By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential questions for Germany’s economic model. CEOs and business lobbies say its historically strong industrial base is close to cracking, a “de-industrialisation” risk often accompanied by calls for government support. […]
The market’s relentless rally has pushed the S&P 500 up nearly 25% from its October lows, fueled by gains in only a handful of stocks. Leading the charge is AI favorite Nvidia (NVDA). The chipmaker has gained more than 80% since the start of the year, helping drive the S&P 500 (^GSPC) and Nasdaq (^IXIC) […]
(Bloomberg) — Fears of broader bank turmoil are overdone and the risks are already baked into the credit ratings and share prices of most lenders, according to the CEO of Axos Bank, which holds the mortgage on Trump Tower. Most Read from Bloomberg “There isn’t really some big credit bank crisis coming down,” Chief Executive […]