americaneconomy
Investor sentiment about Europe's economic prospects has substantially improved, according to the latest Bank of America European Fund Manager Survey. The survey, which polled 260 managers with assets under management totalling $719 billion (€578 billion) between 5 April and 11 April, shows that half of respondents now anticipate a stronger European economy over the next year - a steep rise from 21% last month, marking the highest level of optimism since July 2021. However, 36% of the panel still foresee a slowdown, attributing it to the lingering effects of monetary tightening, though this fi...
Euronews (English)
Amid ECB President Lagarde's hints on a June rate cut, the European stock markets continued to refresh their all-time highs with the Euro Stoxx 50 Index hitting above 4,900 and DAX topping 17,800 for the first time in history. The movement also mirrored a continuous record-breaking momentum on Wall Street after Fed Powell signalled to lower the interest rates sometime this year. The trajectory for the global market indicates a decline in government bond yields, reflecting expectations that central banks will initiate a rate-cut cycle in the second half of the year. Consequently, the US dollar ...
Euronews (English)
One of the greatest strengths of the American economy is its diverse gender and ethnoracial labor force. Diversity helps to foster innovation and problem solving because employees will provide multiple perspectives and solutions. Q4 2020 hedge fund letters, conferences and more In recent years, many companies have increased their efforts to have a more diverse workforce, and in 2020 racial justice became a higher priority for corporate America. Some industries hire and employ a diverse group of people at all levels of an organization. However, not all industries are as various as others. The M...
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