Markets Update Friday 24/09/2021 – Nail-biting

Frankfurt -24/09/2021 Nail-biting The tremors surrounding the Chinese real estate giant Evergrande kept investors around the world on tenterhooks all week. The company, which is heavily indebted with around 300 billion dollars, can hardly make its interest payments. On Friday, some investors in a dollar bond declared, according to insiders, that they had not received any money. A 30-day grace …

Stock Take 24/09/2021

McDonald’s resumes share buyback & increase quarterly dividend The world’s largest fast-food company McDonald’s, is looking to put the aftermath of the Corona pandemic further behind it. The share buyback programme, which was suspended in spring 2020, will be resumed, the group announced in Chicago on Friday night. In addition, the quarterly dividend will be increased by seven per cent …

Stock Take 23/09/2021

Twitter pro-Bitcoin  Twitter is giving its users the option to support the operators of their favourite profiles in cryptocurrencies such as Bitcoin. The function will first be introduced on the iPhone and later follow for devices with the Google Android system, announced on Thursday. Twitter is also experimenting with innovations to make everyday life on the short message service more …

Markets Update Thursday 23/09/2021 – Fed. Up.

Frankfurt – 23/09/2021 Fed. Up. The Fed’s continued ultra-loose monetary policy and encouraging corporate outlooks continue to drive the stock market recovery today.  Once again, Jerome Powell, the top money watchdog in the US, kept equity investors happy. He apparently hit the right note with his stalling tactics and cautious hints of an imminent turnaround in monetary policy. The US …

Markets Update Wednesday 22/09/2021 – Nothingburger

Frankfurt – 22/09/2021 Nothingburger Fed President Jerome Powell’s announcement this evening was not a big bang. As he did three weeks ago at the virtual central bank conference in Jackson Hole, he signalled that the US central bank would probably reduce its bond purchases this year. However, he again did not give a precise timetable and deferred to the next …

Stock Take 21/09/2021

Uber announces first operating profit More than a decade after its founding, Uber is looking at its first operating profit – at least after deducting various costs. The ride-hailing company burned billions of dollars in its global expansion with the promise of profits later. Uber announced on Tuesday that it had now turned a profit on an adjusted basis before …

Markets Update Tuesday 21/09/2021 – Rescue Boat?

Frankfurt – 21/09/2021 Rescue Boat? After the sell-off at the start of the week, the stock markets stabilised today. Some investors took the opportunity to enter and went “bargain hunting”. But the calm could prove to be deceptive because the Evergrande fiasco and the upcoming Fed meeting could again harbour risks. In New York and in Frankfurt, where the new …

Stock Take 20/09/2021

Rivian forges ahead While Tesla fans continue to wait for the cyber truck, a US start-up has overtaken the electric car pioneer on the left and launched the first electric pickup truck. Pickups are a common sight on the roads of the United States. But an electric version of the popular US vehicles is not yet on the market, even …

Markets Update Monday 20/09/2021 – Red Monday

Frankfurt – 20/09/2021 Red Monday The impending bankruptcy of the Chinese real estate giant Evergrande has sent stock markets around the world into a tailspin. Wall Street experienced the biggest price drop in months. The DAX 40 also suffered heavily on its debut today. Investors fear a real estate crisis in China, which would weigh heavily on the economy there. …

Markets Update Friday 17/09/2021 – China Worries

Frankfurt – 17/09/2021 China Worries It is getting more uncomfortable on the stock markets. Just in time for the start of the colder seasons, the stock markets are also becoming frostier.  Among other things, the “triple witches’ Sabbath”, the big expiration day on the futures exchanges, caused fluctuations today. Futures contracts on indices and individual stocks expire these days, causing …