Reuters Asks Adam About What The Nuclear Tensions Mean For Stocks
Link: http://www.reuters.com/article/usa-stocks-idUSL4N1L24EE
Link: http://www.reuters.com/article/usa-stocks-idUSL4N1L24EE
Join Our Free Newsletter Here GLOBAL MARKETS-Stocks down on Fed official’s rate hike call; sterling rises 11:51am EDT (Recasts with U.S. trading session; changes byline; dateline previously LONDON) * Fed’s Bullard sees rate hike in 2015 Q1 as appropriate * Financial stocks slide on U.S. lawsuit vs Barclays * Sterling up, BOE fails to dampen…
“If we are going to enter another period of massive
economic slowdown, one would have to expect risk assets and the
S&P to underperform gold as well,” said Adam Sarhan, CEO of
Sarhan Capital, a consultant to institutional investors.
The anticipation of dire economic events, such as the
Standard & Poor’s downgrade on U.S. Treasury debt last Friday,
default by a euro zone country or problems in the European
banking sector, prompted investors to favor gold at the expense
of riskier assets.
“Right now, with the dollar and euro in trouble — people
are talking about the euro failing. If you have a ‘black swan’
type event with a major currency, people are going to flock
toward gold,” said Sarhan, using a term for a low-probability
economic shock that catches markets unprepared.
Published: Oct 24, 2014 3:25 p.m. ET Fears that the peak travel and shopping season will be affected by Ebola are contained, for now Wall Street doesn’t seem to be taking the potential collateral damage from the Ebola outbreak very seriously, even though it has hit very close to home. Maybe after a weekend of…
Tesla Teeters as Earnings Loom By Tomi Kilgore 11/5/13 With Tesla Motors Inc. teetering between two key technical levels, chart watchers say the electric-car maker’s earnings report could determine whether the stock speeds higher, or crashes, by as much as 40% over the next couple months. Tesla is technically still in a bull market, chart watchers say, but…
Tuesday, February 14, 2017 U.S. equities traded mixed Tuesday as investors digested testimony from the top Federal Reserve official. The Dow Jones industrial average chopped around the flatline, with Caterpillar contributing the most losses and Goldman Sachs the most gains. The S&P 500 slipped 0.1 percent, with real estate lagging. The Nasdaq composite also fell…
By Frank Tang NEW YORK | Mon Aug 2, 2010 4:01pm EDT NEW YORK (Reuters) – Gold was largely flat on Monday after an initial rally fizzled, as solid gains in equity markets driven by strong economic sentiment took a toll on the metal’s safe-haven appeal. Silver and platinum group metals rose sharply on better…