(Bloomberg) — Citigroup Inc. strategists cut their recommendation on US stocks to neutral on the risk of a recession, joining an increasing number of banks in warning of a growth slowdown. The market is showing “elements of a deflating bubble” with high uncertainty and the lack of reassurance from the Federal Reserve, strategists including Dirk […]
Read More(Bloomberg) — UBS Group AG leaned on traders at its investment bank to boost profit in the first quarter after its key wealth management business was hit by slowing client activity and rising costs. The Zurich-based bank reported net income of $2.1 billion, compared with analyst estimates of $1.9 billion, after the volatility caused by […]
Read MoreThe stock market may not have emotions, but traders most definitely do. This is part of what makes trading such a rollercoaster — you feel those intense highs and terrible lows. You’ll never be able to totally remove human emotions from trading. However, gaining an understanding of the psychology of trading can help you remain […]
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