The U.S. economy is speeding up again after a slowdown in recent months and cash could soon start rushing into stocks as most investors are underinvested in the markets globally, BlackRock Inc’s Chief Executive Larry Fink said on Tuesday.
“We still saw, as an industry and at BlackRock, outflows in equities and this is one of the reasons why I believe the market is getting set up for huge inflows into equities,” he said.U.S. stocks stumbled late last year due to fears about a global slowdown and about the potential fallout from U.S.-China trade tensions. A partial U.S. government shutdown and mixed economic data added to investor concerns earlier this year.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investors staying away from energy stocks despite Canadian oil’s huge rally‘When the underlying commodity doubles and the stocks up until recently have done nothing is a real source of frustration,’ says one senior portfolio manager Yet all running to the Saudi $100million bond offerring.. Trudeau feels Canadian energy companies are experiencing his policies differently
Source: nationalpost - 🏆 10. / 80 Read more »
The best U.S. and global dividend funds, TSX stocks feel the pinch of lower home sales, and should you borrow to buy stocks when the market falls?The best U.S. and global dividend funds, TSX stocks feel the pinch of lower home sales, and should you borrow to buy stocks when the market falls? GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »
Companies rush to produce pot products, without the cannabis plant itselfAn increasing number of licensed producers and biotechnology firms are moving towards synthetic production of THC and other cannabinoids in a lab, using ingredients such as sugar and yeast, eyeing the potential to produce these active compounds more cheaply than traditional cultivation and extraction. No thanks.
Source: CTVNews - 🏆 1. / 99 Read more »