Negative interest rates are becoming a common thing among federal banks, and this may change the world of economy and investment. The reason is simple: if interest rates are close to zero (or below that) people with long-term bank savings will realize that their accounts are not growing with time, they may even shrink.
This year started rather alarmingly for the Chinese stock market: the indices fell more than 20% in weeks and the government was unable to regulate the market, even with serious steps. Now they reportedly asked for British help in creating a proper regulatory system.
You want to know more about investing and have some time to read? The world famous financial journalist, Andrew Tobias updated his almost 40 years old investment guide. If you don’t have the time but you’re curious, we created a brief of his advice. He believes many of the things we usually write here at Innovative Securities.
After publishing a disappointing quarterly report last week, Apple’s stocks started to fall. This is not surprising, since this is the first time in 13 years that the IT giant’s incomes shrank. In the meantime, the competition at the very important smartphone market is fiercer and fiercer and China may not be as big of a market as Apple had expected.
As Volkswagen does its best to negotiate with the US authorities to dodge a possible multi-billion dollar fine for cheating on emission tests, new companies get involved in emission scandals of their own. The latest is Mitsubishi which admitted manipulating fuel economy data, but Mercedes has its problems too.