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Goldman Sachs Defends GE Against Accounting Accusations

Investing By: Robert Paulsen 21 August 2019
Goldman Sachs

GE has taken quite a bit of heat for their alleged accounting irregularities surrounding their managed care insurance divisions. GE denies any wrongdoing, and Goldman Sachs agrees. General Electric, commonly known as GE, has a very storied history, beginning all the way back in 1892. Among their founders were Thomas Edison and J.P. Morgan. Edison […]

The Dangers of Equating Bank Stocks with Utilities

Stocks By: Eric Baker 20 August 2019
Utilities

Bank stocks and utility stocks do have some things in common, such as high earnings and good dividends. The two are very distinct in some very important ways though. There are actually quite a few investors out there who call themselves conservative, and at least think that they are, who invest in bank stocks for […]

As Bad as Oil Stocks Have Been, Are They Worth a Look?

Stocks By: Ken Stephens 19 August 2019
Oil Stocks

Good stock selection always involves seeking better than average opportunities. Oil stocks have been way below average for a long time, but is there a reason to be optimistic? It is no secret that the oil and gas sector has fallen out of favor, and it’s no surprise either considering how tied this sector is […]

Analysts Sees Gold Heading to $2000/ounce

Gold By: Monica Stankowski 18 August 2019
Gold

Back in 2011, the price of gold peaked over $1900 an ounce, an all-time record. This was at the end of a big run up in gold prices. Is gold headed back to that area again? Gold has certainly been on a nice run. In less than 3 months, its price has risen from $1275 […]

Markets Await Fed Chairman Powell’s Remarks Next Friday

Investing By: Ken Stephens 17 August 2019
Chairman Jerome Powell

The annual global central bank conference is scheduled for next week, and on Friday, Federal Reserve chairman Jerome Powell will provide an update on where the Fed is leaning. With the next Federal Reserve Open Market Committee meeting a month away, with the next announcement not scheduled until September 18, there will be plenty of […]

New Senate Bill Seeks to Tax Foreign Investment

Taxation By: Monica Stankowski 16 August 2019
Tax

We might think that a bill looking to accomplish such things as improving the trade deficit would seem like a fine idea indeed. We need to look behind the rhetoric though. There are a lot of people that look at America’s massive trade deficit and see this as a harm or at least lost opportunity, […]

Stock Markets Plunge 3% Wednesday on Recession Worries

Stocks By: Robert Paulsen 15 August 2019
Stock Markets Down

This week’s trading has been a real ping-pong match so far. On Wednesday, the bears served up another big losing day, with yield inversion fears back in full force. The usual suspects on the bear side were in full force on Wednesday, causing a loss of 800 points on the Dow in the biggest one-day […]

Corn Futures Decline Wednesday for Third Straight Day

Commodities By: Ken Stephens 14 August 2019
Corn Futures

The corn market got hit with a surprise on Monday as the USGA’s latest projections on the current crop season hit the street. Things aren’t as bad as the market thought. Between the middle of May and the middle of June of this year, corn prices really heated up due to all of the rain […]

Are High Dividend Stock Funds a Good Alternative?

Investing By: Monica Stankowski 13 August 2019
Dividend funds

Many investors who are disappointed by the low yields on bonds are now eyeing dividends from stocks, including high yield dividend funds. Does this make sense? There are three main classes of assets, which are categorized as growth, income, and savings. In terms of securities, the growth segment consists of common stocks, the income class […]

Despite the Grumbling, Economy Looking Great

Economics Of Investing By: Ken Stephens 12 August 2019
Economy

2019 has been a year where both the stock and bond market have performed extremely well, but also one that worries about the economy have also gone on and on. Just looking at all the noise on the street, you would think that we were facing some difficult times with the economy which are set […]

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