Christopher Wood, Jefferies' Global Head of Equity Strategy, has indicated that accumulating gold would be a good idea if the prices tend to taper a bit, with the rationale that the bullion's 200-day moving average is currently about 23 per cent below the peak.
Washington [US], May 5 (ANI/Sputnik): Job cuts in the United States rose for a second month in a row in April as employers assessed costs and the growing risk of inflation in a labor market that has mostly seen record demand for workers over the past year, employment tracker Challenger, Gray
Washington D.C. [USA], June 9 (ANI): Shorter duration of work hours, increased pay cuts and more responsibilities have become the new normal at workplaces for millions of Americans who returned to work amid the worst economic crisis in a generation owing to the coronavirus outbreak.