Updates

China’s Economy Continues Booming After Record First Quarter

Sunday, April 25, 2021 02:00 PM By Bloomberg News Early indicators show a pick-up in activity as exports climb Rising commodity prices also pushing up factory inflation (Bloomberg) — China’s economy continued to boom in April from the record growth in the first quarter, with strong exports and rising business confidence supporting the recovery. That’s the outlook […]

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Why Quantitative Easing Isn’t Printing Money

The title of a recent article I wrote for CNBC.com was “How Gold Rallied for Years on a ‘Misunderstanding,’ “ but it’s obvious from the comments I received that I did not clear up these misunderstandings. So I’d like to explain in a bit more detail why quantitative easing (QE) is not printing money and why bank […]

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Top Apple analyst Huberty has ‘high confidence’ in earnings beat next week

PUBLISHED WED, APR 21 20217:47 AM EDTUPDATED 25 MIN AGO Maggie Fitzgerald@MKMFITZGERALD Source: Apple Inc. Morgan Stanley is betting on better-than-expected results for Apple next week, which should spur the stock to outperform amid lackluster gains in 2021. The Wall Street firm’s Apple analyst Katy Huberty — ranked the No. 1 analyst in 2020 by Institutional Investor […]

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Tech Hub Silicon Valley Has Lowest Office-Vacancy Rate in U.S

Tuesday, April 20, 2021 07:30 AM By Natalie Wong (Bloomberg) — Silicon Valley has the lowest office vacancy rate in the U.S., even as technology companies embrace remote work. Vacancies in the region south of San Francisco hit 11% in the first quarter, including space available for sublease, according to a report by brokerage Jones Lang LaSalle […]

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Bill Miller likes these stocks, including one that he thinks will make ‘multiple times your money’

PUBLISHED TUE, APR 20 20212:07 PM EDTUPDATED 43 MIN AGO Maggie Fitzgerald@MKMFITZGERALD Bill Miller Scott Mlyn | CNBC Value investor Bill Miller shared some of his stock top picks with CNBC on Tuesday, including one company that he believes will multiply in the next three years. The chairman and chief investment officer of Miller Value […]

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Wall Street Week Ahead: Tech retakes market lead as investors eye yields, earnings

NEW YORK (Reuters) – U.S. technology and growth stocks have taken the market’s reins in recent weeks, pausing a rotation into value shares as investors assess the trajectory of bond yields and upcoming earnings reports. Technology has been the top-performing S&P 500 sector in April, rising 8% versus a 5% rise for the benchmark index. […]

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Why ‘early specialization’ is the key parenting approach for raising exceptional kids: Performance expert

Parents often face the question of how to allocate their kids’ time when their kids show promise in a particular activity at an early age.

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FEDERAL RESERVE Powell says it’s ‘highly unlikely’ the Fed will raise rates this year, despite stronger economy

Despite what he sees as a rapidly recovering economy, Federal Reserve Chairman Jerome Powell has reaffirmed the central bank’s commitment to keep loose monetary policy in place.

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Fed officials say easy policy will stay in place until economic ‘outcomes’ are achieved

Federal Reserve officials indicated at their last meeting that easy policy will stay in place until it produces stronger employment and inflation, and won’t be adjusted based merely on forecasts.

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Digital ad spend grew 12% in 2020 despite hit from pandemic

Despite an initial falloff due to the Covid pandemic, digital advertising spending grew 12.2% year over year in 2020, according to a new report commissioned by the Interactive Advertising Bureau and conducted by PwC.

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