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Trading Ideas

GFL IPO Successful Despite Coronavirus Market

A GFL Environmental IPO recently hit the markets. After delaying the IPO twice, the company finally followed through amid the coronavirus chaos.
The Canadian company is growing. And the numbers it’s reported were more than enough to catch investors’ interest. The GFL IPO was a success. But why? Here’s what we know….
GFL IPO: The Business

Patrick Dovigi, a Canadian former hockey goalie, founded GFL Environmental in 2007. He currently serves as CEO. The Ontario-based company is the fourth largest diversified waste management company in North America. Its services include solid and liquid waste management as well as infrastructure and soil remediation.
GFL operates …read more […]

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Trading Ideas

Nightmare on Wall Street Was All About Liquidity

(Bloomberg) — Ian Burdette stared at his computer screens on Thursday afternoon in New York and could hardly believe his eyes. Everywhere that the head of term-rates trading at Academy Securities Inc. looked, there were massive anomalies and signs of unprecedented stresses in markets.Ultra Long Term U.S. Treasury Bond Futures, which moved about 1.3 points per day on average in January, were down more than seven points on the day and off 36 points from Monday’s high. Italian sovereign debt had simply imploded. An index of costs to insure corporate debt with credit-default swaps surged the most since Lehman Brothers …read more […]

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Trading Ideas

How to Invest in Gold in a Volatile Market

Market volatility seems out of control. The markets move a thousand points up or down per day. Gold can be seen as a safe harbor in these turbulent times. But if you don’t know how to invest in gold, we’re here to help.
Gold is a commodity. That means it’s a basic economic good that is completely interchangeable with other instances of the same stuff. Other commodities in the investing market include platinum and other precious metals. Oil. Soybeans. Lumber. And more.
Stocks have been on an incredible run over the last decade. Since February, 2009, the S&P had surged 250%. If …read more […]

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Business News

Trump encountered second person who later tested positive for coronavirus, White House physician says

U.S. President Donald Trump encountered a second individual last weekend who later tested positive for coronavirus, but the president did not require testing for the virus or quarantining, the White House physician said on Friday.

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