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Iran’s foreign minister warned the U.S. not to “tie their destiny” to the fate of Prime Minister Benjamin Netanyahu, and said Washington’s full support for Israel is “the root of insecurity in the region.””The U.S. should not, Mr. [Joe] Biden should not tie their destiny to the fate of Netanyahu,”…
By Carsten Brzeski, Global Head of Macro. When there is such a stark discrepancy between market expectations and official ECB comments as there is currently, every ECB preview should start with the question, ‘What will the ECB do at the next meeting to finally guide markets?’. This preview, however, starts…
Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Tuesday.Here’s what Wall Street expects:Earnings: $3.51 per share, according to LSEG, formerly known as RefinitivRevenue: $10.8 billion, according to LSEGTrading revenue: fixed income of $2.53 billion and equities of $2.22 billion, per StreetAccountInvestment banking revenue: $1.65 billion, per…
Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates.Embarking on longer detours around the Cape of Good Hope in South Africa have pushed ocean freight rates by up to $10,000…
Investment briefing Investors running money in equities this year should consider the industrials sector as a starting point in top-down security selection in our firm opinion. Our findings from Q3 2023 earnings illustrate the industrials sector held 8% notional value of the S&P 500 market capitalization weighted index towards the…
After a year defined by mass layoffs among Silicon Valley giants, technology workers are trading the prospect of high-growth equity and household-name employment for something more stable.According to 2023 data from tech interviewing platform Karat, non-tech enterprise companies successfully hire nine out of every 10 candidates they extend offers to,…
The Israel-Hamas war is affecting travel across the Middle East and beyond.International arrivals to the region grew in the fourth quarter of 2023 — mainly owing to an increase in visitors to Saudi Arabia — to a level that matched 2019 numbers, according to the travel data company ForwardKeys.But it’s…
Summary Realty Income Corporation (O / “Realty”), “The Monthly Dividend Company”, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. It “invests in people and places to deliver dependable monthly dividends that increase over time.” Its monthly dividends are supported by the cash flow from…
The Securities and Exchange Commission’s approval of 11 spot bitcoin ETFs this week could be a turning point for cryptocurrency investing.Ark Invest CEO and Chief Investment Officer Cathie Wood is behind one of the new ETFs. Her firm partnered with 21Shares to launch the ARK 21Shares Bitcoin ETF.”We really believe…
Wall Street analysts revealed bold predictions on four portfolio stocks this week, as investors digested the latest inflation data and December earnings season kicked off. Here’s a summary of each report, along with the Club’s updated take on each. Morgan Stanley Wall Street’s take: HSBC cut Morgan Stanley’s rating to…