Gold Silver Reports – Goldman Warns Highest Valuations Since 1900 Mean Pain Is Coming – A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc.
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European Stocks Flat as Dollar Extends Decline
Gold Silver Reports – European stocks erased early losses to close little changed as positive economic data in the region offset negative sentiment following a slump in Chinese equities. The dollar extended a retreat sparked by Wednesday’s more dovish than expected Federal Reserve minutes.
Venture Capital Firms Struggle to Justify Large Funds as Deals Dry Up
Gold Silver Reports – Most of India’s top venture capital firms raised successively large funds in 2015 and 2016, betting on what looked like an internet gold mine then. After the slowdown in the growth of the consumer internet business since the start of 2016, venture capital firms are struggling to justify the large funds they raised.
U.S. Stocks Decline With Dollar as Treasuries Rise
Gold Silver Reports – U.S. Stocks Decline With Dollar as Treasuries Rise – U.S. stocks edged lower after the best rally in two months, while Treasuries advanced as investors assessed the prospects for corporate tax cuts. The dollar dropped as the euro and yen gained.
Sluggish Economy Forces L&T to Dim FY18 order Flow Guidance
Gold Silver Reports – In anticipation of strong results for the September quarter, Larsen and Toubro Ltd’s (L&T’s) stock closed 4% higher on Friday. The Street was not wrong, and the diversified conglomerate’s operating performance easily beat estimates.
Sanitaryware, Tile Stocks Gain on Likely GST Rate Cut
Gold Silver Reports – SLAB RATE for tiles and sanitaryware is currently 28% and the industry has petitioned the govt to lower it to 18%; final outcome will be known after the GST Council meet
Have Small Savings Lost out to Equities?
Gold Silver Reports — Have Small Savings Lost out to Equities? – LURE OF STOCK Growth in government savings schemes is timid as there has been a clear shift towards the equity markets, say analysts