"We can shrug off an economic downturn, but if it starts to spill into companies' capacity to pay their debts, then that creates deeper problems. But it seems to me like the central banks are linking arms to find a way to insulate the credit markets from economic uncertainty," said Jack Ablin, chief investment officer at Cresset Wealth Advisors in Chicago. … [Read more...] about Dow registers biggest daily jump since 2009 on stimulus hopes
US stock indexes edged lower at the open on Thursday as growing Sino-US tensions and mixed retail earnings added to worries about the pace of a recovery from a coronavirus-fueled economic slump. … [Read more...] about Wall Street dips as trade tensions add to virus woes
The increasing rhetoric between Washington and Beijing has knocked Wall Street off multi-month highs, although the three main indexes still all rose around 3% for the week, fueled by optimism about an eventual coronavirus vaccine and the easing of virus-related curbs. … [Read more...] about Wall Street ends mixed as China-US tensions weigh
Gautam Shah feels Bank Nifty could drop even up to 17,000 levels if weakness continues'Expect Nifty to hit 12,300 by Diwali, start picking midcap stocks but avoid IT sector''Expect volatility in banking sector; auto, midcap index will see 1000-point recovery' … [Read more...] about ‘Risk of Nifty breaching 7,500 quite high, bearish on Bank Nifty’
Glickman got the computer bug early. One day, when he was around six, his mother asked him to change the batteries in a transistor radio. He wondered instead about the electronics inside. His mother was impressed by his curiosity, so she enlisted a family friend who was an engineer at Sperry Univac, an early computer company, to teach her son everything he knew. “By the time I was seven, I was building my own circuits,” Glickman says. “And by the time I was nine, I had built my own computer.” … [Read more...] about Can an artificial intelligence learn to beat the stock market?