Today, Shah Gilani let some wicked punches fly, debunking the legitimacy of Wall Street’s “Dark Pools” on NPR’s popular talk show On Point.
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.
We live in an age of numbers, and they tell stories worth a thousand pictures. Here’s are 10 of the most fanciful, bizarre, infuriating, and compelling ones this week:
Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) come with tidings of great joy this week: They have crafted a U.S. budget deal that solves the government’s fiscal problems.
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 markets continue to reach all-time highs, leaving some wondering just how high the Dow Jones Industrial Average can go.
Is Dow 18,000 realistic?
On Nov. 11, Chinese e-commerce giant Alibaba Group Holding Ltd. set a company record for most sales in a 24-hour period when $5.7 billion was exchanged over its network of websites.
This year has seen the busiest U.S. IPO market since 2007, with 199 companies already going public.
Their performance has investors fearing we’ve hit IPO market bubble territory.
Retailers make 20% to 40% of their revenue between Thanksgiving and the New Year. That’s why a handful of popular U.S. retailers have announced plans to open their doors on Thanksgiving Day, instead of waiting a few hours until Black Friday.
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.