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Resilience of US Economy in Question as S&P 500 Struggles to Follow Higher

S&P 500 Struggles as Investors Question US Economy’s Resilience Investors are increasingly skeptical about the long-term strength of the US economy, making it difficult for the S&P 500 to continue its upward trajectory, according to equity strategists at Morgan Stanley. The S&P 500 has recorded a modest 14% gain this year, prompting concerns among investors […]

Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters

Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]

Emerging conglomerate Abramovich enters Moscow and seeks a ceasefire in Ukraine | Reuters

Roman Abramovich (pictured) of the Russian oligarch, which is subject to sanctions against Russia by the European Union (EU), entered Moscow on a private jet early on the 15th. Taken at the Israeli International Airport on March 14, 2022 Reuters [Istanbul / Madrid / Brussels 15th Reuters]–Roman Abramovich, a Russian emerging conglomerate (Oligarch) who is […]

Berkshire Holds Over $ 5 Billion Occidental Shares | Reuters

Berkshire Hathaway, an investment company of well-known US investor Warren Buffett, has been found to hold more than $ 5 billion in shares in the US oil and gas giant Occidental Petroleum. Taken in April 2019 (2022 Reuters / Brendan McDermid) [Reuters]–It was revealed that Berkshire Hathaway, an investment company of well-known US investor Warren […]

Goldman loses 13% in Q4 Trading revenues are sluggish | Reuters

[Reuters]–US Goldman Sachs announced on the 18th that its fourth quarter (until December 31st) earnings fell by about 13%, falling below market expectations. Although the investment banking sector performed well, stock price fluctuations were scarce and the trading business deteriorated. Stock prices fell by more than 7% in early trading. Revenues from the Global Markets […]