Bombardier, which sold control of the A220 program to Airbus in 2018 for a token Canadian dollar as part of broader efforts to improve its financial footing, said the venture needed more investment and might be subject to a writedown during fourth-quarter results next month. Bombardier also said it is “reassessing” its minority stake in the A220 jet program, which will require additional cash to ramp up production. …read more […]
I’m frequently asked how markets do during a presidential election year.
Looking back through history, there are certain trends in the markets during the first, second, third and fourth years of a presidential term.
Market watchers forecast based on how history repeats itself during these cycles. So today, I’ll focus on what tends to happen in the fourth year of a presidential term.
Since 1952, the Stock Trader’s Almanac tells us, the Dow has returned 10.1% on average when a sitting president has run for reelection.
(Of course, there is no crystal ball for the market. Past performance is no indicator of future performance. …read more […]
New investment terms are showing up every day. Some of them fade but the one we’re about to review is becoming more common. As the market continues to grow, so will the number of investment unicorns. That’s why I’ve put together this short guide and a list of unicorn startups.
What is an Investment Unicorn?
An investment unicorn is a privately held startup that’s climbed to a valuation of at least a $1 billion. And most unicorns have come from the tech sector thanks to their ability to scale their business. For example, unicorns like Airbnb and Robinhood can reach millions of …read more […]
A business development company, or BDC, is a unique class of company that operates much like a private equity firm but with many of the same oversight requirements as a publicly-traded stock. Profits from loans and other investments are delivered to shareholders via regular and generous dividends but without the constraints of conventional private equity funds. Also, current low interest rates allow them to access capital cheaply while a surging U.S. economy means a tailwind behind their investments. …read more […]
The cannabis sector is on fire – in a good way!
What a difference a couple of months can make. Back in November and December, pot stocks were getting killed across the board.
The thinking now is that these stocks have bottomed – and that they’ll no longer decrease significantly.
It’s important to know that what happened with pot stocks is actually a game Wall Street plays all the time – and you need to know how to interpret it.
Let me explain…
To start, brokers hype up companies, which leads to an increase in share value of those companies. Then the hype fades and …read more […]