Bank of America says growth stocks are in a bubble exceeding the 'dot-com' and 'nifty fifty' eras — and warns they could take the S&P 500 down 40%
The S&P 500 could see a "lost decade" ahead, Bank of America warns.
Ackman's firm boosts stake in Nike, cuts Chipotle during Q4
Billionaire investor William Ackman increased his stake in sportswear company Nike by 15% and cut his investment in ...
Big Take: The Dating Recession Hitting the US Economy
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
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Big Mac Index: How undervalued the Philippine peso is compared with other currencies
The Philippine peso is still undervalued by 50% against the dollar, according to the latest update of the Big Mac Index released by The Economist. As of January 2025, a Big Mac costs $5.79 in the ...
'40% Cheaper In China': What The Big Mac Index Says About Trump's Tariff Plans
A Big Mac costs $5.79 in the U.S. but only $3.52 when converted from yuan in China, according to the latest data. The 40% price gap suggests China’s currency could be undervalued, lending credence to ...