Carney became the governor of the Bank of Canada in 2008 and is widely credited with successfully steering the country through the financial crisis. Peter Summers/Reuters Mark Carney is taking his first job since leaving the top post at the Bank of England earlier this year, returning to the private …
Read More »The Tell: Here are the value traps that Bank of America says investors should avoid
Beware! Robert F. Bukaty/Associated Press The danger of investing in stocks with compelling valuations is that they’re often cheap for a reason. So-called value traps lie everywhere, and in a note to clients on Tuesday, Bank of America strategists led by Savita Subramanian sought to identify them, at least those …
Read More »Europe Markets: Stocks in Europe edge lower ahead of Bank of England decision as virus fears linger
European stocks drifted lower Thursday, continuing a choppy week in which markets waver between optimism on signs of improving economic activity and worries that the coronavirus is still spreading. After two days of gains, the Stoxx Europe 600 SXXP, -0.15% slipped 0.4%. The German DAX DAX, +0.11% , the French …
Read More »