European stock markets dipped in early trading Monday as the bearish sentiment affecting global markets continued to weigh. Shares in London and Frankfurt traded about three-quarters of one percent lower in early trading, with FTSE threatening to breach the April low and DAX at its weakest since the middle of March. Putin has not declared […]

Ackman abandons bearish bond bet. Bill Gross warns of recession. Major stocks influence global gains. Barclays reports profit drop, outlook trimmed. CAB Payments' shares plummet post-IPO.

Warren Buffett dramatically cut his position in Goldman Sachs during the first quarter. Berkshire Hathaway’s latest regulatory filing revealed that the conglomerate sold 84% of its stake in GS, dropping the size of its position from 12 million shares to 1.9 million. It’s another unsettling sign from the Oracle of Omaha, who famously rode to […]

Pound sterling declined against both the U.S. dollar and euro following the release of data revealing a drop in British inflation for November, coming in significantly below expectations. The news prompted financial markets to revise projections for when the Bank of England (BoE) might begin cutting interest rates next year.

Still no love for Europe? Equity indices in Europe dropped last week as risk appetite waned into the weekend, whilst US stocks closed Friday at record highs, albeit the rally since the March lows has been very uneven – all the chatter over the weekend was about a K-shaped recovery. Can beaten down value stocks […]