Markets The exact policy implications of the Democratic congressional sweep are yet unclear but investors’ first reaction is one of relief. European stock markets rally 2%. One explaining factor is probably reduced policy risk. US President Trump’s erratic (trade) policy kept casting a dark cloud over European companies. Markets now assume some kind of congressional […]
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Everyone wants to buy stocks before they take off. The trick, according to billionaire investor Mark Cuban, is having enough cash when everyone else suddenly wants to sell. Cuban is urging investors to resist the Read more…
Market Overview The crypto market is shaking off the shackles of uncertainty, rising nearly 4% from its low of $2.54T at the start of Asian trading to $2.63T at the time of writing, 2.3% above Read more…
US services sector growth moderated in October, with ISM Services PMI declining from 54.9 to 54.5, below market expectations of 54.8. Nevertheless, the index remained in expansion territory for the 28th consecutive month. The underlying Read more…