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Morgan Stanley Strategist Advises to Get Out of Stocks
While many investors are concerned that the current bull market may be over soon, Morgan Stanley’s Mike Wilson tells us that he has seen enough to get out…
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Caterpillar Digs the Dow a Hole on Monday
When Caterpillar misses its earnings projections by as much as they did today, hearing $2.55 per share and expecting $2.98 per share, investors are going to be concerned.…
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U.K. Braces for No-Deal Brexit Aftermath
With the March 29 deadline looming, and he U.K. and the European Union far from reaching an agreement, the unthinkable no-deal might actually happen. The United Kingdom is…
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Markets Expect Fed to be Patient with Economy
With the next Federal Reserve Open Market Committee meeting set to begin on Tuesday, investors anxiously wait, not for a hike or not, but for more information. Few…
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U.S. Government Shutdown Gets Temporary Reprieve
The longest U.S. government shutdown in history is finally over, for now anyway. Stock markets weren’t particularly bothered by this either way though as it turned out. Donald…
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Ray Dalio Warns of “Huge” Impact of 70% Tax Rate
Alexandra Ocasio-Cortez sees herself as a real champion of the people. Raising tax rates is a double-edged sword though, and we need to be wary of the side…
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Fund Manager Bill Miller’s Top Stock Picks for 2019
The majority of fund managers fail to beat the market, but some consistently do. Bill Miller is among them, and he shares with us his top 4 stock…
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Mortgage Rates Expected to Rise in 2019
In spite of concerns about mortgage demand shrinking in 2019, we will probably see a rise in the 30-year fixed mortgage rate this year, even though it will…
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Earnings Results from Chip Manufacturers Spring Hope
Shares of semiconductor companies have been struggling lately amidst concerns of declining demand. Three of them reported positive quarterly results today though. Three major chip manufacturers released their…
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IBM Stock Surges Ahead by Exceeding Expectations
While IBM reported a second consecutive quarter with drops in revenue, it’s really all about beating expectations, and IBM clearly did that, pushing its stock further up. IBM…