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As stocks suffer a December rout, Wall Street strategists bet on 2019 gainsBorn in the aftermath of one of the worst recessions in history, this bull market has come much further than many had expected. And as Wall Street prepares to ring in 2019, the prevailing mood appears to be uncertainty. 2300 comedy gold, not physical- they don't own any assets do they?
Source: MarketWatch - 🏆 3. / 97 Read more »
Wall Street’s really bullish on the stock market in 2019, but don’t get too excitedIf this soul-crushing climate has you lamenting your prowess at forecasting the direction of the stock market, wait until you see just how miserably the well-compensated Wall Street professionals have fared over the years. They are like weather forecasts host !!! Only thing they are right about is what the weather was like yesterday... This reminds me of the efficient markets hypothesis which in a nutshell means the market is random and cannot be predicted. Despite this fact, analysts will continue to predict the market as this gives investors more confidence. I wonder what analysts will predict for 2019 🤔 No shit
Source: MarketWatch - 🏆 3. / 97 Read more »
Unlike Trump, Macron will tax big tech companies Google, Apple, Facebook and Amazon from January 2019The so-called “GAFA tax” being proposed takes its initials from each of the major big tech companies that will be impacted.
Source: Newsweek - 🏆 468. / 52 Read more »