No Data
Stratos Wealth Advisors LLC Decreases Stock Position in Innovator Growth-100 Power Buffer ETF – April (BATS:NAPR)
AdvisorNet Financial Inc Sells 638 Shares of Innovator Growth-100 Power Buffer ETF – April (BATS:NAPR)
The Bank of Australia expects the economy to recover and will act if the epidemic worsens
Bank of Australia Governor Philip Lowe said he is watching the current outbreak caused by the Delta variant of the coronavirus and is willing to take countermeasures if health conditions deteriorate. The current outbreak has prompted some major Australian cities to implement lockdown measures. Policymakers are “prepared to act to deal with further bad news on the health side that will affect the economic outlook for the year ahead,” Lowe said in his opening statement at a three-hour congressional hearing on Friday. However, at present, the central bank is still adhering to its plan to reduce bond purchases, believing that the economy will rapidly shrink from the contraction caused by the epidemic this quarter
The US stock bull market is about to falter. Is it about to end or is it a temporary pullback?
Original title: The US stock bull market is about to collapse. Is it about to end or is it a temporary pullback? The recent decline in US stocks makes one doubt that the “US stock bull market” has faltered. Is the 11-year US stock bull market coming to an end, or is it just a brief correction? In response to the above controversy, Real Investment Advice analyst Lance Roberts (Lance Roberts) analyzed the US stock market. His analysis was based on an important premise: “A bull market arises from pessimism, grows by doubt, and ends with excitement.” He said that although the US stock bull market will end
Powell hinted that the Fed will keep buying bonds even if the economic outlook improves.
Federal Reserve Chairman Jerome Powell is not at all close to withdrawing the stimulus, but he expects economic activity to pick up and return to more normal levels later this year. "the state of the economy is still a long way from achieving our employment and inflation targets, and it may take some time to make further substantial progress," Powell wrote in a testimony to the Senate Banking Committee on Tuesday. " The Fed currently buys $120 billion of assets a month-$80 billion of Treasuries and $40 billion of mortgage-backed bonds-and promises to maintain that pace until employment is achieved.
Pinduoduo rose 12.6% in early trading, a record high
Pinduoduo rose 12.6% in early trading to $193.56, a record high. Bernstein gave Pinduoduo an outperform market rating, with a target price of 210 US dollars.