Goldman Sachs Predicts a Sizzling Stock Market This Summer!In an investment report on June 6, Goldman Sachs indicated that they are observing more positive signals in the market this summer.
Dow Jones Breaks the 40,000 Barrier for the First TimeThe Dow Jones Industrial Average (DJIA) of the New York Stock Exchange surpassed the 40,000-point mark for the first time in its history on the 16th (local time). The Dow peaked at 40,051.05 around 11 a.m. but it partially returned its gains in the afternoon, closing down 38.62 points (-0.1%) at 39,869.38 compared to the […]
Argentina's 'Trump' Milei Triggers Credit Rating Plunge: What's Next?"Bloomberg reported on the 13th (local time) that credit rating agency S&P has downgraded Argentina’s credit rating from “CCC—” to “Selective Default or SD.” The downgrade was attributed to President Javier Milei, known as “Argentina’s Donald Trump,” ordering a bond swap. The Argentine government previously implemented a policy to exchange peso-denominated bonds worth $65 billion […]
Debate Emerges Over S&P 500 Surge: Bubble or Sustainable Growth?A sign announcing Wall Street is in front of the New York Stock Exchange (NYSE) building. Reuters/Yonhap News The U.S. Standard & Poor’s (S&P) 500 index has been on a tremendous rise this year, repeatedly breaking its all-time highs. This has sparked a debate about whether the stock price is in a bubble. The controversy […]
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