Apple and Amazon prices make sense and more signs from Goldman Sachs that stocks are not in a bubble


FIRST PAGE OF THE MARKET OBSERVATORY

The bullish rally in equities continues to stall, with the Dow and S&P 500 indexes hitting new highs last week and the momentum is expected to continue into the week ahead. And the worries of a bubble burst. See full story.

Turkish lira and stocks tumble after Erdogan sacks central bank chief, as other emerging market currencies struggle

Turkey’s currency and stocks tumbled after the abrupt departure of its central bank head, a move that led investors to take a cautious stance on risky assets on Monday. See full story.

Americans have many ways to spend the stimulus checks as the brakes on the economy disappear

Americans are ready to splurge again after the government sends $1,400 checks, but they’re likely to spread the money far more than they did after the previous two rounds of lockdown measures. RELAUNCH. See full story.

‘My pulse had gone up to 120 as I gasped to enter the ER’: Italy resumes AstraZeneca vaccine and tightens lockdown

More than half of Italy’s regions are now in the ‘red zone’, just one year after the country’s effective lockdown. See full story.

Stock market valuations have been high for 20 years, is the change permanent?

Mark Hulbert reviews the latest investment research. See full story.

PERSONAL FINANCES

The findings come from an analysis of government data by the Harvard Law School Project on Predatory Student Loans. See full story.

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