Month: September 2020

U.K. assets are too hot to handle right now, top investors say

Investment heavyweights have warned that international investors will continue to shun the U.K. until the dual threat of a hard Brexit and a Labour government led by Jeremy Corbyn can be completely discounted. Investors have avoided the U.K. amid uncertainty over the country’s future relationship with the European Union. Net outflows since the referendum vote…
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Wall Street’s top analysts are recommending stocks like Uber and Lovesac amid market volatility

How can you pinpoint compelling investing opportunities in the current environment? Stocks tumbled for the week in a tech-led selloff after reaching record highs. However, even after the pullback, the S&P 500 has still surged almost 15% on a one-year basis. That means there’s still room to fall. Indeed as IHT Wealth Management’s Yussef Gheriani…
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Trump’s unemployment program pays up to $1,800 in extra benefits to workers who qualify

Most unemployed workers will get up to $1,800 in extra jobless benefits through the Lost Wages Assistance program created last month by the Trump administration. The program pays a $300-a-week federal subsidy on top of the unemployment benefits workers currently receive. It follows the lapse of a $600 weekly supplement in late July. States, which…
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JPMorgan creates new team to trade shares of pre-IPO giants

JPMorgan Chase thinks it’s found the next hot market for investors:  Taking stakes in giant, pre-IPO start-ups from SpaceX to Airbnb. The investment bank is launching a new team to connect sellers and buyers in the burgeoning market for private company shares, according to Chris Berthe, JPMorgan’s global co-head of cash equities trading. He’s lured…
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