Adam Shell USA TODAY Published 10:33 p.m. UTC Aug 22, 2018 The dilemma of what stocks to buy is particularly tricky right now. If you want to own shares of companies, you'll be getting into a market that began rising more than nine years ago and now sits near an all-time high. The bull market, now 3,453 days old, will be the longest in history by the end of trading on Wednesday. And the Standard & Poor's 500, the broadest measure of U.S. stocks, hit a record Tuesday for the first time in six months. So is it too late to jump in and pick up some stocks? Pinpointing market tops is difficult. While Wall Street skeptics have been warning of a big drop for years, this bull keeps proving them wrong, and has risen almost 325 percent since March 2009. That's why investment pros say it's wrong for investors to flee completely. "That would be a mistake," says Cliff Hodge, director of investments at … [Read more...] about What stocks should you buy with the market at a record high?
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An investment of EUR 800 million started today in Ploiesti factory of British American Tobacco (BAT) the largest cigarette producer in Romania. The investment will be made over the next five years and half of it will go into a completely new manufacturing hall dedicated to producing Neostiks for glo. In total, an additional 7000 square meters of production space will be created. The unit in Ploiesti will be the third in the world (after South Korea and Russia) to produce Neosticks for glo and the first in Europe. In fact, the factory is meant to cover all the Neosticks needed for the European market, since 85 percent of the production will be exported. The rest of the money will be invested in increasing the capacity of ”classic” cigarettes production by 20 percent. ”Currently, 60 percent of our Romanian-made products leave to 45 other countries and this number will grow to 70 percent following these investments,” says Ram Addanki, South Central European Area … [Read more...] about BAT’s factory in Ploiesti, the third in the world and the first in Europe to produce Neosticks
Updated 1341 GMT (2141 HKT) May 26, 2018 (CNN)It is what fear sounds like. No buzzing sales banter and gossip, no sputter of yellow and white taxis or boda boda taxi bikes. No gumbe or hip-hop music blaring from the market stalls. Just a dreadful silence. It was August 4, 2014, and the government of Sierra Leone had ordered more than 7 million citizens to shelter at home and pray. The Ebola epidemic was out of control, and it was time for desperate measures. On August 4, 2014, Sierra Leone's government shut down the country to shock citizens into taking the Ebola epidemic seriously. Read More Government officials knew that the shutdown wouldn't curb the spread, but they wanted to shock the entire population into taking notice. They put in place temperature checks at roadblocks, isolation wards and emergency burial teams, anything to stop the dying. The disease would go on to claim more than 11,000 lives. Ebola now stalks a different part of Africa. Since early May, … [Read more...] about Fear and failure: How Ebola sparked a global health revolution
Ask most any smart investor what could cause the next crisis in markets and the likely answer would be a sharp rise in borrowing costs brought on by a selloff in the bond market. But the thing about markets is that the pain usually originates in places where it's least expected. That may be the case now with emerging markets. The fact is, investors have had a few years now to prepare for the inevitable rise in bond yields that is currently underway. That's seen in the record bets against U.S. Treasuries. What hasn't been expected is the big slump in EM, which attracted a record $315 billion in non-resident portfolio debt flows in 2017, as measured by the Institute for International Finance. At one point on Tuesday, an MSCI index of EM currencies was down 1.07 percent, the most since June 2016, and bringing its decline so far this quarter to 2.83 percent. Losses in MSCI's EM index of equities are almost 50 percent greater than the global market for stocks since January. A … [Read more...] about Emerging Markets Face Their Moment of Truth
London (AFP) - Global stock markets were spurred higher Tuesday by Chinese President Xi Jinping, whose remarks have soothed worries over a US trade war, dealers said. Following boosts to stock market indices across Asia and Europe, US benchmarks also climbed in early trading. "US stocks are higher in early action, with trade war concerns being tamped down by a conciliatory speech from Chinese President Xi, though uncertainty toward the White House continues to fester," Charles Schwab analysts said in a note. In a closely watched speech Xi pledged a "new phase of opening up", adding that Beijing "does not seek a trade surplus" and wants to boost imports. Dealers pounced on the comments as a sign that a possible trade war between the world's top two superpowers can be averted, after weeks of nail-biting uncertainty. "Xi cautioned against a cold war mentality and stated the China should push for free trade and uphold a multilateral trading system," wrote David Cheetham, chief market … [Read more...] about Markets rise as Xi calms trade war fears