The U.S. stock market has rebounded mightily in recent months but Howard Marks cautions investors to brace for a tough slog in the economy, and that’s even if a fresh fiscal stimulus package can be passed by Congress to help heal the coronavirus-stricken business climate.
The U.S. stock market has rebounded mightily in recent months but Howard Marks cautions investors to brace for a tough slog in the economy, and that’s even if a fresh fiscal stimulus package can be passed by Congress to help heal the coronavirus-stricken business climate.
BlackRock Chairman and CEO Larry Fink, in an interview on CNBC on Tuesday, shrugged off the bearish impact a potential winter coronavirus wave could have on the stock market.
Apple unveiled the high-end iPhone 12 Pro and iPhone 12 Pro Max devices at a virtual launch event Tuesday. These phones will support 5G connectivity, along with the iPhone 12 mini and iPhone 12 devices that Apple announced earlier in its presentation.
The International Monetary Fund on Tuesday scaled back its expectations for 2021, and that’s the outlook that a trio of analysts endorsed as they discussed how the coronavirus pandemic has weighed on the world economy.
Thousands of workers at seven Amazon fulfillment centers in Germany are set to strike during one of the tech giant’s busiest weeks, over working conditions and wages.