christinelagarde
Commenting on vaccine-related optimism cooling down and today’s trading, Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and moreThe Vaccine-Related Optimism Cools DownThe major indices are all trading higher at midday despite a mixed morning session on Wall Street, but the Nasdaq continues to be decoupled from the Dow and the S&P 500. The tech sector and mega-cap tech stocks, in particular, bounced back following two negative sessions, as the vaccine-related optimism cooled down amid the continued exponential spread of the virus in the U.S. and Europe. The S&...
ValueWalk
The ECB held its monetary policy stance steady. Meanwhile, the U.S. fiscal deficit reached its all-time high. What does it all mean for the gold prices?Q2 2020 hedge fund letters, conferences and moreOn Thursday, the members of the Governing Council of the ECB met together to undertake monetary policy decisions. They decided to leave the interest rates and the conditions of the quantitative easing unchanged. This lack of action was widely expected, so attention shifted to the fresh economic projections and the Lagarde’s press conference. Importantly, the ECB lifted its growth forecast for 2020...
ValueWalk
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