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This is todays Worldwide Exchange. Im ross westgate. European stocks plunge as the prospects of political gridlock in italy sends jitters through the market. Italian banking stocks leading the way lower. The center Left Coalition win tess lower house, but no one has secured an obvious majority in the senate. Sylvia berlusconi has hinted he could be open to an alliance. Japans big exporters like sony and rico take it on the chin. And ben bernanke heads to capitol hill today to try to provide some soothing words about fed policy and calm investors fears about weak global growth. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Welcome to todays program. Were over an hour of trade in europe. The voft majority of the dow jones ....
Kass: Here Are My 15 Surprises for 2021 2021 could be a year in which the S&P Index shows little movement in the first half, but market pressures might mount over the last six months. Dec 29, 2020 | 06:00 AM EST Like Diogenes with his lantern, I am, again in 2021, a cynic looking for truth (and an honest investor) - as I engage in my annual assault on the consensus and Group Stink. The politics of 2020 initially set the stage for the markets and the global economies but it was Covid-19 (and the policy responses) - a Black Swan and virus that no one expected - that framed the markets throughout the year. NO ONE expected the magnitude and swiftness of the recovery of the capital markets to all-time highs in December, 2020 as multiples reset higher based on the confidence in a ....
Doug Kass' 15 Surprises For 2021 zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.