Post Tagged with: "recovery"

Source: Reuters

Europe’s lockdowns restrain global fuel demand recovery


LONDON/NEW YORK  – Renewed lockdown restrictions in Europe and slower than expected vaccine rollouts are likely to check a global recovery in fuel demand and make OPEC+ oil producers take a cautious stance when the group reassesses output policy …

Source: CNBC

Investors believe the stock market could see headwinds under a Biden presidency


Wall Street investors largely believe a Joe Biden presidency could mean lower stock-market returns, according to a new CNBC survey.

As a part of CNBC’s Quarterly Report, we polled more than 100 chief investment officers, portfolio managers and CNBC

December 28, 2020 - 2:30 pm Capital Markets, Closing Bell Story‎, Finance
Source: Reuters

Stock market seeing coronavirus relief, vaccine, divided government: Former NYSE CEO

Fox Business

Former New York Stock Exchange Chairman Dick Grasso weighed in on the market’s recent records on Thursday telling “Cavuto: Coast to Coast,” he thinks Wall Street is factoring in a coronavirus vaccine, more fiscal relief …

December 4, 2020 - 3:00 pm Closing Bell Story‎, Finance
Source: CNBC

Four key risks could make 2021 the toughest year for banks since 2009, says S&P


S&P Global Ratings warned that banks could face their toughest year since the aftermath of the global financial crisis, with four key risks hanging over the sector.

The ratings agency currently has a “negative” outlook for about one third …

November 17, 2020 - 2:00 pm Closing Bell Story‎, Finance
Slow Deepwater Rebound Threatened by Rising Rig Costs, Falling Oil Prices

Slow Deepwater Rebound Threatened by Rising Rig Costs, Falling Oil Prices

From Houston Chronicle


The slow deepwater recovery in the Gulf of Mexico and the rest of the world is now threatened by falling oil prices and the projected cost rise of drilling rigs and other services.

A new report …

November 30, 2018 - 1:30 pm Closing Bell Story‎, Energy News