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Does Weather Move the Markets? Money Morning

Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business’ “Varney & Co.” this morning (Tuesday) to answer the question, “Does weather move the markets?”

Georgia will fall victim today to a winter storm the National Weather Service is calling “a historic, catastrophic event.” Atlanta will shut down for the next two days, and U.S. President Barack Obama declared an emergency for the state. The storm will ultimately affect more than 100 million people, from Texas to Georgia, New York, and Massachusetts this week.

The post Does Weather Move the Markets? appeared first on Money Morning – Only the News You Can Profit From.

The Five Biggest Asset Bubbles in History – Money Morning

Between the stock market, bitcoin, and tech IPOs, today everyone seems in a race to spot the next biggest asset bubbles readying to pop.

The term “asset bubble” indicates that there is a marked, noticeable divergence between the market price of an asset and its fundamental value. In other words, something that people store value in – a coin, a house, a share of stock – is valued much, much higher than the thing itself could possibly be worth.

The U.S. Companies with the Most Cash – Money Morning

The trend of companies in America hoarding cash keeps growing.

The 10 U.S. companies with the most cash reported a combined $540 billion in cash, cash equivalents, and short-term investments in their last quarterly reports. That’s up nearly 3.7% in just the last quarter.

These cash hoards are why activist investors like Carl Icahn have been pushing companies’ boards to share their wealth with stockholders.