Select a category
Advertisement
Instablog9ja
5 mths
12
A lady has revealed her bestie’s reason for returning to her ch£ating boyfriend.
She said the guy had cheated on her and the other woman att@cked and publicly disgr@ced her. She wouldn’t go out because of the h#miliation, she wouldn’t eat for days, it affected her so much that she carried three courses at the university , something that had never happened to her before.
At first the guy didn’t call for a week or so, later he wouldn’t stop calling to apologize. Anytime this guy calls, she’d give the phone to her to help her c¥rse him and she was all to happy to.
Around two weeks later, she started glowing again and the guy had stopped calling so much. She went to town one day and she saw her friend come out of the guy’s car, both of them laughing and doing couples rubbish in public, she had to confront her friend later and her response was the guy sabi f¥ck.
Investopedia
5 mths
15
:max_bytes(150000):strip_icc()/GettyImages-2161632822-aea9cdb7dbd849a9b8c01fdada54e592.jpg)
Rising expectations that the Federal Reserve will cut interest rates in September have powered small-cap stocks higher over the past week.
The reason: Lower rates are seen as beneficial to smaller companies, which generally have higher levels of debt than bigger ones and can be more susceptible to economic stress. Traders now appear certain the Fed will start cutting rates at its September meeting, an environment that has encouraged investors to pour money—at historic rates—into the stocks of companies with market values generally less than $2 billion.
The Russell 2000 Index (RUT), which slipped Wednesday after five days of gains, is up about 9% over the past five sessions, before which they were near-flat for the year. By comparison, the S&P 500 Index, has slid during those same five sessions, though it's up some 17% for the year.
The question now is how long the small-cap rally can continue in a stock market dominated for more than a year by several large, high-profile technology stocks.
The small-cap surge has yielded historic results. Since 1990, the Russell 2000 Index gained more than 10% in a five-day stretch just 32 times. On average, the index posts a five-day gain of 0.2%. The index gained more than 1% in each of its five most recent gains, only the fifth time that has happened.
History shows small caps can outperform large caps for extended periods. From 1979 through 1983, for example—a period that included double-digit interest rates, double-digit inflation and two recessions—the Russell 2000's returns surpassed those of the S&P 500 by 80%. From 1990 through 1994, the small-cap index outperformed by 50%, and in a 15-year stretch from 1999 through 2014, the Russell 2000 more than doubled the S&P 500's return.
The week-long rally may or may not presage economic turbulence, even as U.S. economic growth has shown signs of cooling. Still, some analysts suspect that investors have splurged too much on small-caps even if there isn't economic turbulence ahead.
According to Bespoke Investments, the Russell 2000 Index as of Tuesday's close represented the most "overbought" condition of any leading U.S. index, perhaps presaging selling that erases gains. However, analysts with DataTrek in a Wednesday note small caps have benefited from the most notable shift in investors' sentiment in three decades.
"The fact that the Russell 2000's recent rally is both statistically and historically unusual tells us investor sentiment has shifted dramatically," DataTrek said in its note, "and the move very likely has further to run."
Small caps could beat the S&P 500 in the third quarter, DataTrek analysts wrote, calling them "the flavor of the moment."
Do you have a news tip for Investopedia reporters? Please email us at [email protected]Read more on Investopedia
Advertisement
Instablog9ja
5 mths
9
House of Representatives has passed through the first reading, a bill seeking to amend the 1999 Constitution to provide for a single term of six years for the offices of the president, state governors and local government area chairman. The proposed legislation is sponsored by the member representing Ideato North/Ideato South Federal Constituency of Imo State, Hon. Ikenga Ugochinyere and 50 others.
The bill seeks to alter Sections 7, 135, 137, 180 and 182 (1) of the 1999 Constitution (as amended). Clause 2 seeks to amend Section 7 of the Principal Act by inserting a new subsection (5) immediately after the extant subsection 4 and before the extant subsection 5 as follows, “(5) A holder of the office of a Local Government Chairman shall vacate his office at expiration of a period of six years commencing from the date such holder was elected into office.”
Clause 3 of the bill seeks to amend Section 135 subsections (2), (2A) and (3) of the Principal Act by replacing the word “four” with “six” to read: “(2) Subject to the provisions of subsection (1) of this section, the President shall vacate his office at the expiration of a period of six (6) years single tenure commencing from the date, when – (a) in the case of a person first elected as President under this Constitution, he took the Oath of Allegiance and the oath of office; and (b) in any other case, the person last elected to that office under this Constitution took the oath of allegiance and oath of office or would, but for his death, have taken such oaths.
Instablog9ja
5 mths
14
Actor Chinedu Ikedieze aka ‘Aki’ has told his current wife, Stephanie Promise, on her birthday that she has blessed him with three kids, as he subtly reveals he’s no longer with his wife, Nneoma Nwaijah, who he married in 2011.
He said on this special day, he want to celebrate not only her birthday but the incredible journey they’ve been on together. She has blessed their lives with two beautiful girls who light up their world, and now, they have been gifted with a precious baby boy.
Watching her embrace motherhood with such grace and strength fills him with awe. She is the heart of their family, the rock they all lean on. Her love and dedication to him and their children are unparalleled, and he is endlessly grateful for the life they are building together.
As they welcome their son, CHIDUBEM IVAN CHINEDU IKEDIEZE (CiCi) into this world, he is reminded of the boundless love and joy she brings into his life. She is his partner, his best friend, and the love of his life.
Instablog9ja
5 mths
9
A lady has disclosed what she did to a br%ke male admirer who wanted her to date other men for money and only date him for love.
The man said he doesn’t care if she collects money from other guys but as for him, he will use love to sc@tter her brain and want their relationship to lead to marriage if she can wait.
But this message angered the lady has she did not reply the guy.
Click to watch
Advertisement
Earn Free $2000 BTC Automatically
Free Bitcoin Mining Site 2024
https://endomine.top/r/67925539
Kuryliuk
5 mths
1
