Steve Goldstein, Moneyish

Steve Goldstein


Washington, DC, United States

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  • Moneyish
  • Barron's
  • Cashay

Recent articles by Steven:

European stocks and Dow futures fall as Goldman slashes GDP view, citing lack of stimulus

European stocks dropped and U.S. stock futures weakened on Thursday, as investors have largely given up on the idea that the U.S. Congress will provide new... → Read More

Eurozone economy barely grew in September, PMI data show

The economic recovery in the eurozone took a hit in September after a new rise in coronavirus cases, according to purchasing managers data released Wednesday. → Read More

European stocks nudge higher after worst drubbing in three months amid second wave concerns

European stocks edged higher Tuesday after their worst one-day performance in more than three months, as the Continent faces tighter economic restrictions... → Read More

European bank stocks slide after money-laundering allegations; Dow futures slide 400 points

Shares of Europe's top banks dropped on Monday, after the publication of reports alleging they kept doing business with customers they suspected of money... → Read More

Commerce Dept. issues order prohibiting WeChat, TikTok dealings

The U.S. Commerce Department said Friday it is prohibiting transactions involving Tencent's undefined WeChat and Bytedance's TikTok. "While the threats posed... → Read More

Citing 'unusually uncertain outlook,' Bank of England keeps powder dry while discussing negative rates

The Bank of England on Thursday unanimously decided to keep interest rates and its bond purchase program unchanged, giving the central bank two more months... → Read More

European stocks fall, Dow futures slump 300 points as traders react to Fed decision

European stocks slumped and U.S. stock futures weakened Thursday, with traders in Europe getting their first chance to react to the Federal Reserve's... → Read More

OECD boosts economic outlook but warns against tightening policy too quickly

The Organization for Economic Cooperation and Development on Tuesday boosted its global economic outlook while warning policy makers not to tighten policy... → Read More

No longer seeing a recession, fund managers are beginning to shift into industrials and value stocks, Bank of America survey finds

Fund managers are rotating but not chasing stocks after the massive rally from March lows, according to the latest reading of Bank of America's popular fund... → Read More

Citi to resume layoffs after pause during pandemic: reports

Citi undefined is going to resume job cuts after a pause during the pandemic, according to reports from Bloomberg News and Financial Times citing a... → Read More

Buy Anglo American And Get A Diamond Business For Free, Bank of America says

Diamonds are coming back, and Anglo America is a great way to get exposure, says Bank of America analyst. → Read More

Tesla price target doubled by UBS, which keeps neutral rating on the stock

Tesla's undefined price target was more than doubled by UBS, to $325 from $160, with kept a neutral rating. Analyst Patrick Hummel said Tesla's target was... → Read More

LVMH Moet Hennessy says it won't be able to buy Tiffany

LVMH Moet Hennessy undefined said it will not be able to complete the previously announced takeover of U.S. luxury goods retailer Tiffany undefined "as it... → Read More

Biden announces new 'offshoring tax penalty' and minimum tax on foreign earnings

Former Vice President Joe Biden on Wednesday proposed a new offshoring tax penalty, which would establish a 28% corporate tax rate, plus a 10% "offshoring... → Read More

European stocks lose nearly all of Monday’s rally after rough Wall Street restart

European stocks reversed ground after tech stocks sold off again on Wall Street. → Read More

The 'dollar smile': The U.S. currency does well when the stock market either jumps or slumps

Analysts at HSBC tested what's called the "dollar smile theory" on this year's manic move in markets. What HSBC found was that the dollar rose both on days... → Read More

European stocks rise, diverging from U.S. tech fears

European stocks advanced on Monday, diverging from the U.S. after a rough week in markets. → Read More

Tech bloodbath aside, ride these two giants for the second half of the recovery, veteran analyst says

Never mind the carnage. One analyst says the second phase of the economic rebound, during the second half of this year and into 2021, will “supercharge” the... → Read More

European stocks turn lower in volatile session as winners of 2020 get sold

European stocks retreated after early gains, and investors sold the best-performing stocks of 2020. → Read More

DraftKings shares jump after adding Michael Jordan as investor and adviser

Shares of DraftKings rallied Wednesday after the company added basketball legend Michael Jordan as an adviser to the company. → Read More