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RSS FeedsIn this market, nearly everything is up. How long can that last?
(WorldNews Europe)

 
 

21 july 2019 14:06:40

 
In this market, nearly everything is up. How long can that last?
(WorldNews Europe)
 


New York (CNN Business)1. All boats rising: US stocks, bonds, oil, the dollar, gold ... you name the asset, and it`s probably up this year. But how long can the euphoria last? In June, Federal Reserve Chairman Jerome Powell indicated the central bank would do whatever necessary to ensure the continued expansion of the US economy. That has trumped worries about a trade war and slowing economic growth. US stock markets have hit record highs on hopes that the Fed will slash interest rates later this month. A cut would give companies access to cheaper borrowing. The S&P 500 is already up nearly 20% this year, its best start since 1998. The prospect of central bank stimulus also drove up bond...


 
24 viewsCategory: General > Europe
 
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