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'Caution But Not Bearishness': Analysts Respond To Tech Stock Plunge
Friday, September 4, 2020 - 12:15pm | 664Large-cap tech stocks were hammered on Thursday, with the S&P 500 dropping 3.5% and the Nasdaq trading lower by 5%. While tech investors took a big hit on the day, the sell-off came with both the S&P 500 and the Nasdaq trading at all-time highs. The sell-off was led by Apple, Inc. (NASDAQ:...
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13 Financial Pros React To Emergency Interest Rate Cut: More Stimulus Needed?
Monday, March 16, 2020 - 1:18pm | 1304On Sunday, the Federal Reserve issued its second emergency interest rate cut of March, slashing its fed funds target range by 1% to between 0% and 0.25%. In addition to the rate cut, the Fed announced a new $700 billion quantitative easing program. On Monday morning, the Federal Reserve said it...
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'No End In Sight:' Boris Johnson's Brexit Prep Breaks The Pound, No-Deal Scenario Likely
Thursday, August 1, 2019 - 4:24pm | 741Britain’s new Prime Minister Boris Johnson is standing by his promise that the U.K. must leave the European Union by Oct. 31 — with or without a deal in place. Capital Economics' chief markets economist John Higgins said much has been made of sterling’s...
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Experts Break Down Fed Commentary, Markets Disagree With Powell
Thursday, December 20, 2018 - 11:22am | 827Investors clearly didn’t get what they wanted to hear from Federal Reserve Chairman Jerome Powell on Wednesday. The S&P 500 and the Dow Jones Industrial Average dropped to their lowest levels of 2018 after the Fed raised interest rates for the fourth time and said investors can expect two...
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Make Mine Mauritius: DeVere Group Opening Investment Banking Branch In Paradise
Friday, April 21, 2017 - 10:11am | 443Consider what Mark Twain once said about Mauritius, an idyllic archipelago in the Indian Ocean about 1,200 miles east of southern Africa: “Mauritius was made first, and then heaven; and that heaven was copied after Mauritius.” Here's the take by Nigel Green, founder and CEO of the...
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Greece Is Bad, But China Is Much Worse
Thursday, July 9, 2015 - 4:33pm | 425While the uncertainty over the fallout from a potential Greek exit from the Eurozone continues to draw the attention of global markets, the head of the world’s largest independent financial consulting firm believes that China is the true cause for concern. In a new article, deVere Group...
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3 Retirement Tips To Consider In 'The Era Of Personal Responsibility'
Thursday, December 11, 2014 - 2:39pm | 797“No longer can the government and agencies be relied upon to financially support us in retirement as they have done for previous generations,” founder and chief executive Nigel Green of deVere Group has warned in a release circulated today, December 11. Occurring at the cusp of a...