Does Boom Always Follow Bust?

Four historians consider whether the sudden collapse of the world economy caused by the Covid-19 pandemic will be followed by an equally dramatic resurgence. ‘Great activity in Wall Street’, published in New York Herald, 19 March 1908. Library of Congress. For this historian, the next boom feels a long way off Catherine Schenk, Professor of Economic …

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Investor Focus on Federal Reserve’s Policy Meeting this Week

Overnight Asia US stock futures edged up and European contracts retreated as investors mulled how much further to take the rally in global equities that’s been powered by reopening economies and reduced Coronavirus infection rates. Asian stocks climbed on Monday after Friday’s US jobs report smashed economists’ expectations, bolstered hopes for a quick economic rebound and …

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Global shares: US, Europe surge on US employment surprise; Asia firms

US markets Blowout US jobs numbers Friday gave bulls license to continue the risk-on rally that has propelled equities higher since March. The Dow Jones industrial index rose 3.2 percent; the S&P 500 gained 2.6 percent, and the NASDAQ rose 2.1 percent. In very unexpected and positive results, nonfarm payrolls shot 2.509 million higher in …

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State Pension age is changing next month – details on who will be affected revealed

STATE pension age is gradually being increased by the government and the next raise will arrive next month. It is being increased incrementally and it will eventually be 66 for everyone by October 2020. State pension payments can be received by anyone who has at least 10 years of National Insurance contributions and has reached …

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