UBS raises S&P 500 year-end forecast because of giant profit comeback

The second-quarter earnings season is off to a strong start, and UBS thinks the rising corporate profits should keep pushing the stock market higher for at least the next year. David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management, hiked his targets for the S&P 500, projecting the index to reach

July 13th, 2021|

Economists Lift U.S. Growth Forecasts Even as Pace Set to Cool

(Bloomberg) -- The U.S. economy is entering a new phase. Fueled by widespread vaccinations, government stimulus and the lifting of most Covid-19 restrictions, the economy likely expanded in the second quarter at one of the fastest paces in decades. But at some point, gross domestic product growth has to come off the boil and return

July 9th, 2021|

Service Industries in U.S. Expand at Fastest Pace on Record

(Bloomberg) --U.S. service providers experienced the fastest growth on record in March as measures of business activity and orders advanced to new highs. The figures from the Institute for Supply Management on Monday underscore how looser business restrictions and increasing economic activity are igniting a rebound in sectors hardest hit by the pandemic. The ISM’s services

April 5th, 2021|

Genetics of the new virus

Coronaviruses are a group of viruses that cause diseases in mammals and birds. In people, human coronaviruses cause respiratory infections, including the common cold.

January 31st, 2020|
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