Tuesday, April 30, 2024
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With ‘V-Shaped’ Rebound – Did the Stock Market Hit Bottom in Q2 2020?

After four months of a downtrend, Citi Private Bank’s strategists say global activity rebound is “extremely sharp, V-shaped in fact.” Weekly indicators show a clear rebound in corporate revenues, which means the stock market likely bottomed out in Q2. Rising liquidity, strengthening economy, and growing business productivity could catalyze stocks in the

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Bitcoin Jumps as US Stock Futures Rebound after Coronavirus-induced Sell-off

Bitcoin traded higher on Tuesday following a severe sell-off that saw its prices plunge by circa $900 at the start of this week.The benchmark cryptocurrency jumped to intraday high of $5,466 from its weekly low, up 23.34 percent as traders hunted for short-term profits. The move upside quickly followed a

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