Goldman Pumps Stock Market With Some FOMO, But You Shouldn’t Listen
Goldman is encouraging investors to put more money into the stock market, as it expects equities to outperform bonds over the next year.
europe
Here’s the Biggest Sign the U.S. Stock Market Is in a Bubble
Here’s the biggest sign we are in a bubble: U.S. tech companies now have a bigger market cap than the entire European stock market.
Airline Stocks Fly Into Turbulence With Europe’s New Travel Curbs
Airlines are declining. Airline stock prices are struggling to recover to pre-March levels, with most dropping by 50% to 60% in four months.
Spain’s Coronavirus Explosion: A Terrifying Omen for Europe
The European Union finally moves to restrict travel into the continent. But the move is too late to prevent massive community spread, especially in Spain.
Fact Check: Do US Travelers Need a Visa to Visit Europe?
In the onslaught of fake news allegedly stemming from U.S. media sources, readers can now add another mark to their expanding chalkboard. Late last week, it was reported that Americans would be required to apply for visas beginning in 2021 if they wanted to visit Europe. U.S. citizens could apply through what’s known as the … Read more
Is Euro in Big Trouble? After Deutsche Bank’s Failure, French Giant BNP Warns ‘Extreme Market Conditions’
With newly released data showing slower growth in the euro-zone, the struggle of Deutsche Bank, and BNP Paribas cutting $683 million in expenses, the euro may be in deep trouble. In the last quarter of 2018, a period in which even U.S. banks underperformed, the global markets division of BNP Paribas recorded a $256 million … Read more
Why China’s Economic Slowdown Could Trigger a Full-Blown Global Recession
By CCN.com: According to new figures from the International Monetary Fund (IMF), the European Central Bank (ECB), and the Chinese government, Europe and China are continuing to struggle following a poor year of growth in 2018. ECB President Mario Draghi said on January 24 that downside economic risks could pose a threat on the economy … Read more
Elon Musk Sees Boost Amid Cost-Cutting, Layoffs as Europe Clears Tesla to Sell Model 3s Next Month
By CCN.com: Tesla has been granted the go-ahead to begin selling its mass-production, low-cost electric car in Europe. Beginning February, Tesla will be able to sell the long-range version of the Model 3, per Bloomberg. From Tesla’s website, the long-range model runs for 310 miles on one full charge. Permission was granted by the Dutch … Read more
7 Major EU Countries to Go Big on Blockchain: What It Means for Crypto
On December 4, seven EU countries led by Malta and France have established a group called the “Mediterranean seven” to encourage and promote the usage of blockchain technology. In the months to come, the seven countries that include France, Italy, Spain, Malta, Cyprus, Portugal and Spain, will work to implement the blockchain in education, transport, … Read more