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Market Downturn Ahead? Citi Strategist Warns Of Hit As Central Banks Unwind $800B Stimulus
Wednesday, April 19, 2023 - 4:16am | 471Read More...Equities and other risk assets will take a hit when central banks pull away as much as $800 billion of stimulus that was deployed to boost the global economy, a Citigroup strategist reportedly said. The risk rally has been fueled by the injection of over $1 trillion of central bank liquidity, and...
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The 2 Stocks Spiking On FanDuel Partnerships, Major Radio Advertising Commitment
Thursday, October 29, 2020 - 3:50pm | 432Read More...FanDuel announced a partnership Thursday with sports radio company Entercom, as well as a new deal with Twin River Worldwide Holding for a retail sportsbook. What Happened: FanDuel, owned by Flutter Entertainment (OTC: PDYPY), announced a deal to become the official sportsbook of Entercom...
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Has The World Reached Its Credit Limit?
Monday, September 28, 2015 - 1:44pm | 372Read More...Post-crisis global growth rates have been lackluster, but credit levels are at all-time highs. The majority of new credit creation in recent years has occurred in emerging markets. Stalling capital inflows into emerging markets could continue to weigh on global growth. In a new report, Citi...
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Dow (INDU) Loses Winning Streak After Monthly Employment Report (CSCO)
Thursday, February 4, 2010 - 2:40pm | 120Read More...Larger-than-expected rise in weekly jobless claims sent a shiver down the market’s spine. The Dow (INDU) is currently trading down by more than 200 points. The S&P 500 index (SPX) has also fallen down by over 2%. The Nasdaq Composite is trading at 2.1% lower levels. According to Matt King,...
