Banks are seeing significant returns, with some outperforming the market indices in 2016. With the market currently in consolidation and President-Elect Trump close to beginning his term, investors are on the sidelines waiting for clearer indicators of what is to come in 2017 as well as during Trump’s remaining time in his term. The question remains whether the banking sector has been curtailing....More>>>
The resurgence of digital currencies continued Monday.
The total value of all cryptocurrencies topped $400 billion for the first time since March 8, once again driven by the smaller coins, most notably bitcoin cash, which is up more than 80% in the past seven days.
The price of the No. 1 digital currency, bitcoin
Fistula is a condition which causes urinary incontinence after blood supply to vaginal and bladder or rectal tissues is cut during prolonged obstructed labour. (Photo credit: ISSOUF SANOGO/AFP/Getty Images)
For over 35 years, I have worked tirelessly to connect the generations through earning, saving, spending, and, most importantly, sharing. Speaking of sharing, I recently received....More>>>
Source: ThinkstockFebruary 23, 2018: The S&P 500 closed up 1.6% at 2,747.47. The DJIA closed up 1.4% at 25,311.92. Separately, the Nasdaq was up 1.8% at 7,337.39.
Friday was a very positive day for the broadU.S. markets, with all three of the major exchanges closing higher on the day. Crude oil made a strong recovery and is back above $63. The S&P 500 sectors were entirely positive.....More>>>
October 12, 2017: Markets opened lower Thursday, bounced higher at midday, and then sank again. Unimpressive earnings from two of the country’s largest banks didn’t help and a move higher on the producer price index was attributed to higher energy prices due to hurricanes in the Gulf. Utilities and real estate were the big sector winners today, while telecom and financials lagged. WTI....More>>>
What are the best auto stocks to buy right now?
Let’s clarify the question. To my mind, when we’re considering auto stocks in the current environment, we’re looking for companies that are well run and profitable, have reasonably priced stocks, and stand a good chance of thriving amid the technological changes that are coming to the world of autos.
The risks of disruption....More>>>
We spend most of our working lives contributing money to retirement accounts but what about taking it out in retirement? If you have pre-tax, Roth, and taxable accounts, how much should you withdraw from each one? Here are some things to consider:
1) How much can you safely withdraw? The safest option is to only withdraw earnings and not touch any of the principal but....More>>>
Back in 2014, I wrote this article arguing that the House of Saud’s main motivation for allowing oil prices to fall was not economic but power based, concluding:
“So, when we investors consider how long oil prices are likely to stay at current levels, we should not just think about monetary influences. In this case, the maintenance of political power by the House....More>>>
Many analysts have voiced fears that the U.S. stock markets march higher is overdone.
One chart watcher, on the other hand, is suggesting the opposite.
The breakout could be just getting started, wrote Jonathan Krinsky, chief market technician at MKM Partners, in a note dated Sunday.
This view comes after Krinsky looked not at the S&P 500 ....More>>>
September 13, 2017: Markets opened mixed Wednesday and none of the major indexes has strayed far from the break-even line with less than an hour to go until the closing bell. The producer price index rose by 0.2%, a little less than expected. Among the sectors, energy has posted the largest gain following the report on U.S. inventories while real estate and healthcare lagged. WTI crude oil for October....More>>>