Investors are starting to notice that the stock indexes covering the so-called “Emerging Markets” have been declining steadily. There can always be many reasons for such a development, but the leading culprits these days are slowing growth in the Chinese economy (and China is a dominant customer of businesses in the developing world) and tariff/trade war concerns between China and the U.S.
57 million people tuned in to watch a recent professional video-gaming (esports) match. That’s almost 3x more than the 2018 NBA finals. […] Massive sums of cash are pouring into this booming sector.
Everyone who has followed Wall Street long enough knows what happens to bubbles in the end. They burst, costing investors who jumped into the market at the wrong time big money.
The Mercedes EQC - whose launch program in Stockholm features yoga in a direct appeal to the Millennials who have flocked to Tesla - is the first production model under the carmaker’s electric EQ sub-brand. It will be closely followed by similarly hyped debuts for BMW and Audi.
World stocks rose to a six-month high on Tuesday, lifted by investor optimism that a U.S.-Mexico deal to overhaul the North American Free Trade Agreement will go some way to averting a global trade war.
U.S. stocks slid on Wednesday, led by industrial shares, after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods raised fears of an escalating trade war.
Apple is now worth about $945 billion. Shares are up more than 13% this year, far better than the overall market. For Apple to hit a $1 trillion market valuation, the stock would need to go up just another 6% to $202.30 a share.
Less than one-third (31%) of middle-income boomers feel prepared for retirement and lower-income boomers feel even less prepared. So what is driving this lack of preparedness and uneasiness?