Silver hits fresh record after trading outage, supply tightness

Silver hits fresh record after trading outage, supply tightness

Its most recent surge has been supported by renewed concerns of tightness in the global market [SINGAPORE] Silver jumped to a record, reinforcing a gain of nearly 6 per cent in the previous session, when a trading outage added to ongoing supply tightness and rising expectations for an interest-rate cut in the US. The precious…

Read More

Wall Street predicts rebound in Indian markets after tough year

Wall Street predicts rebound in Indian markets after tough year

AFTER one of India’s worst years of market underperformance in decades, some of Wall Street’s biggest names are calling for a rebound. Morgan Stanley, Citigroup and Goldman Sachs Group are among those who expect the country’s markets to claw back lost ground next year as earnings stabilise and policy support kicks in. India’s markets have…

Read More

Why you should cheer PE pessimism

Why you should cheer PE pessimism

Valuations do not predict stocks’ direction as decades of history prove present fears false ARE stocks “too expensive” these days? The bears boldly believe so – claiming that elevated price/earnings ratios (PEs) and other global stock market valuations signal a bubble that poised to pop – threatening even relatively lower-PE markets such as Singapore’s. The Monetary…

Read More

Browns coach Kevin Stefanski explains his controversial Shedeur Sanders game ball snub

Browns coach Kevin Stefanski explains his controversial Shedeur Sanders game ball snub

Everything that happens involving polarizing rookie quarterback Shedeur Sanders generates headlines and talk-show chatter, even a perceived snub following his first NFL start and victory. Browns coach Kevin Stefanski was asked this week about the uproar surrounding him not presenting Sanders with a game ball following last Sunday’s 24-10 win over the Raiders. “Every game,…

Read More