[ad_1] India’s widening trade gap and capital outflow are posing new risks for the rupee, just as the currency’s fall to a record low adds to the problem of inflation. “India’s external balance is deteriorating,” economists at Goldman Sachs Group Inc wrote in a note on Thursday. citing a setback in terms of trade from […]
US Stocks: Wall Street Week Ahead: US stock investors brace for more pain in second half of 2022
[ad_1] NEW YORK: With US stocks marking the worst first half of the year in more than 50 years, investors are studying a number of metrics to determine whether the coming months could bring relief, or more. Either way, the first half of 2022 has been challenging for investors. The S&P 500 is down nearly […]
BSE Midcap Index: Mid- and small-caps have more pain in store
[ad_1] Mumbai: Pennies Recommending managers and equity analysts investors Might be in store as a sharp correction to stay away from mid- and small-cap stocks. Share prices of smaller companies have been under pressure in recent months, leading to a fall in equities departmentsMany retail investors may be hesitant to bring fresh money into schemes […]
Revlon Inc.: Revlon files for bankruptcy facing high debt, supply chain pain
[ad_1] Revlon Inc. filed for Chapter 11 Unable to manage its huge debt load amid bankruptcy, supply chain crisis and high inflation. The billionaire-owned cosmetics giant Ron Perelman sought court protection in the southern district of New York, and listed both assets and liabilities up to $10 billion, according to court papers. Chapter 11 filings […]
Death Cross: Nifty metal forms a death cross; Brace for further pain!
[ad_1] The trend has changed for metal stocks. After a massive outperformance last year, the metal counters are fast melting, so much so that the BSE Metal Index remains one. death cross on Tuesday. The index settled at a 52-week low of 16,901.9, down 29 per cent from its 52-week high of 23,742.99 in two […]
China: Oil consumers face heat of pain as China begins to back into market
[ad_1] oil bull starting to imagine a world in which ChinaThe engine of demand growth, comes back to the market. And if his analysis is correct, summer is about to be painful for oil consumers everywhere, who are already facing rising prices – whether it’s Americans paying $5 a gallon of gasoline, or Brits paying […]
Wall St. Weeks Ahead – Dashed Peak Inflation Expectations Cause More Pain for Stocks and Bonds
[ad_1] Blistering inflation threatens to resume double decline in US shares And bondleaving investors to hide from a few places a federal Reserve Which is on the verge of tightening its most aggressive policy in decades. Friday indicated what investors could expect to see in the coming weeks. The benchmark S&P 500 index fell nearly […]