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Investors from Aberdeen Standard Investments Inc. and GAM Investments to UBS Asset Management are increasingly pouring money into companies where face-to-face interaction is the norm -- things like travel companies, restaurants, off-line shopping and “consumer experiences.”
Bull Run Loses Steam as FPIs Go on Selling SpreeForeign portfolio investors (FPIs) extended their selling to a second day, raising concerns that the strong bout of inflows that pushed the market to record highs could be over for the moment.
from Stocks-Markets-Economic Ti… Read MoreWall Street closes on a mixed note, dollar advances on COVID-19 concernsEquity markets have scaled record highs in recent days on bets vaccines will start to reduce infection rates worldwide and on a stronger U.S. economic recovery under President Joe Biden.
from Stocks-Markets-Economic Times ht… Read MoreWith a year to run at Fed, Powell aims to avoid past QE mistakeThen a Fed governor, Powell was among those leading the charge to scale back the central bank’s quantitative-easing programme —a stance that led to the economically debilitating and market-wrenching taper tantrum of 2013.
fr… Read MoreAsian stocks set for soft start, dollar mostly steadyThe choppy trade reflected concerns about new strains of the deadly virus, along with uncertainty about the $1.9 trillion U.S. fiscal stimulus plan that has hit opposition from Republicans in Congress.
from Stocks-Markets-Ec… Read MoreBubble fears everywhere but all investors can do is keep buyingExchange-traded U.S. equity funds took in $7 billion last week, led by strategies tracking the hottest themes from solar power to robotics.
from Stocks-Markets-Economic Times https://ift.tt/39hoyPM
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