National policies need to accelerate reforms that combine economic relief with measures to foster much more inclusive growth, writes Mohamed A. El-Erian.
U.S. stocks took a breather early Tuesday after the Dow industrials and the S&P 500 index ended at records in the first trading day after Easter, supported by evidence of a strong economic recovery from the coronavirus pandemic this year.
Metals and mining groups led London stocks into a broad rally on Tuesday, as European equities played catch-up with U.S. stocks after the Dow and S&P 500 hit record highs on Monday while trading was closed for Easter Monday in Europe.
Our call of the day, from The Bahnsen Group's chief investment officer, David Bahnsen, says investors may be blind to valuation risks for some of the most popular tech stocks.
The Consumer Financial Protection Bureau is moving to strengthen protections for struggling mortgage borrowers, including those with non-federally backed loans who have so far been excluded from nationwide Covid-related relief.