stocks

World Shares Dips With The Approved Stimulus Bill And Experts Warn Against Rising Inflation

World shares dipped on Monday as the U.S. Senate’s passage of a $1.9 trillion stimulus bill put fresh pressure on Treasuries and tech stocks with lofty valuations, raising inflation jitters, reports Reuters.

A quick surge in inflation 

These concerns overshadowed the prospect that stimulus would give another boost to the world’s No.1 economy, likely helping global growth rebound faster from the COVID-19 downturn.

Analysts expect a sharp acceleration in inflation, stoked in part by the latest...

https://mfame.guru/world-shares-dips-with-the-approved-stimulus-bill-and-experts-warn-against-rising-inflation/

Measures To Banish Stocks That Do Not Comply With Audit Rules

Lawmakers next week are likely to force Chinese companies with shares traded on American exchanges to finally comply with audit-oversight rules — or leave U.S. markets altogether, reports Morningstar.

Vote underway

House leaders plan to consider a measure on Wednesday that would force Chinese firms such as Alibaba Group Holding Ltd. either to make the transition to getting an annual audit that is reviewed by U.S. regulators or remove the shares from trading in the U.S.

The House plans to vote...

https://mfame.guru/measures-to-banish-stocks-that-do-not-comply-with-audit-rules/

Will This Christmas Promise a Miracle for the Stock Market?!

Christmas eve’s stock apocalypse was another buy-the-dip moment, reports Bloomberg.

It was the night before Christmas last year, the worst moment of Wall Street’s bleakest holiday season in decades. Staring at another 400-plus-point plunge in the Dow, its fifth in seven days, the Federated Investors fund manager worried he’d been too generous with presents for the kids.

“Market’s going the wrong way and you’re worried. ‘Hey, did I spend too much?”’ said Chiavarone, whose firm has around $530...

http://mfame.guru/will-this-christmas-promise-a-miracle-for-the-stock-market/

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