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FinTech Acquisition Corp. VI Announces It Will Redeem Its Public Shares
The Saudi stock market rose for a year and a half to a 15-year high, and Morgan Stanley admitted its mistake and resumed its buying rating.
The Saudi stock market has continued to rise over the past 18 months, prompting analysts at Morgan Stanley to admit their mistakes and upgrade their rating on the country's stock market from "underrated" (the equivalent of selling) to "overweight" (the equivalent of buying). "the MSCI Saudi index is one of the best performers in the world this year and one of the best last year," said Morgan Stanley. Our rating has been low since May 2020, and obviously we were wrong this time. " Driven by soaring oil prices and increased retail trading activity, the Saudi Stock Exchange all-share Index (Tadawul All Share ind)
Wharton Professor: High inflation may force the Federal Reserve to withdraw its easing policy early and shake the stock market
Wharton School finance professor Jeremy Siegel (Jeremy Siegel) said on Friday that higher inflation in the future may force the Federal Reserve to withdraw loose monetary policy early and shake the stock market. “We'll face more inflation next year,” Siegel said. When you see inflation worsening, the Federal Reserve will face pressure, which will disrupt the market; this is inevitable.” The Federal Reserve said on Wednesday that it may soon scale back its asset purchase plans. Federal Reserve Chairman Powell said that the reduction process may end in the middle of next year. Nearly half of FOMC members think interest rates will be raised at least once in 2022. But Siegel acknowledged
Baidu, Inc. rose 1.1% before trading, and Baidu, Inc. 's Hong Kong shares were included in the FTSE China 50 Index.
Baidu, Inc. rose 1.1 per cent before trading. FTSE Russell announced the results of quarterly reviews of the FTSE China 50 Index, the FTSE China A50 Index, the FTSE China A200 Index, the FTSE China A400 Index and the FTSE China A small caps Index. Among them, Baidu, Inc.-W (09888) was included in the FTSE China 50 Index.
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