Recent Posts

Stock momentum gets historic on eve of big earnings season

Bloomberg The New Year’s rally has pushed the S&P 500 Index to its best start since the administration of George W. Bush. Now it’s bumping against speed barriers that marked the upper limits of bull markets for decades. Up eight times in the first nine days of 2018, the S&P 500 has broken away from a trend line, its 200-day ...

Read More »

Pound’s post-EU vote high vulnerable to fragile Brexit sentiment

Bloomberg The pound’s rally, spurred by hopes of a soft Brexit, may be vulnerable this week to heightened sensitivity to comments from European Union leaders on the prospects of such a deal. Sterling rose to its highest level since just after Britain’s EU referendum after signs emerged that some countries want a Brexit deal that keeps the UK as close ...

Read More »

EU to launch $1.2 billion supercomputer plan sans UK

Bloomberg The European Union will spend one billion euros ($1.2 billion) to try to catch up to China, the US and Japan in supercomputing, the European Commission said. But as the initiative launches, uncertainty over Brexit is creating anxiety among British computer scientists that the UK may miss out on opportunities from the plan. The goal of the project is ...

Read More »
Send this to a friend