ABU DHABI / WAM The Central Bank of the United Arab Emirates (CBUAE) increased its ...
Read More »Why stocks don’t reflect improving economy
Neither this year’s impressive corporate earnings results nor the synchronized pickup in global growth nor record levels of stock buybacks by companies has led to impressive gains in stocks. Despite a seven-day winning streak, the Dow Jones Industrial Average ended the May 11 trading session just 0.03 percent above where it started the year. It’s a similar story for the ...
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