Recovery

As the Nasdaq 100 index is nearly 2% away from its all-time high, analysis suggests that it’s “easier to digest” the index’s premium valuation given the growth optimism for 2025 and 2026. What Happened: According to Adam Turnquist, the chief technical strategist at LPL...

U.S. stock futures were lower on Thursday after staging a stellar recovery on Wednesday after a tariff pause. Futures of major benchmark indices were down in premarket. President Donald Trump attributed the tariff pause to negotiation efforts by roughly 75 non-retaliating nations in a Truth Social...

In a significant development, Norwegian law enforcement has managed to recover $5.7 million in cryptocurrency assets that were stolen in the sensational 2022 Ronin Network hack, which remains, to this day, the biggest cryptocurrency hack of all time. What Happened: Sky Mavis, the creator of the...

Goldman Sachs has adopted a more optimistic stance on Chinese equities, increasing price targets on domestic indexes and launching a 40-stock China Recovery Portfolio. Kinger Lau, CFA, and his team at Goldman Sachs see a “tail-risk compression trade” in progress, following a substantial...

The global economy, as depicted in the June 2023's OECD Economic Outlook, is exhibiting signs of improvement — albeit with a fragile upturn and substantial downside risks. There have been positive adjustments in global GDP growth, which is now expected to reach 2.7% in 2023 and...

The U.S. is now more than six years removed from the worst of the economic recession that followed the Financial Crisis in 2008-2009. The Federal Reserve finally deemed the economy strong enough for its first modest interest rate hike back In December. However, global economic jitters,...

It may be a new decade, but Eminem is still producing enormous sales. In its Rewind 2010 roundup, iTunes (NASDAQ: AAPL) announced that Recovery (Aftermath/Interscope/Shady) is the best-selling album of the year. iTunes Rewind 2010, which focuses on the year's biggest-selling music, movies, TV, apps...

Nouriel Roubini stated on CNBC earlier this morning that he does see the recession over and the economy at the beginning of a recovery. This is a much rosier picture than he was imagining in March. Roubini stated that at the time he underestimated the amount of liquidity and stimulus the government...