Market Blog

Wall Street takes a Pause, Looks for Signals from Stalled Stimulus Talks

Traders on Wall Street, expecting a stimulus over the last few weeks, were disappointed again as there was no clarity whether a deal could be sealed before the Presidential election on November 3. Last week saw tech stocks dragged down after Intel’s numbers were announced while the Department of Justice moved ahead with its biggest case since the one it filed against Microsoft two decades ago. Top Stories this Week

Petting Big: Coronavirus Impact on U.S. Pet-Care Stocks

Even as the novel coronavirus ravaged global economies, some business segments have witnessed stellar growth during the ongoing healthcare crisis and resulted in healthy returns for investors of these stocks in 2020. One such example is the pet-care industry in the United States. More Americans bought or adopted pets during the coronavirus-induced restrictions and stay-at-home orders, a trend reportedly last seen during the last financial crisis when robust pet ownerships

Wall Street Performance During Past Election Years

For stock markets in the United States, 2020 so far has been a very volatile one. From scaling record highs in January to nosediving to multi-year lows around March to staging a stunning recovery to hit fresh peaks around September this year — all of these have happened in just a span of 10 months. To give you a little perspective, the CBOE Volatility Index (VIX), which measures the volatility,
Market Blog

Stimulus Setback and Pandemic Factors Weigh in Heavily on Wall Street

Markets meandered through the middle of the earnings season as September retail sales gave it the confidence that America's economic engine – spending by its consumers – was intact. The IPO market continues to be hot with a slew of mortgage companies looking to tap the market at a time when housing demand is looking strong. Too many outside factors – looming Presidential elections, rising coronavirus cases, and others -
Market Blog

Stimulus Hopes Drive Wall Street Rally

Traders kept one eye on the Congress this week as they hoped for a deal on the size of the stimulus package. IBM’s decision to split into two companies sent its shares higher up as it pushed for cloud business. ExxonMobil lost its position as the biggest U.S. oil company as the nature of the energy business is undergoing change. Top stories this week  Stimulus hopes drive weekly gains for

ADRenaline Rush For Your Portfolio

A look at ADRs as an investment mechanism, along with the benefits and risks associated with the financial instrument. With the S&P 500 recording its biggest August gain since 1986, Wall Street’s rally in September came to a juddering halt on worries about the country’s economic recovery and deteriorating relations between Beijing and Washington. In fact, major indexes reported their first monthly decline in September since March, when a pandemic-led crash plunged the markets

Understanding TCS on Foreign Remittance

In latest news for investors putting their money in global stock markets, fresh amendments have been introduced to the Finance Bill, 2020. A new provision, under the Liberalised Remittance Scheme (LRS), will come into effect from 1st October 2020, and it would levy a TCS (Tax Collected at Source) at a rate of 5%. This would affect incoming fund transfers to your international investment account and the rate would be
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GRANOLAS May Give Investors a Bite into European Market Leaders

With steady cash flow, the dividend could make these companies winners. It has nothing to do with the munching bar you know. But it is called GRANOLAS. If you eat them at breakfast, it still is not GRANOLAS. For equity market investors, though, it is certainly food for thought. GlaxoSmithKline. Roche Holding. Nestle. L’Oréal. LVMH. Novartis. Novo Nordisk. ASML. AstraZeneca. SAP. Sanofi. These companies, leaders in their own right, make
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Portfolio Diversification by Investing in ETFs

Investors often try to optimize their portfolio through diversification. In a nutshell, diversification is a process of allocation of the corpus in a portfolio, across a variety of investments. By doing so, investors tend to limit their risk of exposure to a single asset or asset type. Through strategic and thoughtful diversification, investors can reduce the overall risk associated with their investment portfolio. Benjamin Graham, widely regarded as Warren Buffett's
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Hedging In Gold During A Recession

The global economy is currently under pressure and the impact of Coronavirus pandemic has been widespread and severe. Signals from financial markets and global think-tanks, all seem to point towards a recession. Earlier in the month, the International Monetary Fund (IMF) projected that the coronavirus outbreak will drive a "Great Lockdown" that is poised to be the worst recession in nearly a century. In its latest World Economic Outlook report,