Investors are going to be thirsty for the kind of returns to which they become accustomed now that the Federal Reserve is taking their “juice” away from them, market expert Jim Paulsen said. Since the darkest days of the financial crisis, the Fed has been keeping interest rates low and […]
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The next big worry for markets—NAFTA fails and trade wars erupt
As trade negotiators prepare to meet in Mexico this week, Wall Street is increasingly worried the 23-year-old NAFTA trade deal could fall apart, creating the potential for new trade clashes in North America and around the globe. Analysts say tough “America first” trade talk from President Donald Trump in Vietnam […]
The next big worry for markets — trade wars
As trade negotiators prepare to meet in Mexico this week, Wall Street is increasingly worried the 23-year-old NAFTA trade deal could fall apart, creating the potential for new trade clashes in North America and around the globe. Analysts say tough “America first” trade talk from President Donald Trump in Vietnam […]
This chart shows market is due for a 5% slide
The stock market’s run of low volatility may be coming to an end. That’s according to the historical trends seen in some market charts tracing the S&P 500 back to 1950. There appears to be a natural pattern of how long the market can go without a big move. The […]
Attention bitcoin bears: You’ll be able to bet against the digital currency in one month
Investors who want to bet against bitcoin‘s massive price gains can likely do so beginning in mid-December, according to the head of the world’s largest futures exchange. “When can you be able to short this product, I think sometime in the second week in December you’ll see our contract out […]
GE’s dividend cut is the largest ever by a US company outside of the financial crisis
It doesn’t sound like much: General Electric is cutting its dividend from 96 cents a year to 48 cents. But GE has a lot of shares outstanding: 8.67 billion. Reducing the dividend by 48 cents with 8.67 billion shares outstanding means shareholders are getting $4.1 billion less in dividends each […]
General Electric slashes dividend by 50% as new CEO tries to turn around 125-year-old conglomerate
General Electric said Monday it was cutting its dividend in half, a move that could cause many long-time shareholders in the 125 year-old conglomerate to flee, but also free up much needed capital to fund a turnaround for the one-time American bellwether. GE said it was cutting its quarterly payout […]
The technician who called the crude rally says oil could easily test $60 per barrel next
Crude has been on a torrid streak, surging 35 percent from its 2017 low to its highest in more than 2 years. Now, a technician who called the initial rally says there’s even more room to run. With this week’s rally, oil is up almost 6 percent year to date. […]
Bitcoin briefly drops 15% in rocky weekend on controversy over the digital currency’s future
High volatility isn’t going away for bitcoin, raising questions about whether the digital currency can be a sustainable investment asset. Late Saturday, the crypto-currency plunged 15 percent from nearly $6,500 to a low of $5,507, before intermittently shooting back up to near $6,400, according to CoinDesk. Bitcoin last traded near […]
‘Justice League’ aims to break through $1 billion after a rocky start to DC’s comic franchise movies
Warner Bros. has a lot riding on the release of “Justice League” next weekend following a rocky start for several franchises and a flurry of reports that’s left fans uncertain about future films. Despite all this, analysts expect the superhero team-up movie to be a blockbuster. But better reviews, and […]