The Bank of England on Thursday lived up to its promise to act “forcefully” to curb surging inflation, by announcing the biggest increase in interest rates for more than a quarter of a century. But while the rise in borrowing costs was no more than analysts had expected, the central bank’s intensely gloomy view of
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You may have heard of the term “short squeeze” in the past – but didn’t know what it meant. I’m here to tell you what it is and how you can capitalize and profit from a short squeeze. What is a short squeeze? There are two players in the market. There are the “longs” and
Kevin Matras compares the PEG ratio to the P/E ratio and shows how to use them both for finding classically undervalued stocks with market beating growth rates. Highlighted stocks include CSIQ, MEOH, RCL, SBRA and TRN.
In this video, we give examples of how a downtrend shows lower highs and lower lows and how an uptrend shows higher highs and higher lows. We also introduce trendlines and demonstrate how to draw trendlines to identify both downtrends and uptrends. Test and practice your investment strategies in real market conditions with virtual money.
The numbers at first seemed like a typo. Calpers, the massive California state pension fund, said its public equity and fixed-income investments had each recorded losses of nearly 15 per cent for the 12 months ending in June. Yet its private asset portfolio in private equity and real estate recorded gains north of 20 per
British taxpayers have become shareholders in a gym studio for the face, a kombucha producer and a cannabis oil company as part of a scheme set up during the coronavirus pandemic to help small businesses. One of a number of government-backed initiatives, the Future Fund scheme was launched by former chancellor Rishi Sunak in May
Sen. Pat Toomey is again demanding transparency by the Federal Reserve after learning the central bank withheld documents he and other Republicans sought related to former Fed nominee Sarah Bloom Raskin during her confirmation fight. “It’s hard not to see this as a gesture of contempt for the Senate,” Toomey, the top Republican on the
It’s remarkable how easily we can slip into the assumption that what currently is, has always been so. Extended 30ºC heat in Britain. The most well-educated people voting for leftwing parties. Japan and Italy facing demographic crises due to old and ageing populations. So it may come as a surprise that in 1985, Britain was
The sudden passing of Indiana Congresswoman Jackie Walorski and two of her staffers in a car accident Wednesday has caused an outpouring of grief among muni market advocates and representatives across the political aisle. A South Bend, Indiana native, Walorski was first elected to represent Indiana’s 2nd district in 2012 and served on the House
The next few months will be key for California’s embattled and costly high-speed train project as the agency overseeing the project works to assemble state and federal financing needed to complete the first leg. The California High-Speed Rail Authority may hit the market as soon as November with a fresh tranche of state-backed bonds. At
The number of people applying for unemployment aid in the US reached the highest level in more than six months last week, amid growing signs the historically tight labour market could be cooling. In the week to July 30, there were 260,000 initial jobless claims on a seasonally adjusted basis, according to labour department data
Liz Truss’s supporters have stepped up their attack on the Bank of England’s handling of inflation, as the foreign secretary blamed the BoE and the Treasury for failing to avert the economic crisis facing Britain. Truss says she will change the mandate of the BoE to toughen its focus on inflation, while she claims that
Senior advisor to the President Ivanka Trump (R) and brother Donald Trump Jr. listens during a rally in support of Republican incumbent senators Kelly Loeffler and David Perdue ahead of Senate runoff in Dalton, Georgia on January 4, 2021. Mandel Ngan | AFP | Getty Images Donald Trump Jr. and his sister Ivanka Trump have
The writer is a senior fellow at Yale University and author of the upcoming book, ‘Accidental Conflict: America, China, and the Clash of False Narratives’ Geostrategic accidents rarely happen out of thin air: look no further than the first world war. Nancy Pelosi’s unfortunate stopover in Taiwan, which follows years of mounting Sino-US tensions, should
Former Federal Reserve Vice Chair Richard Clarida will return to the bond giant Pacific Investment Management Co. as global economic advisor following his exit from the central bank in January and the conclusion of an internal Fed probe into his personal trading, which found that he hadn’t broken any rules. At the Fed, Clarida —
In this article ZG Lacheev / Getty As today’s prospective home buyers confront high home prices and rising interest rates, there’s one thing they can do to save money — raise their credit scores. “This is one actionable thing buyers can do to save a little bit of money in this market,” said Amanda Pendleton,
New York State is facing lower revenues and bigger budget gaps as the national economy takes a turn for the worse, according to the latest update released by the state Division of the Budget. Gov. Kathy Hochul announced the first quarterly update to the fiscal 2023 enacted budget shows the national economic downturn has started to
European equities rose cautiously on Thursday as investors balanced positive US corporate earnings with a wave of monetary tightening by central banks. The regional Stoxx 600 share index added 0.3 per cent in morning trading, lifted by technology stocks after Wall Street’s tech-heavy Nasdaq Composite equity gauge rose to its highest level in three months
UK construction activity fell for the first time since the start of last year as high inflation and rising interest rates took their toll on the sector, according to a closely watched survey. The headline seasonally adjusted S&P Global/Cips UK construction purchasing managers’ index, or PMI, fell to 48.9 for July, down from 52.6 the
In this article YUM National Guard troops pose for photographers on the East Front of the U.S. Capitol the day after the House of Representatives voted to impeach President Donald Trump for the second time January 14, 2021 in Washington, DC. Chip Somodevilla | Getty Images In an earnings call Wednesday morning, Yum Brands CEO
Burned by a hot housing market, some frustrated home buyers may have hoped that sky-high listing prices are finally coming down to earth. Well, they are – sort of. It just depends on where you live. To better understand the housing affordability situation, Fortune magazine reached out to Moody’s Analytics to get access to its