Trading Ideas
Trump uses flamethrower on bullish investors again and serves up one valuable investing lesson
President Trump’s latest comments on the trade war front should serve up a valuable lesson to investors. …read more […]
Month: December 2019
Business News
Wall Street sinks as Trump hints at delay in trade deal with China
Wall Street fell more than 1% and the benchmark S&P 500 hit a near one-month low on Tuesday, as comments from President Donald Trump and Commerce Secretary Wilbur Ross stoked fears of a significant delay in resolving a trade dispute with China.
Trading Ideas
U.S. copper frenzy grows as Rio Tinto plans $1.5 bln Utah mine expansion
Rio Tinto Plc said on Tuesday it would spend $1.5 billion to expand its Kennecott copper mine in Utah, part of a growing trend by miners to invest in strategic mineral projects across the United States. The move more than doubles the mining industry’s recent investment in U.S. copper projects, as Tesla Inc and other automakers demand more of the red metal for electric vehicle motors and other components. The expansion project, which Rio said will generate “attractive returns” without elaborating, is set to get underway next year. …read more […]
Business News
Goldman to launch new products and services on Amazon’s cloud
Goldman Sachs Group Inc Chief Executive David Solomon said the bank will be launching new technology-based products and services for its institutional clients on Amazon’s cloud next year.
Business News
Federal Reserve terminates 2015 forex enforcement action against Bank of America
The U.S. Federal Reserve announced Wednesday it had terminated a 2015 enforcement action against Bank of America over its shortcomings in preventing traders from manipulating foreign exchange rates.
Trading Ideas
Pollster: By the time the next election happens everyone will be pissed off
2020 Democratic candidates, Impeachment trial, trade war and Bloomberg’s Presidential bid, Frank Luntz candidly assesses the political landscape. Yahoo Finance’s Julie Hyman, Adam Shapiro, Rick Newman and Steve Sosnick of Interactive Broker’s discuss. …read more […]
Business News
Volkswagen headquarters raided again over diesel scandal
German public prosecutors raided the Wolfsburg headquarters of Volkswagen on Tuesday in the latest investigation into the carmaker’s diesel emissions scandal.
Business News
Oil steadies after brief slide on Trump’s U.S-China trade comments
Oil steadied on Tuesday, as expectations of output cuts from OPEC and allied producers brought prices back up after they slid briefly following comments from U.S. President Donald Trump that a trade deal with China may be delayed.
Business News
Glencore’s Glasenberg says successor could be in place next year
Glencore could announce a new CEO next year once a new team is in place after a transition process starting in the new year, its current chief executive said on Tuesday.
Business News
Fidelity Investments names new head of $3 trillion asset management division
Fidelity Investments on Tuesday named Bart Grenier, who was at the center of a tickets scandal at the mutual fund company more than a decade ago, to lead its nearly $3 trillion asset management division.
Trading Ideas
Is SolarEdge Technologies, Inc.’s (NASDAQ:SEDG) 17% ROCE Any Good?
Today we’ll look at SolarEdge Technologies, Inc. (NASDAQ:SEDG) and reflect on its potential as an investment… …read more […]
Trading Ideas
Is Traditional Wall Street Research Useless?
In the 1990s, investment recommendations were made based on reports, meetings and “kicking the tires.” A lot has changed since then.
Nicholas Vardy explains the new world of investment management and what it means for your ETF portfolio.
Stockbroker Fred Schwed asked the question in the title of his 1940 classic book, Where Are the Customers’ Yachts?
Fast-forward 80 years, and the question remains the same.
Many investors spend countless hours poring through fundamental research produced by Wall Street’s investment banks.
This focus on company fundamentals, however, masks a new, broad and deep-rooted trend: Computer-driven strategies are transforming the way Wall Street invests.
And this transformation …read more […]
Trading Ideas
Buffett and Munger: How to Protect Against Inflation
Some advice from the 2004 Berkshire annual meeting Continue reading… …read more […]
Business News
Volkswagen headquarters raided again in connection with diesel scandal
Public prosecutors on Tuesday raided the Wolfsburg headquarters of Volkswagen as part of the investigation into the car maker’s diesel scandal.
Business News
Nokia names veteran Sari Baldauf as group boss to take on 5G challenge
Telecoms equipment maker Nokia announced on Tuesday that it plans to appoint its former networks chief Sari Baldauf as chairman, succeeding Risto Siilasmaa who will step down after eight years in the job.