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Market News

Location American Market News for 17 July 2020

The Trouble With a Bubble That Just Won't Burst

Wall Street Journal - 17 Jul 2020 04:48
Chinese productivity suffers from the country's overinvestment in housing, even if the mania never ends in a 2008-style crash.
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Caution Appears Evident In Bonds, Crude, Despite Comeback Attempt Underway In Stocks It's interesting to see bonds up and crude down early today even as stocks mount a comeback attempt. This could signal growing caution, so keep an eye on volatility today.
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Stocks Open Higher Even As U.S. Hits Record Number Of New Coronavirus Cases Stocks are on pace for a third straight week of gains.
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Has Ross Stores Stock Run Out Of Steam After Its 35% Rally? Despite a 35% rise since the March 23 lows of this year, at the current price near $85 per share we believe Ross Stores stock has reached its near term potential. Ross stock has rallied from $63 to $85 off the recent bot...
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As Huawei Retreats in Europe, Ericsson Expands in China

Wall Street Journal - 17 Jul 2020 15:30
Washington's war on Huawei eventually seems bound to help the Chinese giant's leading Western rival, Ericsson. But it hasn't yet, leaving the Swedish company dependent for 5G-equipment sales on--of all places--China.
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Gaming Firm Sea Cofounder David Chen Is Singapore's Newest Billionaire Sea's shares have been on fire as more people indulged in gaming and online shopping amid the coronavirus pandemic, making cofounder David Chen a member of the ten-digit club for the first time.
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Helen Of Troy Stock Too Expensive At $195?

Forbes - 17 Jul 2020 14:00
Helen Of Troy Stock Too Expensive At $195? Helen of Troy stock is up around 9% since the beginning of this year, and at the current price of around $195 per share, we believe Helen of Troy stock has a significant downside. Why is that? Our belief stems from the f...
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Business Jets Are Flying Again. Their Manufacturers Aren't.

Wall Street Journal - 17 Jul 2020 12:41
Private-plane makers have concentrated on developing new long-range models, but the postpandemic world may end up preferring cheaper, smaller aircraft.
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SEC Urged to Help Diversify Asset-Management Industry

Wall Street Journal - 17 Jul 2020 02:37
Regulators should find ways to make the asset-management industry more inclusive of minority- and women-owned firms, a diverse group of investors told the Securities and Exchange Commission on Thursday
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Adapting To Change

Forbes - 17 Jul 2020 22:18
Adapting To Change I have always found it helpful to be open-minded and an early adopter of innovation. There is a competitive advantage to this in my opinion.
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Dow Falls As U.S. Hits Record Number Of New Coronavirus Cases Stocks posted a third straight week of gains.
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BlackRock CEO, President Of Dallas Fed Say Wearing Masks Is Essential To Economic Recovery 'While monetary policy and fiscal policy have a key role to play, at this point they are not as important as all of us wearing masks and following these healthcare protocols,' Dallas Federal Reserve President Robert Kapl...
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This Is Jay Powell's Bond Buying Shopping List Fed chair Jay Powell is our kind of income investor.
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Bond Funds Clash In Ecuador Restructuring

Wall Street Journal - 17 Jul 2020 20:01
Days after announcing a debt restructuring with some of the largest emerging-markets bond funds in the world, Ecuador is holding talks with a separate group of investors about potentially changing the deal.
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He Didn't Go to Jared

Wall Street Journal - 17 Jul 2020 19:11
Demand for jewelry like engagement rings dropped because of Covid-19, but the situation for sellers of rough diamonds is far, far worse.
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Best Stocks To Short As Nasdaq Suffers From Netflix Earnings Economists are starting to think a W-Shaped recovery is more likely to happen than a "V." We lean on deep learning algorithms and AI tech to generate the top stocks to short, and these are our latest.
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How to Make Money Decisions When the Future Is Uncertain

Wall Street Journal - 17 Jul 2020 18:54
With the pandemic causing so much uncertainty in the world, many people are struggling to make financial decisions. Here are some expert pointers for assessing your needs and options, and moving ahead responsibly.
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Best Stocks To Buy As S&P 500 Paces To End Week With Modest Gains The major indices have each had its fair share of challenges to stay afloat this week as a result of mixed corporate earnings and economic data. Using our deep learning and AI, we have determined the 5 best stocks worth ...
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Why The Post-Pandemic Cure Will Be A Bitter Pill To Swallow In terms of economic growth anyway, it's going to take a few years to get back to where we were in 2019.
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From 1720 to Tesla, FOMO Never Sleeps

Wall Street Journal - 17 Jul 2020 16:00
The South Sea bubble is the classic story of an investing mania. Are investors today any wiser?
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Cedar Fair Or SeaWorld Entertainment For Better Returns? SeaWorld Entertainment stock (NYSE: SEAS) has increased by 7% in the last two and a half years, when the stock price increased from $14 at the end of 2017 to $15 currently. But hang on, close rival Cedar Fair stock (NYSE...
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Income tax refunds amounting to ₹24,603 crore have been issued in 19.79 lakh cases to taxpayers and corporate tax refunds amounting to ₹46,626 crore in 1.45 lakh cases have been issued to taxpayers during Covid-19, s...
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