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Added on the 14/05/2019 08:22:56 - Copyright : Wochit
A Credit Suisse analyst says that if Joe Biden wins the US presidential election in November, it could spur a 'knee-jerk' pullback in the stock market of 5%. According to Markets Insider, senior investment strategist Suresh Tantia said that was due to the Democratic nominee's stance on corporate taxes. However, Tantia said investors should look at such a pullback as a buying opportunity, as Fed support will keep driving markets after the election. The central-bank support is not going anywhere. The Fed is going to keep rates lower for longer, similar to other central banks. Suresh Tantia, Senior Investment Strategist Credit Suisse Tantia's tip for traders? Investors should seek out equities in Asian markets, as they are cheaper than US stocks and have strong earnings.
Seoul, Mar 4 (EFE/EPA).- The benchmark South Korea Composite Stock Price Index (KOSPI) on Thursday fell 39.50 points, or 1.28 percent, to close at 3,043.49. (Camera: JEON HEON-KYUN).SHOT LIST: SOUTH KOREAN DEALERS WORK IN FRONT OF MONITORS AT THE HANA BANK IN SEOUL, SOUTH KOREA.
Tokyo, Feb 26 (EFE/EPA).- The main Tokyo Stock Exchange index, the Nikkei, on Friday fell 722.10 pionts, or 2.39 percent, to close at 29,446.17 in the morning session, pressured by an overnight Wall Street sell-off. (Camera: FRANCK ROBICHON). SHOT LIST: PASSERSBY WALK PAST STOCK MARKET INDICATOR BOARDS IN TOKYO, JAPAN.
New York, Jan 27 (EFE/EPA).- Gaming retailer GameStop's shares continued to skyrocket on Wednesday in New York, as an army of amateur traders are beating Wall Street's sophisticated investors at their own game. The electronic game retailer has seen its stock price soar from $3.25 in April 2020 to close at $347.51 on Wednesday.The company has drawn interest from investors in online chat groups and created as much as $3 billion in value losses for short sellers. (Camera: ALBA VIGARAY). B-ROLL OF GAMESTOP STORES AND WALL STREET IN NEW YORK, US.