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The survey's gauge of current economic conditions edged up to a reading of 90.6 from 89.4 in May. Its measure of consumer expectations rose to 83.8, the highest since February 2020, from 78.8.
Funds bet on a consumer boom to rival ‘Roaring Twenties’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, restauran… Read MoreBuy or Sell: Stock ideas by experts for March 26, 2021
from Stocks-Markets-Economic Times https://ift.tt/2QGKbSY
… Read More‘Unprecedented’: Wall Street ponders Goldman’s block-trade spreeSeveral major investment banks with ties to hedge fund Archegos Capital Management LLC liquidated holdings, contributing to the slump in share prices of ViacomCBS and Discovery.
from Stocks-Markets-Economic Times https://ift… Read MoreGoldman sells $10.5 billion of stocks in block-trade spreeThe selling spree erased $35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media conglomerates.
from Stocks-Markets-Economic Times https://ift.tt/39iiMwT
… Read MoreJSW Steel transfers Rs 19,350 cr to complete acquisition of BPSLJSW Steel was chosen the winning bidder for BPSL’s assets in September 2019, and the resolution plan was approved by NCLT soon after. The company offered to pay Rs 19,350 crore to the financial creditors, with the lenders tak… Read More
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