Source: PaxForex Premium Analytics Portal, Fundamental Insight General Electric shareholders could be understood for assuming that the business has already bounced back from the bottom. After all, the company's stock is up 83% over the past quarter. Nevertheless, it should be noted that the price is still down 3% from a year ago. So, the company's stock may be significantly more expensive in 2021 as well. Let's take a closer look at this industrial giant and see what GE has to do to succeed in 2021. The argument for investing...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US only vaccinated 1,000,000 in December, well short of its goal of 20,000,000. Healthcare officials warn of another spike in infection over the next few weeks due to the holiday seasons and general disregard for social distancing and face masks. Economic data around the world confirms a slowing economy, and trillions of dollars worth of stimulus are depleted. Governments added to an unsustainable debt load and miscalculated the resilience of the Covid-19 pandemic. With...
Source: PaxForex Premium Analytics Portal, Fundamental Insight It`s well-known that Citigroup`s altering CEOs and its banking procedures are under close supervision. If Democrats take over the Senate, there could be new rules and higher taxes. Nevertheless, the bank has said that it plans to start buying back shares next year, after receiving approval from the Federal Reserve. Is there a reason to buy C shares now? CEO Mike Corbat will retire next year, and Jane Fraser will succeed him. She will become the first female CEO of a major Wall...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Japanese Leading Index for October was reported at 94.3, and the Final Japanese Coincident Index was reported at 89.4. Economists predicted a figure of 93.8 and 89.7. Forex traders can compare this to the Japanese Leading Index for September, reported at 93.3, and to the Japanese Coincident Index, reported at 84.8. US Initial Jobless Claims for the week of December 19th are predicted at 885K, and US Continuing Claims for the week of December 12th are predicted at 5,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Verizon is about to make deep connections with both customers and investors. As more customers move to 5G-enabled devices, Verizon should finally begin to profit from its 5G investments. Moreover, Verizon, T-Mobile, and AT&T have formed an oligopoly in the U.S. to provide this service. As more and more individuals, businesses, and gadgets move to 5G networks, Verizon must continue to generate stable, substantial yields for shareholders. Verizon has fully transitioned to 5G...