Market News
Investors Double Down on Stocks, Pushing Margin Debt to Record
Wall Street Journal - 27 Dec 2020 16:00
Some investors, tempted to chase bigger gains, are borrowing against their investment portfolios, pushing margin balances to the first record in more than two years.
Coffee Prices May Be Headed Higher In 2021, Perhaps Much Higher
Forbes - 27 Dec 2020 05:292020 Was One of the Worst-Ever Years for Oil Write-Downs
Wall Street Journal - 27 Dec 2020 16:00
Oil-and-gas companies in North America and Europe wrote down roughly $145 billion combined in the first three quarters of 2020, the most for that nine-month period since at least 2010.
China Tells Ant to Refocus on Payments Business
Wall Street Journal - 27 Dec 2020 15:31
Financial regulators order Jack Ma's Ant Group to switch its focus back to its mainstay payments business and rectify problems in faster-growing areas such as personal lending, insurance and wealth management.
December Quarter's GDP Growth Forecasts Are All Over The Map
Forbes - 27 Dec 2020 01:0215 Concerning Charts About The Job Market
Forbes - 27 Dec 2020 22:14Will These Three Stocks Lead The Market In 2021?
Forbes - 27 Dec 2020 21:29Stocks This Week: Buy The DJIA, Gold, And Oil
Forbes - 27 Dec 2020 19:00Covid Upended Americans' Finances in Unexpected Ways
Wall Street Journal - 27 Dec 2020 17:00
With the benefit of hindsight, it is becoming clear just how much the 2007-2009 recession shaped the coronavirus recovery.