by New Momentum | Feb 1, 2024 | News
๐ S&P 500 is at its peak: now what? ๐ฅ ๐ The S&P 500 Index has reached its all-time high, which it last touched in January 2022, after 746 days. Using S&P 500 data going back to 1950, we can observe that the average fall during a bear market was 35%.... 
by New Momentum | Jan 18, 2024 | News
๐ Germany in reverse gear ๐ ๐ The Federal Statistical Office Destatis reported that 2023 ended with the GDP declining by 0.3%. This was the biggest slowdown since 2020, when the Covid pandemic had sent the economy down 3.8%, breaking a 10-year positive upward trail.... 
by New Momentum | Jan 11, 2024 | News
China will facilitate foreign investments ๐ธ ๐ State media said that Chinese Vice Premier He Lifeng promised to facilitate foreign institutions’ investment in the nation at a meeting with global financial leaders on Wednesday. The gathering takes place at a time... 
by New Momentum | Jan 3, 2024 | News
๐ Bitcoin soars on the first days of the New Year ๐ ๐ Bitcoin soared to $45,000 for the first time since April 2022, owing to an increase in geopolitical tensions in the Red Sea and growing optimism about the approval of a bitcoin exchange-traded fund. According to... 
by New Momentum | Dec 15, 2023 | News
๐ ECB and BOE will not join the Fed in its dovish path? ๐ ๐ Even though investors are convinced that Central Banks must adopt looser monetary policy sooner rather than later, ECB is not in a rush to follow the Fed in its shift toward lower interest rates. Following...
Recent Comments