MORGAN STANLEY: Stocks could fall another 9% as the new bull market faces a rising tide of risks - and these 2 cyclical sectors are the best long-term trades to take advantage of
Markets are poised to face increased volatility with one week left before the US presidential election. While Joe Biden, the Democratic nominee, has enjoyed a healthy lead in polls, some analysts fear that a closer race could lead to a contested election and market chaos. Not all economic data published Tuesday pointed to fresh weakness. US durable-goods orders grew 1.9% in September, the Census Bureau said in a preliminary report. Economists surveyed by Bloomberg had expected orders to climb by just 0.5%. The reading joins other reports suggesting the economic recovery is stable and may not require more stimulus to continue.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Hello, guys I'm video promoter. I'm Expert in YouTube promotion, Spotify Promotion, Soundcloud promotion, Tiktok promotion and Social media any side. Please give me one chance. I will try my best service for you. This is my Fiverr gig link
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin is like 'digital gold' and won't be used the same as a traditional currency in at least 5 years, billionaire investor Mike Novogratz says | Currency News | Financial and Business News | Markets Insidernicoleperlroth No, BTC is not 'digital gold'. There are massive, marked differences between the two: you forget to tell us about assets support of this 'digital gold'
Source: BusinessInsider - 🏆 729. / 51 Read more »
U.S. stock market braces for rocky week ahead of contentious U.S. electionWall Street faces a rocky run-up to Election Day, with mounting worries about the outcome in Washington adding to nerves about the coronavirus pandemic and fading chances of stimulus. A fall is inevitable. People must be shitting themselves Biden’s Socialism will wreck the already fragile US economy. A rocky stock market you say? Man, I've got no idea what that feels like...
Source: Reuters - 🏆 2. / 97 Read more »
U.S. agency needs new powers to protect local news industry: senatorThe U.S. Federal Trade Commission needs new powers to protect the struggling U.S. local news industry from unfair competition from large technology companies, a senior U.S. lawmaker said. The Senator lost me at “needs new powers” New Media REGULATOR? IN A REPUBLICAN PARTY? I always thought Americans were so super crazy that surely a Hitler would be shot or blown up long before the vote. Little did I know, the crazy leaned Hitler (white Supremacy) FakeNews
Source: Reuters - 🏆 2. / 97 Read more »