond Commitment: Improving Black Leadership In Corporate America Our country is questioning long-held beliefs (both conscious and unconscious) about the lives and treatment of the Black community.
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Reconstruction 1.0

Forbes - 7 Jun 2020 19:34
Reconstruction 1.0 Analogies between the present period and 1968-69 abound. These are fair, but analogies to 1918-19 and 1928-29 are just as compelling. And this is because we have yet to complete our post- Civil War Reconstruction. Here's...
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These Seven American Cannabis Stocks Have Advanced In 2020 Almost halfway through the year, the cannabis sector, while down still year-to-date, has experienced a massive rally since the middle of March, when it hit an all-time closing low: The New Cannabis Ventures Global Cannab...
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What Esops are and how they are taxed

livemint.com - 7 Jun 2020 17:46
To compensate for the salary cuts, many companies are offering Esops. The benefit allows employees to buy stocks in the company where they work at a lower price than the fair market value
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A home loan is called a 'good' loan because it helps you acquire a tangible asset that can appreciate over the long-term .Here's a look at the lowest home loan interest rates of some leading banks
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Parents shouldn't jeopardize their retirement to fund their child's education abroad.Move savings into a liquid fund at least a year before the child is set to go abroad and also keep a buffer of 10-15%
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Don't Throw Caution To The Wind

Forbes - 7 Jun 2020 17:02
Don't Throw Caution To The Wind With last week's positive market action and a record-breaking jobs report, it seems like the rally from the lows is destined to keep on climbing. But we aren't out of the woods yet! This week, Tom looks at new resistance...
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U.S. Shale Companies Are Turning the Oil Taps Back On

Wall Street Journal - 7 Jun 2020 17:00
Now that more of the world is reopening and crude prices are rebounding to nearly $40 a barrel, companies are starting to turn some of their wells back on, even as they continue to put off most new drilling.
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In Ecuador, A Model In How To Protect Indigenous Villages From The Coronavirus Want to get money to the most in need during a pandemic?
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You will not be eligible for some of the tax benefits on NPS contribution if you opt for the new tax rates.If you opt for the new tax rates, you can still claim income tax deduction on employer contribution towards emplo...
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Having a large number of funds gives returns on a par with what the index gives or below that..Managing a portfolio of many mutual funds needs time and expertise.
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Gold discounts in India rise to highest in 2 months

livemint.com - 7 Jun 2020 07:21
Even though jewellers reopened stores in some parts of the country this week, physical demand remained weak.The latest tranche of sovereign gold bonds will open for subscription tomorrow
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Stocks This Week: Buy Apple Computer And ANSYS Here is the week's market outlook and a pair of short-term trading recommendations for the week.
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