Stocks Ascend on World Bank Forecast (Bloomberg)
The S&P 500 rose to erase losses incurred at the start of 2014, thanks to a bank rally and an increase in the World Bank’s global growth forecast. “It’s a true, cyclical, macro upswing that’s broad-based,” Jerry Braakman, chief investment officer of First American Trust in Santa Ana, California, said. “People who have reported have posted really solid numbers, specifically yesterday’s JPMorgan and today with BofA. Just tells us that when the banks are doing well, the economy is going well.”
let's see which category it takes... It takes Stock Investor that is the new Uncategorized
This content is for paid subscribers only. To gain access subscribe to one of our…
It is hard to find a seasoned investor who doesn’t believe the stock market is…
No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…
The Options Industry Council is a resource used to educate investors about the benefits and…