Tim Cook says he’s ‘optimistic’ that China has the coronavirus situation under control
Apple CEO Tim Cook said on Thursday that he believes that China is getting the situation related to the COVID-19 coronavirus under control.
Advisers to Rich Pitch Equities, Private Markets After Plunge
Advisers to the world’s wealthiest people are urging clients to pounce on potential bargains after U.S. stock markets registered their worst four-day performance since the depths of the 2008 financial crisis.
JPMorgan says buy the dip, bank on Fed ‘insurance’ cuts
For investors struggling to see an end to this market mayhem, JPMorgan said it’s time to buy the dip as the bank believes the coronavirus impact is “likely temporary” and the Federal Reserve will come to the rescue.
Powell Sees Few Risks Likely to Derail Longest U.S. Expansion
Federal Reserve Chairman Jerome Powell called the U.S. economy a “star” performer and voiced solid confidence that its record expansion will stay on track.
Fed chief Powell says ‘sustained expansion’ likely for U.S. economy
U.S. central bankers see a “sustained expansion” ahead for the country’s economy, with the full impact of recent interest rate cuts still to be felt and low unemployment boosting household spending, Federal Reserve Chair Jerome Powell said on Wednesday in remarks that brushed aside any worries of a looming slowdown.
Germany’s economic pain is here to stay
It was meant to be a fleeting slowdown for Europe’s economic powerhouse, followed by a rapid rebound.
Goldman says there are three big stock buyers that will keep the rally going
The S&P 500 surged to a new all-time high on Monday, and Goldman Sachs says the bull market will keep on rolling into 2020 on the back of three big buyers: corporations, foreign investors and US households.
JP Morgan says the market is doing so well, it could hit the firm’s 2020 forecast this year
Positive signs on the U.S.-China trade talks prompted investors to dive into stocks again, and J.P. Morgan believes the rally is here to stay and the market could reach the bank’s 2020 target eight months early.
U.S. Companies Preparing for Long-Term ‘Confrontational Relationship’ With China
U.S. companies are preparing for tensions with China to extend far beyond the status of the continuing trade discussions, an executive for the U.S.-China Business Council said Monday.