Since President Donald Trump was elected the S&P 500 is up 19.21 percent, and he says it can go much higher if Congress approves “massive tax cuts.” Trump tweeted Wednesday that the stock market has risen more than $5 trillion since his election and the “Fake News Media” has not […]
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This chart shows we are entering the next rate supercycle: Louise Yamada
Bond yields are hovering near their July highs, and technical analyst Louise Yamada says the charts are suggesting a rally in rates is signaling the beginning of a new cycle. “I think the two-year yield has actually been telling us that interest rates are on their way for a reversal […]
Lyft has now delivered half a billion rides
Lyft has delivered its 500 millionth ride — a milestone that speaks to the company’s growth this year. To put it in perspective, Uber celebrated its 5 billionth ride earlier this year, but it operates in nearly 85 countries. Lyft operates only in the US and has been making significant […]
The moment stock pickers have been waiting for has finally arrived
The news for stock pickers just keeps getting better — in addition to the overall great year for the market, one of the biggest trends holding back performance has shown a sharp turnaround. Correlation, or the tendency of stocks to move up and down in lockstep, has hit a post-financial […]
Trump threatens to ‘challenge’ NBC’s license; Comcast shares dip slightly
Shares of NBC-parent Comcast dipped slightly Wednesday after President Donald Trump tweeted about challenging the NBC network license. “With all of the Fake News coming out of NBC and the Networks, at what point is it appropriate to challenge their License? Bad for country!” Trump said in a Wednesday tweet […]
GE defends dividend after JPMorgan predicts payout cut is ‘increasingly likely’
JPMorgan isn’t buying the shake-up at General Electric. Analyst Stephen Tusa Jr. said in a Wednesday note that he sees a dividend cut as “increasingly likely” and lowered his price target on the stock by $2 to $20, more than 14 percent below Tuesday’s close. Just like the departure of […]
Ruth Bader Ginsburg says this is the secret to living a meaningful life
By any measure, Supreme Court Justice Ruth Bader Ginsburg has led a remarkably successful life. Appointed by President Clinton in 1993, she became the second woman ever to be sworn in as a justice for the country’s highest court. She is a champion of women’s rights and well-respected for her […]
Ruth Bader Ginsburg says this is the secret to living a meaningful life
By any measure, Supreme Court Justice Ruth Bader Ginsburg has led a remarkably successful life. Appointed by President Clinton in 1993, she became the second woman ever to be sworn in as a justice for the country’s highest court. She is a champion of women’s rights and well-respected for her […]