Wall Street Bulls Say Stock Rally Can Resume Even Without Rate Cuts
(Bloomberg) — Robust global economic growth may offer equities enough support to resume a record-breaking rally, even if bets on Federal Reserve interest rate cuts this year are completely abandoned.
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After the best week for the S&P 500 Index since November pushed the US stock gauge back toward its record levels of March,
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Read MoreThe Best Stocks to Invest $2,000 in Right Now
Written by Rajiv Nanjapla at The Motley Fool Canada
After a solid first quarter, Canadian equity markets have turned volatile this month. The concerns over geopolitical tensions and expectations of a global slowdown amid a prolonged high interest rate environment have weighed on investors’ sentiments,
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Read More“The Demon of Unrest”: Recounting the first shots of the Civil War
The ferry ride to the middle of Charleston Harbor can be a journey back in time. In 1860, Fort Sumter, the federal sea fortress guarding Charleston, became a flash point in the tensions between North and South. “South Carolina saw it as an affront to their sense of honor,” said writer Erik Larson. “It was a symbol of everything they felt they were rebelling against.”
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Read MorePakistan, Iran Commit to $10 Billion Trade Goal Amid US Threat of Sanctions
Despite its checkered history with Iran, Pakistan is increasing its ties with the Islamic Republic in an effort to stabilize its shaky economy
[Islamabad] Pakistan and Iran have pledged to boost bilateral trade to $10 billion within the next five years, signing eight agreements and memorandums of understanding across various sectors toward that end.
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Read MoreAndy Murray retirement plans could be back on track as Brit drops French Open hint
Tennis fans collectively held their breath when Murray took a tumble towards the end of his marathon Miami match against Tomas Machac. The Brit played on but lost in a final set tiebreak and later revealed that he suffered a full rupture of his anterior talofibular ligament and near full thickness rupture of his calcaneofibular ligament.
The Burst
Is United Airlines Set To Crash?
United Airlines has a strange pattern over the next month and a half. In 11 of the past 18 years it has a bizarre bearish pattern where it falls by on average almost 5% over that time frame.
What is it about this time of year when you might anticipate travel bookings are ramping up that this airline has a consistent history of falling by such a large amount?
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Read MoreThe Ivy
60.2% Upside In This Forgotten Favorite
When we wrote about Apple’s bullish opportunity frankly we weren’t expecting it to be the only stock that held up in the market but the graphic below highlights just how awful Friday’s market was and how nothing escaped the onslaught but the Cupertino giant.
But what other stock could be on the verge of rising after a period of sustained underperformance?
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Read MoreThe Spotlight
Market Precariously Perched at Key Level
As the end of the quarter approaches, how do the markets fare? Zooming out, we can see that the S&P 500 is precariously perched on an uptrending resistance line.
While doomsayers have been lining up to predict the market’s demise for months, it has defied all skeptics and continued its march higher. But now it sits once again at a key threshold level.
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