This is what traders are talking about.
School children and a man carrying food aid cross a river after Cyclone Idai at Coppa business centre in Chipinge, Zimbabwe.Members of Parliament have voted in favor of holding a series of"indicative events" designed to guide the UK government on its next steps for Brexit.The US is able to"finance relatively good growth at artifically supressed interest rates," which will lead to asset bubbles and not a recession, according to Tom Porcelli, RBC's chief US economist.
A Wall Streeter who called the last stock-market meltdown explains how investors could be falling into a trapTraders have historically believed that strong profit growth means a bright future for a company's stock, but that's not the case says Ed Clissold, the chief US equity strategist at Ned Davis Research.The ride-sharing app has agreed to pay $3.1 billion for Careem — $1.4 billion in cash and $1.7 billion in convertible notes — its Middle Eastern rival.
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