Category: Banks

MARKETWATCH Top News

• : Trump says he will leave White House if Electoral College affirms Biden win, which he says would be a ‘mistake’
  President Donald Trump said Thursday that he will leave the White House if the Electoral College formalizes President-Elect Joe Biden's victory — even as he insisted such a decision would be a “mistake."
• NewsWatch: Legendary investor called this stock market a ‘Real McCoy’ bubble, and now Jeremy Grantham’s fund is trailing the S&P 500 by 14 percentage points
  Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., has seen his fund badly trail the broader stock market in 2020.
• NewsWatch: Legendary investor called this stock market a ‘Real McCoy’ bubble, and now Jeremy Grantham’s fund is trailing the S&P 500 by 14 percentage points
  Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., has seen his fund badly trail the broader stock market in 2020.
• The Tell: Legendary investor called this stock market a ‘Real McCoy’ bubble, and now Jeremy Grantham’s fund is trailing the S&P 500 by 14 percentage points
  Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., has seen his fund badly trail the broader stock market in 2020.
• Market Extra: Bitcoin price plunges over 10% to stage Thanksgiving correction
  Bitcoin prices tumble Thanksgiving Thursday, with the No.1 cryptocurrency, pulling back sharply after it was on the verge of notching its first all-time high in about three years.
• : Delta and Alitalia to launch the first ‘quarantine-free’ flights from the U.S. to Europe
  Delta Air Lines and Italy’s flag carrier will soon run flights from the U.S. to Italy that won’t require passengers to quarantine upon arrival.
• Dispatches from a Pandemic: I’ve already been injected with a COVID vaccine. This is why I’m cheering for the Novavax underdog
  "No, I never considered it was risky, and no, of course, I’m not getting paid. I just received my second shot a few days ago, " says Barrons Group senior writer Pierre Briançon, on volunteering for a trial.
• : Sweden’s population is losing confidence in the country’s strategy to combat COVID-19
  Rising Covid-19 cases in the country comes as Sweden's Prince Carl Philip and his wife test positive for coronavirus
• Market Extra: Is the stock market open Thanksgiving day and Black Friday?
  U.S. financial markets close on Thursday for Thanksgiving and will shutter early on Black Friday, and despite a pandemic and volatility this year in markets, investors may not need to search too hard for reasons to be thankful.
• Project Syndicate: The forward-looking stock market celebrates the vaccine news, but the real economy will struggle this winter
  For a still vulnerable U.S. economy now in the grips of predictable aftershocks, the case for a relapse, or a double-dip, before mid-2021 is all the more compelling.