3 hot stocks surfing a momentum wave
Many experienced investors will seek out stocks that have shown strong recent gains and are primed to keep going. These stocks have gained an “inertia” that is likely to keep…
Covid economy – forecasts vs reality
In an uncertain year, how did economists’ predictions fare? At the beginning of the pandemic, economists were asked how the U.S. economy would fare in the unprecedented wake of global…
Luxury shares soar in a sign of pandemic recovery
Shares in Europe’s luxury goods sector reached record levels on Wednesday after Moët Hennessy Louis Vuitton SE (LVMH) bucked the pandemic’s effects and reported strong sales figures for the first…
Ford posts strongest first quarter in years, despite chip shortage
Automobile giant Ford has turned a $2 billion loss from last year’s corresponding quarter into a pretax profit of $4.8 billion for this year’s first quarter. For shareholders, this equates…
IMF forecasts strong recovery for UK and world economy
With the United States already expecting an economic boom in the next two years, the International Monetary Fund (IMF) is now forecasting a strong recovery for the UK and the…
Elon Musk expects China to become main Tesla market
Elon Musk and China have been hitting the headlines recently. The country recently barred all Tesla cars from its military bases and complexes, citing security concerns that the cameras on…