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The market's win streak is no fluke: A Wall Street bull sees record gains ahead

The market's win streak is no fluke: A Wall Street bull sees record gains ahead

Finance
The market's win streak may be just beginning. Edward Yardeni, who spent decades on Wall Street running investment strategy for firms such as Prudential and Deutsche Bank, predicts stocks will break out to all-time highs this year. He's partly building his bull case based on a chart pointing to negative market sentiment. "At the end of last year the bull-bear ratio, which is something we watch from Investors Intelligence, fell below one," the Yardeni Research president told CNBC's "Trading Nation" on Friday. "It's got an awfully good track record as a...
Tyson Fury opens up ahead of Deontay Wilder fight about double family tragedy that caused him to spiral into depression

Tyson Fury opens up ahead of Deontay Wilder fight about double family tragedy that caused him to spiral into depression

Sports
HEARTBREAKING The lineal heavyweight champion of the world is using the pain to help him beat Deontay Wilder on December 1 Boxing star Tyson Fury has opened up about the double family tragedy which saw him spiral into a drink and drugs-fuelled state of depression. Fury was seemingly on top of the world at the end of 2015 having gone to Germany and stunned Wladimir Klitschko to become the heavyweight champion of the world. At his lowest points, Tyson Fury turned to drink and drugs However, behind the scenes he as battling his own personal demons and bottling up lots of complex emotions – eventually causing him to turn to narcotics and alcohol to cope. And now, in his usual frank and honest manner, Fury has revealed exactly what caused it...
Economy resilient but cold winter lies ahead

Economy resilient but cold winter lies ahead

Business
The economy is growing at the fastest rate since the end of 2016.Not just that, the growth came from almost every part of the economy. Unlike in many previous quarters, where the economy was kept afloat primarily by a strong performance from the dominant services sector, this time around the only sector of the economy to shrink was the government. There is, as yet, little evidence from the national accounts that companies across the UK are doing much stockpiling.For all the scare stories about panicked building up of inventories, the numbers show that across the economy these are increasing only very slightly.Moreover, at this current pace, the UK is growing at a faster rate than the eurozone. Hurrah, right?Well, wait for the bad news. Actually when you look not at the overall quarterly ...
Amazon jumps out ahead of its rivals and raises wages to $15

Amazon jumps out ahead of its rivals and raises wages to $15

Technology
Amazon, the business that upended the retailing industry and transformed the way we shop for just about everything, is jumping out ahead of the pack again, announcing a minimum wage of $ 15 an hour for its U.S. employees that could force other big companies to raise their pay. The online giant also said it will push Congress to increase the federal minimum wage, now at $ 7.25. Given Amazon's size and clout, the move Tuesday is a major victory for the $ 15-an-hour movement, which has organized protests of fast-food, gas station and other low-paid workers. Already, several states and cities have raised their minimum wages above the federal one. Amazon, whose value topped an awesome $ 1 trillion in September, has been under political and economic pressure to pay its employees more. "We list...