Funding & Business
Staying Bullish on US Equities, BlackRock's Powell Says
Ben Powell of BlackRock Investment Institute says the advice is to “stay bullish” on US equities, particularly the American “AI mega forces.” He also tells Bloomberg Television that the Federal Reserve “will start cutting probably next week.”
(Source: Bloomberg)
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US Deputy Secretary of State Christopher Landau on Sunday expressed regret over the recent detention of hundreds of South Korean workers in Georgia.
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China’s new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market currencies, as investors brace themselves for lower US interest rates.
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UBS Group AG executives recently met with officials from President Donald Trump’s administration as they evaluate a potential strategy shift that could help the Swiss bank combat stiffer capital requirements at home, the New York Post reported on Sunday.
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