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Market News

Location American Market News for 10 June 2020
Top Stocks To Short As The Nasdaq Breaks Above 10,000 If there's one thing that's been made more clear, it's that the stock market and economy are not reflections of each other. An overbought stock market will eventually turn to the downside, and our deep learning algorithm...
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GameStop shareholders vote this week to resolve a fight over the embattled videogame retailer's board. But the company's largest investors won't cast much of a vote.
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Just Eat Takeaway.com Nears All-Stock Deal for Grubhub

Wall Street Journal - 10 Jun 2020 16:00
Just Eat Takeaway.com is nearing an all-stock deal to acquire Grubhub, according to people familiar with the matter.
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What We Talk About When We Talk About CLOs

Wall Street Journal - 10 Jun 2020 13:00
When collateralized loan obligations enter the public discussion, it's usually in the context of credit risk. Perhaps the current focus should be on the supply of credit.
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The Fed's Work Is Far From Done

Wall Street Journal - 10 Jun 2020 22:46
If central bankers' predictions about the economy are accurate, then stimulus will keep flowing for a lot longer.
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Mnuchin Pushes For More Coronavirus Relief Spending As PPP Hailed As A Success Democratic lawmakers are also exploring ways for businesses to apply for second Paycheck Protection Program loans.
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Dow Falls 250 Points After Federal Reserve's Grim Economic Outlook The Nasdaq closed above 10,000 for the first time, however.
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Oil Prices Defy Supply-Demand Fundamentals

Wall Street Journal - 10 Jun 2020 21:40
Rather than surging on supply and demand fundamentals, oil prices have ridden along with other risky assets, such as stocks. Analysts and traders worry the rebound has been too sharp and could prove short-lived.
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The actual decision today seemed pre-ordained, so instead investors might focus on the wording around it. The Fed seems cautiously optimistic that some of the policy moves it's made in the last three months are having a ...
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Compare your bank interest rates

livemint.com - 10 Jun 2020 20:22
Here is a list of banks that offer the highest FD rates for deposits up to ₹1 crore over various tenures
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In September 2018, Irdai, in line with a Supreme Court's mandate, had asked general insurers to offer two options for motor insurance to potential buyers
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Here's Why Tesla Stock Is Over $1,000 Today

Forbes - 10 Jun 2020 19:53
Here's Why Tesla Stock Is Over $1,000 Today Tesla stock surged to all-time highs today, breaking above $1,000 per share for the first time in the history of the company. The question on many investors' minds is -- why?
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Small Businesses are Key To Coronavirus Recovery Jeff Schulze of ClearBridge Investments explains why support of small businesses are vital for coronavirus recovery.
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Do Day Traders Drive The Market Now?

Forbes - 10 Jun 2020 18:43
Do Day Traders Drive The Market Now? With commission-free trades and a wave of account openings retail investors may have a greater influence on market direction than normal.
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Here's How Starbucks Plans To Transform Stores For The Post-Coronavirus World The coffee chain will increasingly shift to takeout, planning to open dozens of pickup-only stores.
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Britain's Premier League is finally returning next week. It could be a bad omen for Wall Street.
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The Aspirations For Stakeholder Capitalism Must Be Very, Very High The pause for the pandemic offers business leaders the perfect chance to rethink their business model and see the primary, creative role of employees in the pursuit of success.
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Here Are The Countries Crushed Hardest By The Coronavirus It's not going to be a great year for the U.S. It will be worse for these countries. China escapes unscathed.
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7% Dividends, 51% Upside And A Proven Plan To Beat This Crisis There are about 500 CEFs out there, and they boast huge payouts of 7% on average. Many also pay monthly.
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Amazon Partners With Goldman Sachs On Small Business Credit Lines Goldman is rapidly expanding into main street consumer lending.
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Russian Banks Made Under $20,000 In May Due To Pandemic Lockdowns The pandemic has taken a massive toll on all of Russia. 2020 is a lost year.
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Italy Looks to Draw Mom-and-Pop Investors to Bond Market

Wall Street Journal - 10 Jun 2020 16:39
Italy's debt-laden government plans to tap mom-and-pop investors with a new bond whose payout will be partially linked to the country's economic growth.
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