Posts Tagged by GLOBAL ECONOMY AND BUSINESS NEWS: Global economy and business news

Bank of America beats earnings expectations (BAC)

Bank of America Merrill Lynch released results from its fourth quarter Wednesday, beating expectations with adjusted earnings of $0.47 a share. Wall Street analysts were expecting the firm to report adjusted earnings of $0.45 a share. Like the other big banks, Bank of America took […]

Four things to watch for in the Canadian business world in the coming week

Here are four things to watch for in the Canadian business world in the coming week. read more >>> Source:: CTVNews.Ca

These 14 stocks will see sales skyrocket in 2018, Goldman Sachs says

Companies that achieve strong revenue expansion have historically seen their stocks climb. Goldman Sachs has identified the 14 S&P 500 companies set to see the biggest sales growth in 2018. With the broader stock market expected to rise this year, it can be difficult to […]

Bank of America has found the formula for a market meltdown — and we’re dangerously close

Bank of America Merrill Lynch has identified a series of thresholds that need to be breached in order for the market to see a correction. The indicators in question include GDP, wage inflation, 10-year Treasury yields, and the S&P 500 equity index. BAML has repeatedly […]

DEUTSCHE BANK: Correlation between bitcoin and Wall Street’s ‘Fear Index’ is increasing ‘dramatically’

Cryptocurrencies are increasingly correlated with the CBOE Volatility Index, better known as Wall Street’s “Fear Index.” That’s according to a note from global financial strategist Masao Muraki and his team at Deutsche Bank. The correlation relates to the fact that a low volatility environment encourages […]

OF COURSE governments won’t give up control of money – that’s why crypto is crashing

One reason people are selling out of bitcoin is because governments are moving against cryptocurrencies. The promise of bitcoin is that it’s anonymous and secure and the government can’t touch it. That promise is unfulfilled. Governments are not going to stand idly by while people […]

Macron says U.K. can’t keep full access to E.U. post-Brexit

French President Emmanuel Macron has suggested that Britain is likely to negotiate a unique relationship with the European Union before it leaves the bloc next year, while stressing that any agreement must be consistent with EU rules. read more >>> Source:: CTVNews.Ca

One chart explains what’s driving the stock market’s record-breaking explosion

Upward revisions to S&P 500 profit forecasts have provided crucial fuel for the stock market’s ascent to new record highs. US equities are surging so much, so quickly, that some Wall Street strategist year-end forecasts have already been surpassed. It’s no coincidence that the stock […]

The housing market still can’t keep up with millennial demand even after its best year in a decade

New residential construction in the US rose to a 10-year high in 2017, the Census Bureau said in a report Thursday. But the number of entry-level units still falls short of demand from millennials. Homebuilders cite rising land and labor costs as barriers to new […]

The billionaire producer behind ‘Godzilla’ and ‘Jurassic World’ just listed his LA mansion, complete with a Himalayan salt room and organic farm, for $85 million

Thomas Tull, the billionaire producer of blockbuster films “Godzilla” and “Jurassic World,” just listed his Los Angeles mansion for $85 million. The 33-acre compound has a lake and an organic farm. Indoor amenities include a wine cellar, movie theater, photo studio, and Himalayan salt therapy […]

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