ABU DHABI/WAM The UAE Government has launched the ‘Emirati National Identity Strategy’, developed in partnership ...
Read More »March of zombie firms just gets louder in stock market
Bloomberg To best observe the real-world impact of Federal Reserve largesse in the stock market, maybe focus on its fringe. That is, places occupied by companies whose lease on life is weakest: small-cap firms that don’t make any money. Since equities bottomed around the time Fed Chair Jerome Powell pulled out all the stops to shore up markets, shares of ...
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