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Showing 41 - 50 of 3830 results for "Wall St"

CPP Investments chief steps down

KARREN VERGARA  |  MONDAY, 1 MAR 2021
The chief executive of the Canada Pension Plan Investment Board (CPP Investments) has exited the top job amid reports he left the country to receive a COVID-19 vaccination. CPP Investments announced that Mark Machin resigned shortly after he "decided ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
"I think I can make it now, the pain is gone All of the bad feelings have disappeared Here is the rainbow I've been prayin' for It's gonna be a bright (bright), bright (bright) Sun-shiny day." -- Johnny Nash, "I Can See Clearly Now" Do you ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
The latest GDP growth updates show that the world's major economies remain in contraction (in year-on-year terms) at the end of 2020 and despite the roll-out of vaccines, the COVID-19 pandemic (and now its variants) remain with us, triggering stop-and-go ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
Talk about perfect timing. The US Bureau of Labor Statistics' (BLS) disappointing update on the state of employment in America couldn't have come at a more opportune time - the time when fresh president of the US, Joe Biden, is bidding the Congress ...

Bezos steps down at Amazon

JAMIE WILLIAMSON, ELIZA BAVIN  |  WEDNESDAY, 3 FEB 2021
Jeff Bezos will step down as chief executive later this year, transitioning to the role of executive chair. Announced in Amazon's full year 2020 results, chief executive of Amazon Web Services (AWS) Andy Jassy will take over as chief executive in Q3 ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
Wall Street's down. Repeat, Wall Street's down! The CBOE VIX index - the fear gauge - jumped by 9.5% in the last trading day of the first month of 2021 to 33.09 points, marking the highest since the renewed COVID-19 outbreak in Europe that subsequently ...

Morningstar introduces new platform

KARREN VERGARA  |  FRIDAY, 15 JAN 2021
Morningstar has launched a new platform that helps advisers, traders and market analysts stay on top of market movements. Morningstar Market Monitoring provides real-time data, market insights and newsfeeds. The platform has 40 configurable web components ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...