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Personal-prison inventory hits two-year excessive as analysts cite potential for extra detention beds, detention optionsPersonal-prison inventory hits two-year excessive as analysts cite potential for extra detention beds, detention options

Personal-prison inventory hits two-year excessive as analysts cite potential for extra detention beds, detention options

[ad_1] Shares of private-prison operator GEO Group Inc. jumped to their highest degree in roughly two years on Tuesday after…

3 years ago
Most deeply inverted Treasury curve in additional than 4 a long time has one upbeat takeaway for buyersMost deeply inverted Treasury curve in additional than 4 a long time has one upbeat takeaway for buyers

Most deeply inverted Treasury curve in additional than 4 a long time has one upbeat takeaway for buyers

[ad_1] One of many bond market’s most dependable indicators of impending U.S. recessions is pointed in a fairly pessimistic course…

3 years ago
‘Wealth impact on steroids’: This is the potential fallout from $22 trillion misplaced by traders this yr, in keeping with BofA‘Wealth impact on steroids’: This is the potential fallout from $22 trillion misplaced by traders this yr, in keeping with BofA

‘Wealth impact on steroids’: This is the potential fallout from $22 trillion misplaced by traders this yr, in keeping with BofA

[ad_1] Financial institution of America says a “wealth impact on steroids” could influence the U.S. economic system on account of…

3 years ago
Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: reportCrypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: report

Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: report

[ad_1] Simply hours after submitting for Chapter 11 chapter in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit…

3 years ago
Dow down by greater than 500 factors as Fed officers level to extra fee hikes, China protests rattle marketsDow down by greater than 500 factors as Fed officers level to extra fee hikes, China protests rattle markets

Dow down by greater than 500 factors as Fed officers level to extra fee hikes, China protests rattle markets

[ad_1] U.S. shares tumbled on Monday as protests in China raised the dangers to world progress and Federal Reserve coverage…

3 years ago
Power shares look ‘particularly susceptible’ to crude-oil selloffPower shares look ‘particularly susceptible’ to crude-oil selloff

Power shares look ‘particularly susceptible’ to crude-oil selloff

[ad_1] One thing seems unsuitable with the chart evaluating power shares with crude-oil costs, as what was a near-100% correlation…

3 years ago
China EV ‘honeymoon’ is ending, Jefferies says; XPeng inventory downgradedChina EV ‘honeymoon’ is ending, Jefferies says; XPeng inventory downgraded

China EV ‘honeymoon’ is ending, Jefferies says; XPeng inventory downgraded

[ad_1] The “honeymoon stage” for electrical autos in China is coming to an finish, analysts at Jefferies stated in a…

3 years ago
Inventory market might see ‘fireworks’ by means of the top of the 12 months as headwinds have ‘flipped,’ Fundstrat’s Tom Lee saysInventory market might see ‘fireworks’ by means of the top of the 12 months as headwinds have ‘flipped,’ Fundstrat’s Tom Lee says

Inventory market might see ‘fireworks’ by means of the top of the 12 months as headwinds have ‘flipped,’ Fundstrat’s Tom Lee says

[ad_1] A number of headwinds that pummeled the inventory market in 2022 have changed into tailwinds, setting the stage for…

3 years ago
‘We see main inventory markets plunging 25%,’ says Deutsche Financial institution‘We see main inventory markets plunging 25%,’ says Deutsche Financial institution

‘We see main inventory markets plunging 25%,’ says Deutsche Financial institution

[ad_1] A U.S. recession induced by central-bank efforts to curb inflation is more likely to arrive by mid-2023 and set…

3 years ago
Activision inventory appears undervalued with or and not using a Microsoft deal, says analystActivision inventory appears undervalued with or and not using a Microsoft deal, says analyst

Activision inventory appears undervalued with or and not using a Microsoft deal, says analyst

[ad_1] Activision Blizzard Inc.’s inventory worth has been swept up within the hypothesis round whether or not Microsoft Corp. will…

3 years ago