Sunil Sahil
Credit card debt, mortgages, and vehicle loans account for the majority of household debt in the United States. Many Americans experience financial instability as a result of this. In the third quarter of 2023, the total household debt reached $17.29 trillion, up 1.3% over the previous quarter, according to data from the Federal Reserve Bank … Read more
As investors anticipated the publication of a plethora of U.S. economic data later in the week, Asian equities were neutral on Monday. The benchmark Nikkei 225 for Japan fell 0.6% to close at 33,231.27. S&P/ASX 200 Australia gained 0.7% to close at 7,124.70. The Kospi in South Korea increased 0.5% to 2,516.89. The Shanghai Composite … Read more
Even though British American Tobacco (Malaysia) Berhad (KLSE:BAT) is not a large cap stock, its share price has moved significantly on the KLSE in recent months, hitting highs of RM10.04 and lows of RM8.94. Investors may have a better opportunity to enter the stock market and maybe purchase it at a reduced price during certain … Read more
What are the underlying tendencies we should search for in a stock that has the potential to grow over time? In an ideal scenario, a firm would increase the capital it invests in its operations and, perhaps, see an increase in the returns on that capital. This usually indicates that the organisation has a strong … Read more
For investors in mega-cap IT companies in particular, November proved to be an excellent month for the US stock market. The tech-heavy Nasdaq Composite increased by 10.7%, while the S&P 500 jumped by 8.9%. Since July 2022, this was the greatest month for the indices. The MSCI All-Country World index increased by 9% as a … Read more
Despite not being a large size company, PagerDuty, Inc. (NYSE:PD) has had a double-digit share price increase of more than 10% over the last several months on the NYSE. We would anticipate that any news that may affect the stock’s price has already been taken into account by the many analysts that follow the company. … Read more
Last week saw a rise in stocks, with the S&P 500 closing at 4,594.63, up 0.8%. As of right now, the index has gained 19.7% for the year, up 28.4% from its closing low of 3,577.03 on October 12, 2022, and down 4.2% from its record closing high of 4,796.56 on January 3, 2022. This … Read more
According to a study issued on Monday, the majority of business economists believe that even if the employment market eventually weakens due to rising interest rates, the U.S. economy might escape a recession in 2019. According to a poll conducted by the National Association for Business Economics, just 24% of economists said that a recession … Read more
Treasury bond yields increased across all tenors, with the benchmark 10-year bond trading at about 4.25%. Even after Powell stated the Fed is prepared to rise further if necessary and that policy is “well into restrictive territory,” US government bonds had surged on Friday as swaps priced in a cut by May. Gold, on course … Read more
The US manufacturing sector is still in contraction zone. * Pay attention to Powell’s address from the Fed. * The US rate futures price indicates a 56% possibility of a rate decrease in March. (Updates prices; adds new remark, bullets, byline, NEW YORK dateline, and FX table.) Written by Gertrude Chavez-Dreyfuss and Iain Withers December … Read more
