Eunís, autor a Creand
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Fitch affirms Creand Crèdit Andorrà’s rating at ‘BBB-’ and highlights the bank’s adequate capitalisation and leading position in the country

By Eunís

The ratings agency takes a positive view of the increase in profitability The ample and well-managed liquidity was another favourable point in the assessment Fitch Ratings affirms Creand Crèdit Andorrà’s long-term rating at ‘BBB-’ with a stable outlook. The ratings agency highlighted the bank’s leading domestic franchise in Andorra, strengthened by its acquisition of Vall … Continued

Fed pressures the market

By Eunís

The market suffered through a sizable decline this week.  All 11 S&P 500 sectors finished in the red this week. The consumer discretionary (-6.4%), real estate (-5.4%), and materials (-3.7%) were the laggards while the health care sector (-1.2%) was down the least.   The catalyst for the weakness was a jump in Treasury yields. The … Continued

Tech sector weighs down the market

By Eunís

The Dow Jones Industrial Average eked out a slim gain this week while the S&P 500 and Nasdaq saw modest declines. This week featured plenty of market-moving events, capped off with a quarterly options and futures expiration day on Friday. It resulted in the S&P 500 and Nasdaq closing below their 50-day moving averages.  Despite a … Continued

Rally continues as mega caps resume their leadership

By Eunís

The market continued its rise on a busy week of earnings and economic news.  Investors continue to expect that the Fed is close to being done raising rates, and hope that earnings growth will accelerate in the second half of the year. The market did change from its recent trend of having a wider range of … Continued

Dow Jones continues upwards but Mega caps stall

By Eunís

The Dow Jones extended its winning streak to ten straight sessions highlighted by a sizable gain on Thursday, which was led by Johnson & Johnson (JNJ), IBM (IBM), and Travelers (TRV) following their earnings reports. Mega caps were relative underperformers due to profit-taking activity as well as steep losses from Tesla (TSLA) and Netflix (NFLX) following … Continued

What would you expect from your first day at work?

By Eunís

I asked my son what he’d expect from his first day at work. He was quite clear about it: a good welcome from the ‘boss’ (probably with added croissants and chocolate) and access to an app for training, learning about the company and clearing up doubts online. A corporate app with different functions divided into … Continued