Markets

We’re in the ‘early innings’ of a bull market, and any temporary correction will be just a buying opportunity, Leuthold strategy chief Jim Paulsen says

Jim Paulsen said during a Leuthold Group webinar on Thursday that he believes stocks are in the early innings of a bull market. The chief investment strategist said investors should be prepared for more than one correction, but they won’t be permanent and could be buying opportunities. Paulsen added that […]
We’re in the ‘early innings’ of a bull market, and any temporary correction will be just a buying opportunity, Leuthold strategy chief Jim Paulsen says
Markets

The pandemic recession is in the rear-view mirror and a new cycle of global expansion has launched, a Bank of America Private Bank senior strategist says

Marci McGregor, senior investment strategist, Chief Investment Office, Merrill and Bank of America Private Bank, told Bloomberg on Monday that the recession is in the rear-view mirror and a synchronised expansion is underway around the world. The strategist pointed to strong trends in housing and the resilient consumer as signs […]
The pandemic recession is in the rear-view mirror and a new cycle of global expansion has launched, a Bank of America Private Bank senior strategist says
News

Didi is launching in 20 more locations in August, including Adelaide and Canberra

Didi is launching in 20 more destinations in Australia. These include Adelaide, Canberra, Wollongong and Mackay. It comes after Didi experienced a drop in the number of trips amid stay-at-home restrictions when the coronavirus pandemic first hit. Visit Business Insider Australia’s homepage for more stories. Rideshare company Didi is expanding […]
Didi is launching in 20 more locations in August, including Adelaide and Canberra
US

JIM ROGERS: The Fed is clueless and is setting us up for disaster

Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week’s episode of The Bottom Line. Rogers goes after the Fed. He says the Fed is clueless and is setting the US up for disaster. Following is a transcript of the video. Blodget: We will have […]
JIM ROGERS: The Fed is clueless and is setting us up for disaster
Tech

PromisePay has raised $14 million to boost global expansion

PromisePay, a payments platform, has just closed a $14 million funding round. The raising was lead by Carsales.com Limited, Australian tech VC Rampersand, Westpac-backed Reinventure, US fintech fund Cultivation Capital, 99Designs co-founder Mark Harbottle and former Hitwise CEO Andrew Walsh. The cash will go towards the fintech startup’s global expansion, […]
PromisePay has raised $14 million to boost global expansion