Tag: LIVE

10 Best Places to Live on the East Coast

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From the lush forests and rugged coastline of Maine to the dreamy white-sand beaches of Florida, our country’s Eastern Seaboard is brimming with picture-perfect landscapes, natural wonders, historic landmarks, and unique cultural experiences that draw newcomers from around the world. But the East Coast, which consists of 14 states and the District of Columbia, is also home to some of the wealthiest and most economically developed metro areas in the country, along with all eight Ivy League colleges and many other top-rated educational institutions, making the area a fertile ground for innovation and professionals seeking better job opportunities and career advancement.

So, if you’re considering relocating to one of the states that border the Atlantic Ocean, we compiled a list of the best places to live on the East Coast with the highest standard of living and a wealth of recreational opportunities.


Portland, Maine

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With more than 17 million acres of forests, Maine certainly lives up to its moniker of the Pine Tree State. And as its most populous metro area, Portland is at the center of its cultural and economic life. The city, which just topped U.S. News & World Report‘s latest ranking of the best cities to live on the East Coast for its low crime rates and the overall well-being of its residents, attracts newcomers with its natural beauty, bustling art scene, and laid-back outdoorsy lifestyle.

“We’re afforded such an abundance of options to enjoy the outdoors: swimming, boating, hiking, biking, rowing, running, skiing, and climbing,” Jennifer Sweeney, a broker at Town & Shore Real Estate, told Travel + Leisure. “Portland is a walkable gem of a city on the working waterfront, marrying rich history with ever-evolving culture.”

She added that some of the most popular neighborhoods for first-time homeowners in greater Portland include South Portland, which “offers more of a seaside suburban vibe, with pet- and kid-friendly beaches and access to trails,” and Cape Elizabeth for its picture-perfect coastline, Fort Williams Park, and highly rated school system. 



Portsmouth, New Hampshire

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Located along the Piscataqua River, Portsmouth’s well-rated public schools are

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LIVE MARKETS STOXX up 22% in 2021: banks lead, travel lags

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  • European shares down ~0.1%
  • STOXX 600 up over 22% in 2021
  • London closed early, Frankfurt shut
  • U.S. stock index futures dip

Dec 31 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected]

STOXX UP 22% IN 2021: BANKS LEAD, TRAVEL LAGS (1317 GMT)

The last trading session of the year delivered no surprises with many European bourses already shut since yesterday and the rest closing shop earlier. Volumes and newsflow was thin.

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The STOXX 600 (.STOXX) ended the day just down slightly and at striking distance from a record high hit last month, scoring a 22% annual gain, its second best year since 2009.

In sectors, travel & leisure (.SXTP) was the worst performer but still managed to end the year up around 4%, held down by pandemic restrictions.

Banks (.SX7P) jumped to the top spot, up 34%, boosted by the economic recovery and a hawkish turn for monetary policy across the globe.

Here’s your last 2021 snapshot.

snapshot

(Danilo Masoni)

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GERMAN-ITALIAN SPREAD? KEEP IN MIND 150 BPS (1050 GMT)

The spread between Italian and German government bond yields is among the hot topics in financial markets as former ECB chief Mario Draghi might leave his job as Italian prime minister if he became Italian president in January next year.

In the short term, the scenario which would trigger the maximum potential widening of the spread is snap elections; but analysts are inclined to rule that out at the moment.

“We think the spread between German and Italian 10-year bond yields is unlikely to widen beyond 150 basis points,” Fabio Castaldi, senior investment manager at Pictet, says.

“I believe that investors, especially domestic ones, will look to step in and buy Italian bonds if spreads widen to those levels heading into the election of the next Italian President in January,” he adds.

“Italian politics will be a substantial issue for Europe unless it’s clear who will succeed Draghi,” Holger Schmieding, chief economist at Berenberg,

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