China’s Economy grows by 6.9 percent in ’17

Industrial output continues at brisk pace, climbing year-on-year China’s economic growth beat forecasts to reach 6.9 percent year-on-year in 2017, marking the first acceleration since 2010 despite financial regulatory tightening and measures against pollution that affect growth. Analysts said as growth stabilizes, the country will strengthen regulations and reforms to pursue high-quality development. GDP growth in… Please follow and like us:

Read More

Bull Market Should Run Another 3 Years: Goldman

Goldman Sachs says the bull market in U.S. stocks should continue for another three years. In its latest market outlook, Chief U.S. Equity Strategist David Kostin is forecasting a 15% gain in the S&P 500 over that period with a target of 3,100 by the end of 2020 and a 7% gain in the index this… Please follow and like us:

Read More

Former White House Strategist Bannon Out as Breitbart Chairman

Former White House chief strategist Steve Bannon is out as executive chairman of Breitbart News Network, following nearly a week of “Fire and Fury” after the former presidential adviser’s remarks to author Michael Wolff were published. Bannon had been Breitbart chairman since 2012, except for the time he worked for President Donald Trump as chief strategist.… Please follow and like us:

Read More

Kushner Real Estate Company Investigated By SEC

The real estate company run by the family of White House senior adviser Jared Kushner is under investigation by the Securities and Exchange Commission for its use of a federal visa program, according to a Wall Street Journal report. The SEC issued a subpoena to the company, Kushner Companies, requesting information regarding its use of the… Please follow and like us:

Read More

US existing home sales, prices surge in November

The US housing market continued to boom in November, with existing home sales rising for the third straight month to the highest level in nearly 11 years, according to data released Wednesday. The multi-year streak of rising prices and falling inventories also continued, adding to concerns about affordability for would-be home owners, the National Association of… Please follow and like us:

Read More

New York City isn’t ready for the catastrophic floods in its future

We’re running out of time to figure this out. The Manhattan waterfront. Flickr user Glenn Wedin New York City was not built to withstand an onslaught of floodwater. Much of the city is protected only by sand dunes, vegetation, or low walls. New York’s flood zones are packed with more than 400,000 residents and $129 billion… Please follow and like us:

Read More

China’s tough measures rid property market of speculation fever

BEIJING – China’s property market is expected to cool in the fourth quarter as real estate investment growth faltered, monthly property sales value dropped and home prices declined in hot spot cities, economists said. The property market remained stable in October, with new residential housing prices seeing slower growth year-on-year in 13 of the 15 major… Please follow and like us:

Read More

These Are the Biggest Threats to Investors, State Regulators Say

State securities regulators will be busy policing new and emerging scams in the new year. The North American Securities Administrators Association has just released its annual survey of state securities regulators’ top five current investment practices, products or schemes they’ve encountered over the past year as well as what they see as “emerging” threats in the… Please follow and like us:

Read More

It Ain’t Over Till It’s Over: 4 Trends Driving REIT Valuations

It has been an eight-year run for equity real estate investment trusts, returning almost 450% to investors, or roughly 20% per year. The broader equity market has also been on a tear, returning roughly 350% during the same period. Relatively easy monetary policy persists, credit spreads remain tight and the U.S. economic expansion is almost 100… Please follow and like us:

Read More

Investors Pile Into Industrials Following Largest Outflows Ever

Last week I covered Bank of America’s weekly client flow trends report for the week ending 17 November, where the main takeaway was that private investors have started buying stocks again. Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on… Please follow and like us:

Read More

Warsaw a winner when it comes to attracting big business

Key facts about Poland: 38.4 mln inhabitants in Poland 239,500 students in the year 2016/2017 Warsaw ranks n°1 in Poland in terms of investor satisfaction 40% of Warsaw inhabitants speak English, nearly 20% speak at least two foreign languages Located right in the heart of Europe, Warsaw is poised to compete with the continent’s best cities… Please follow and like us:

Read More

Millennials Really Dig Bitcoin

Millennials Really Dig Bitcoin It’s become fashionable to malign millennials for killing everything from dinner dates to department stores. If the results of a recent survey are anything to go by, there’s another victim that can be added to that lengthy list – fiat currency. According to a newly released survey, over 50 percent of millennials… Please follow and like us:

Read More

Walmart’s latest experiment: Higher prices online than in stores

Walmart is trying out a new pricing strategy that could penalize you if you’re an online-only shopper of Walmart.com. RELATED: Vegetables sold at Aldi, Walmart, Trader Joe’s recalled Walmart’s new online vs. in-store pricing experiment According to the Wall Street Journal, Walmart has a new price experiment underway that you need to know about. Here’s the… Please follow and like us:

Read More

UK house price growth peters out, London weakest since 2009

New residential homes are seen at a housing estate in Aylesbury, Britain, February 7, 2017. [Photo/Agencies] LONDON – House prices in Britain are no longer rising and are falling in London at their fastest pace since 2009, the Royal Institution of Chartered Surveyors said on Thursday, citing political worries and last week’s Bank of England interest… Please follow and like us:

Read More

China’s forex reserves rise for 9th straight month

BEIJING — China’s forex reserves rose for the ninth month in a row in October as pressure of capital outflow continued to ease, data from the central bank showed Tuesday. Forex reserves had amounted to $3.1092 trillion by the end of October, up $703 million from a month earlier, according to the People’s Bank of China,… Please follow and like us:

Read More