Author name: munir-transfer

Auto and finance stocks can bounce back even if the market crashes in July

Concerns of a global slowdown have put a stop in the bull run in the IT and pharma sectors, but analysts have two new picks to choose from. While the auto sector has struggled and underperformed the benchmark Nifty 50 index, analysts believe easing supply-side pressures are bringing the shine back on this sector. Finance […]

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Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Equipment Leasing and Finance Association May New Business Volume Up 16 Percent Year-over-year, Down 10 Percent Month-to-month, Up Nearly 8 Percent Year-to-date WASHINGTON, June 24, 2022 (GLOBE NEWSWIRE) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the

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Inflation and rising interest rates have stressed the 60/40 investment portfolio strategy — 'but it's not dead,' says financial advisor

How a 60/40 portfolio strategy works The strategy allocates 60% to stocks and 40% to bonds — a traditional portfolio that carries a moderate level of risk. More generally, “60/40” is a shorthand for the broader theme of investment diversification. The thinking is: When stocks (the growth engine of a portfolio) do poorly, bonds serve

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Citigroup promotes Vassilios Maroulis to head up shipping sector coverage

Citigroup has promoted a long-serving dealmaker to lead its coverage of the global shipping industry. Vassilios Maroulis, a banker who has worked at Citigroup since 2005, has been named global head of shipping, a spokesperson confirmed to Financial News. His appointment was effective from 2 June. Maroulis was latterly head of shipping for Europe, the

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Jim Cramer Says Earnings Estimate Cuts Will Form an Investable Bottom; Here Are 3 ‘Strong Buy’ Stocks That Are Already Down 50%

As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. It’s a rosy picture, but it’s also not a sure thing. GDP contracted in Q1, by nearly 1.5%, and

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SEC chair urges ‘one rule book’ for crypto to avoid gaps in oversight

The chair of the US Securities and Exchange Commission is looking to strike agreements with other financial agencies to prevent cryptocurrency operators from slipping through the cracks of the US’s fragmented regulatory structure. Gary Gensler The Financial Times he was talking to his counterparts at the Commodity Futures Trading Commission about a formal deal to

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Parliament Cautions Regulators: UK Finance, Insurance Yet to Feel Full Brexit Impact

Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance ministry has proposed scores of changes to rules governing capital markets, company listings and insurance to exploit independence from EU regulation and create an

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Pan-Atlantic recession ‘increasingly likely’, warn economists

The risks of the US and Europe sliding into recession have picked up sharply, economists have warned ahead of the G7 summit that begins this weekend in Bavaria. Economists on both sides of the Atlantic told the Financial Times they had become pessimistic following the Federal Reserve’s decision to go big on rate rises to

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