Uncategorized Can The Stock Market Rally Last? Can elevated stock prices persist? Photographer: Ramin Talaie/Bloomberg BLOOMBERG NEWS If you heard the events that have taken place in 2020 so far and then learned that the S&P 500 was off just 4% for the year to date, you might be surprised. Indeed, many experts have expressed skepticism at the current rally. However, the […] Written by July 3, 2020July 3, 2020
Cryptocurrency & Blockchain Technology Top Banks Say Gold May See A Record Rally By 2021—Why Bitcoin Can Too Top banks expect a gold rally in 2021, buoyed by three major factors. BLOOMBERG NEWS Morgan Stanley MS , JPMorgan JPM , and Goldman Sachs GSBD all foresee the gold price rallying by 2021. According to a research paper from Bloomberg, the precious metal’s uptrend can fuel a Bitcoin upsurge. In a paper entitled “June […] Written by June 28, 2020June 28, 2020
Uncategorized The Stock Market’s Bear Market Rally Has Ended Stock market fears of coronavirus outbreak Getty While stock markets can always rebound and move higher, it appears that spiking coronavirus cases, very high valuations and maybe some profit taking at the end of the quarter have ended the bear market rally. If the related hospitalizations and deaths from Covid-19 start an upward trajectory, it […] Written by June 26, 2020June 26, 2020