buy

Goldman: Buy Stocks Despite Dot Com Valuations

Record valuations that have now surpassed dot com levels? Check. Record investor euphoria that is now literally off the chart? Check. None of that is a concern for the investing “professionals” in Goldman’s $575 billion wealth management division, who say that despite the biggest asset bubble in history, US stocks are3 still the best game…

Amid Soaring Food Prices, Vietnam And China Buy Indian Rice For First Time In Decades

By Tyler Durden One month ago, we reported that SocGen’s bearish analyst Albert Edwards, who is traditionally well ahead of the curve, looked at charts of soaring food prices and was starting to “panic.” Edwards’ research report concluded by urging his readers to “keep a very close eye as to whether we see a repeat…

Amid Soaring Food Prices, Vietnam And China Buy Indian Rice For First Time In Decades

One month ago, we reported that SocGen’s bearish analyst Albert Edwards, who is traditionally well ahead of the curve, looked at charts of soaring food prices and was starting to “panic.” Edwards’ research report concluded by urging his readers to “keep a very close eye as to whether we see a repeat of the 2010/11…

You Can Now Buy A Tiny Bulletproof Home For The Apocalypse 

Whether it is the apocalypse or the US’s more immediate socio-economic collapse, sparked by the coronavirus pandemic, demand for doomsday bunkers has exploded. While only the ultra-wealthy can afford luxury doomsday condos buried hundreds of feet below the surface in old missile silos, millennials, who are mostly broke, have very little options to protect themselves from surging…

Goldman Upgrades Exxon To Buy For The First Time In Four Years As Cycle Begins To Turn

Just one day after Wells Fargo issued a rare upgrade on beaten down energy giant Exxon, late on Tuesday Goldman did what it hasn’t done since 2016, and it upgraded Exxon from Neutral to a Buy – just two months after it upgraded the major from a Sell – with a $52 price target given…

S&P Global To Buy IHS Markit In $44BN Deal That Could Be 2020’s Biggest

The quest to build a legitimate competitor to Bloomberg and its ubiquitous terminals continues Monday as IHS Markit and S&P Global confirmed reports about a buyout worth some $44 billion. According to WSJ, S&P Global plans to buy its smaller rival to create “a powerful challenger to information powerhouses Bloomberg and Refinitiv,” assuming the deal…

Rich Americans Scrambling To Buy ‘Golden Passports’ To Second Country

Wealthy Americans are rushing to secure second passports, as a growing club of individuals have begun participating in government programs abroad which allow foreigners to acquire them, according to Bloomberg. A person holds up an image of a Cypriot passport during a protest against corruption last month after the latest scandal to surround the investment…

Foreign Central Banks Buy TSYs For 2nd Month, China Holdings Near 4-Year Lows

Some relatively positive news in the latest TIC data shows that the last 12 months purchases of Treasuries by foreign central banks surged by $59 billion to $221.6 billion – its highest since Jan 2019… Under the hood, foreigners Total Long-Term Treasury Purchases: $22.5BN, sharp reversal from $33BN in sales in August Purchases of Agencies…

Spain’s Santander In Talks To Buy Wirecard Bank, Other Assets Out Of Bankruptcy

Even though auditors eventually determined that roughly 2/3rds of Wirecard’s revenue (including practically all of its Asian business) was fraudulent, there are still a few businesses and assets, including Wirecard’s former European banking unit, and its payments software, that have been deemed valuable. And the company’s German bankruptcy trustee has been working to sell these…

Yorkshire Tea “Please don’t buy our tea again” – More madness

So Tea is even off limits now, another company bullied to it’s knees. P.G Tips next. What happened to all the adults?