Even during the worst period of the coronavirus pandemic, Disney has never really lost its magic charm. Sure, the entertainment giant has temporarily closed its theme parks and suffered some losses over the past year, yet investors have never stopped believing in the future of the Disney brand. The company's stock was up 25 percent last year and more than 7 percent this year.
As Head of ECB K. Lagarde said in a speech in the European Parliament:
- The medium-term risks to the outlook for the eurozone economy have become more balanced;
- Economic activity is expected to recover strongly in the 2nd half of 2021 with ongoing vaccination and a gradual easing of restrictions;
In the short term, downside risks remain;
- Asset purchases will be flexible, in line with market conditions.
Last year was pretty crazy for the stock market due to the coronavirus outbreak. In February and March of last year, indices fell more than 20%, but in the following 12 months, they skyrocketed.
The deputy head of the SNB Zurbrügg said in an interview with Blick:
-It is premature to talk about long-term rate changes;
-Negative rates, intervention in the foreign exchange market is still necessary;
-In the past year, the Central Bank has spent 100 billion SFR on interventions.
Following the SEC lawsuit, Ripple lost its footing. At least one law firm is filing a motion to intervene on behalf of six XRP holders, claiming the US government’s action caused investors to lose $15 billion. After the SEC announced legal action against Ripple near the end of December 2020, many regulated exchanges suspended trading on the XRP token or delisted it. The result was a massive sell-off. While the XRP/USD regained most of those losses, it lost bullish momentum with more issues on the horizon.
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