We’d expect today's major stock averages to recover a bit and then get hit again, concluding the day with another full market swan dive. Or not. You never really know these days.
Trump is attempting to turn around an increasingly negative international trade situation. It’s persisted for decades, this Slaughter on Wall Street. And the perps include not only China but also our alleged friends and trading partners.
Nothing like a bit of blatant fake news, trumpeted nationwide on cue to smear the President. The once respected but now feckless Time magazine propagandized the issue with obviously Photoshopped anti-Trump cover art. Time's artistic D-Listers depicted a fake Presidential encounter with a sobbing illegal alien girl.
In anticipation of the new sector index, XLC, a new Communication Services ETF, was launched this past Tuesday by State Street. Since it’s new, it’s thinly traded at the moment. That is likely to change as September 21, 2018 approaches.
Stoners and marijuana investors waxed ecstatic Tuesday night. Or at least those fun-living cannabis enthusiasts currently residing in Canada. That’s because C-45, aka the Cannabis Act, is now the law of the land for our neighbors to the North.
The media’s trade war hype continues to stretch the limits of hysteria. And since it’s headlines (not numbers) that drive Wall Streets machine trading, markets react negatively, just like the headlines tell them to.
Last week’s Q2 GDP estimate from the Atlanta Fed proved to be a real eye-opener. Though just a rolling estimate, this latest data dump by the Atlanta Fed would seem to indicate that at least in a business sense, President Trump’s MAGA Revolution is well underway.
Peltz' support for Trump's trade policy is a welcome surprise, given that nearly any report issued by the NBC stable of channels avoids anything good to say about the current U.S. President.
With regard to Sage Obama, Matthew Continetti launches the finest evaluation of Obama’s disastrous, destructive presidency I’ve read to date.
Tariff fears? Italian issues? Forget about ‘em. U.S. job numbers are up Friday morning and Wall Street traders and investors are bursting into song Friday morning. Big time.
Thursday’s announcement declaring new US tariffs, coupled with renewed fears of an Italexit – Italy’s version of the Brexit – is hammering the averages again today.
Lower oil prices and Italy's populist shift - the Italian contagion - combined to shaft Tuesday's trading action. Big time.
Let's take a glimpse into the ultimately negative consequences of corporate virtue signaling. Highlights of today’s column include the unintended fallout that occurred not long after Starbucks and Publix jumped the PC shark.
It’s critically important to make sure you’ve covered several bedrock financial items that should always be in place before you even start to invest. These elements of financial security involve personal savings, insurance coverage, and personal wills.
Public campaign financing to support candidates in US presidential campaigns is based on a previously implemented (1976), optional $3 check-off (as revised in 1993). The check-off option appears on your IRS 1040 tax filing forms.
The lure of marijuana stocks (and marijuana ETFs like MJ) is the possibility that this effectively UNcontrolled substance is a risk that, "for sure," will make speculators rich. The problem is that these stocks and ETFs are acutely prone to severe headline risk.
Still under FDA review, the GW Pharmaceuticals drug Epidiolex is a potential treatment for two rare versions of childhood epilepsy.
President Trump’s definitive cancellation of his June Singapore summit with Little Rocket Man brought out the bears in force in Thursday morning trading action.
GreenSky has spent most of Thursday trading under its IPO price, which is not good. But this IPO was unfortunate enough to make its debut on a big headline risk day, i.e.,the Singapore summit cancellation.
For most Americans today, Memorial Day 2018 will mark the traditional annual kickoff day for beach season and summer vacations. But, since this coming Monday is a national holiday and day of remembrance, Wall Street and the banking business come to a temporary halt on Memorial Day.